NOT LISTED FOR SALE

199 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $418,797 - $434,000

2 Beds
1 Bath
-- Sq Ft
$312/mo HOA Fee

Last Sold December 09, 2016

Last sale price $263,000

Est. 63% increase in value since last sale

Current estimated payment $3,224/month

14 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Deck
  • 1 Car Detached Garage

About This Home

As of December 2016

Fantastic 1st floor end unit. Wonderful location close to pool. Bathroom beautifully remodeled in 2011, New Furnace 2014, New Hot Water Heater 2016, Bedroom Carpet 2015. Hardwood Floors in perfect condition. Custom Walk-In closet in master bedroom. Recessed lights in living room and both bedrooms. Spotlights in kitchen. Full size washer and dryer. This end unit has beautifully views on 2 sides. One of the best locations in Spring Ridge. Handicap Accessible. Basking Ridge top-rated schools. Convenient to Rts. 78, 287 and NYC transportation. This unit has been meticulously cared for and loved like a " home" and truly is move-in condition!

Last Agent to Sell the Property

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Listed on: 09/30/2016

Last Buyer's Agent

Roseann O'Keefe

NEXTHOME PREMIER

NEXTHOME PREMIER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1993

Lot Details

  • 436

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family or Dining Combination
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Additional Features

  • Handicap Modified
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00086-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area, water fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,504

Year Built

Built in 1993

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Style: First Floor Unit, Townhouse-End Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer, Dryer, but being replaced. Towel rack on door in bath
  • Handicap Modified: Yes
  • Street Number Display: 199
  • Directions: King George Road to Spring Valley to Potomac
  • I D: 4660567
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Spring Ridge
  • First Name: JILL
  • First Name3: ROSEANN
  • Last Name: FAHERTY
  • Last Name3: O KEEFE
  • Office Phone: 289595
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, Walk-In Closet, Fire Alarm Sys, Security System, Blinds, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Bath Main, LivDinRm
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Humidifr, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 312
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 108200
  • Assessed Land Value: 123000
  • Assessment: 231200
  • Easement: Unknown
  • Lot Identifier: 86
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 937
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00086-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Dec 9, 2016
Sold by
Millmar Jori S
Bought by
The Dorothy A Karas Revocable Living Tru
Seller's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Roseann O'Keefe
NEXTHOME PREMIER
List Price
$269,000
Sold Price
$263,000
Premium/Discount to List
-$6,000
-2.23%
Total Days on Market
14
Current Estimated Value
$428,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,949
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Giacobello James P
Bought by
Millman Joni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.11%

Purchase Details

Closed on
Nov 30, 1993
Sold by
K Hovnanian At Spring Ridge
Bought by
Giancobello James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.69%
Source: Public Records

Similar Homes in the area

  • 23 Alexandria Way, Basking Ridge, NJ 07920

    $389,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 23 Alexandria Way
    • Basking Ridge, NJ

    Drexel Model with updates - First Floor - Jackson Village. Granite, backsplash and stainless steel appliances in eat-in kitchen. Some updates in spacious bath. Carpeting and tile flooring. Washer/Dryer are in the unit. Deck is off living room. Large basement storage room. Garage. 326-acres of well-maintained grounds bordering over 100 acres of undisturbed nature. Convenient to I-78, NYC Midtown

    ALMA AGUAYO WEICHERT REALTORS

    Section Image
  • 284 Potomac Dr Unit 4, Basking Ridge, NJ 07920

    $399,000

    • 2 Beds
    • 1 Bath
    • 284 Potomac Dr
    • Unit 4
    • Basking Ridge, NJ

    Welcome to this beautifully updated second-floor condo nestled in the sought-after Spring Ridge. This bright & airy 2BR home blends modern upgrades with everyday comfort. The kitchen is a standout, featuring elegant stone countertops, a spacious island, stainless steel appliances including a sleek French door refrigerator, under-cabinet lighting & recessed ceiling lights that add a warm ambiance.

    ALMA AGUAYO WEICHERT REALTORS

    Section Image
  • 117 Alexandria Way, Basking Ridge, NJ 07920

    $389,000

    • 1 Bed
    • 1 Bath
    • 117 Alexandria Way
    • Basking Ridge, NJ

    Welcome to Spring Ridge! This sought-after community offers a clubhouse, tennis courts, pool, and playground conveniently located near top-rated schools, downtown, parks, NYC train, and Routes 78 & 287. This move-in ready FULLY RENOVATED 1st-floor condo features an eat-in kitchen, spacious living room with a wood burning fireplace and balcony, dining area, large bedroom with dual closets, full

    massimo chirichiello SIGNATURE REALTY NJ

    Section Image
  • 112 Smithfield Ct, Basking Ridge, NJ 07920

    $399,000

    • 2 Beds
    • 2 Baths
    • 112 Smithfield Ct
    • Basking Ridge, NJ

    Enjoy your life walking,riding your bike or sitting on your baloney reading a book in this community with acres of beautiful maintained land. Spring Ridge has tennis courts,pool,community center plus a short ride to downtown Basking Ridge and the train station. Second floor Essex 11 model has 2 bedrooms and 2 full baths. Primary was just painted and new carpet installed April 2025. Solid Oak

    RITA KAE-KRAW ERA BONIAKOWSKI REAL ESTATE

    Section Image
  • 140 Alexandria Way, Basking Ridge, NJ 07920

    $399,500

    • 2 Beds
    • 2 Baths
    • 140 Alexandria Way
    • Basking Ridge, NJ

    Spacious and bright 2-bedroom, 2 bath Essex model located on the second floor, featuring soaring ceilings with skylights, a cozy fireplace, and a generous private deck ideal for relaxing or entertaining. This well-located end unit includes a one-car garage and a large storage room for added convenience. Enjoy access to community amenities such as an outdoor pool, tennis courts, and a clubhouse.

    Denise Murphy WEICHERT REALTORS

    Section Image
  • 85 Smithfield Ct, Basking Ridge, NJ 07920

    $389,000

    • 2 Beds
    • 1 Bath
    • 85 Smithfield Ct
    • Basking Ridge, NJ

    Welcome to this beautifully updated first floor 2-bedroom, 1-bath condo offering a perfect blend of comfort, style, and convenience. Step into the designer kitchen featuring sleek cabinetry, stainless steel appliances, a subway tile backsplash, and a breakfast bar ideal for casual dining or entertaining. The spacious living room boasts a cozy wood-burning fireplace and flows into a separate

    Susanne Chiefa C-21 NEW BEGINNINGS

    Section Image
  • 76 Jamestown Rd, Basking Ridge, NJ 07920

    $429,000

    • 2 Beds
    • 2 Baths
    • 76 Jamestown Rd
    • Basking Ridge, NJ

    This desirable Essex (A) model offers one-level living with a spacious basement for storage, an attached garage, and a thoughtfully designed layout featuring two generously sized bedrooms with ample closets and two full baths. The home boasts newer laminate wood flooring in the dining room, living room, and bedrooms, along with recent updates, including a new HVAC system and compressor (2024),

    LAUREN ROTH WEICHERT REALTORS

    Section Image
  • 48 Jamestown Rd Condo, Bernards Twp., NJ 07920

    $399,999

    • 2 Beds
    • 2 Baths
    • 48 Jamestown Rd Condo
    • Bernards Twp., NJ

    2 BED/2 BATH CONDO IN HIGHLY DESIRABLE BASKING RIDGE OFFERS EASY LIVING WITH COMMUNITY AMENITIES! Spring Ridge Community is ideally located close to charming downtown Basking Ridge and minutes from 78. 48 Jamestown Road is located on the Second Floor, accessed via covered stairwell from the included private parking space outside the dedicated single-car garage. Inside you'll find a generous coat

    Scott Shuman KELLER WILLIAMS REALTY

    Section Image
  • 2705 Hemlock Place, Basking Ridge, NJ 07920

    $459,900

    • 2 Beds
    • 1.5 Baths
    • 2705 Hemlock Place
    • Basking Ridge, NJ

    Chef's Delight! The best of worlds are waiting for you in this updated condo. Kitchen presents elegantly upgraded with GRANITE COUNTERTOPS and extra cabinet spaces. Spacious and bright living room is a good place for gatherings. It is located in a PRIVATE WOODED AREA. Gleaming hardwood floors and the elegant formal dining room offer the warmth of a Home Sweet Home. Even more, bathrooms are all

    June Fulton COLDWELL BANKER REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Dorothy A Karas Revocable Living Tru $263,000 Old Republic National Title
Millman Joni S $143,500 --
Giancobello James $114,738 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millman Joni S $120,000
Previous Owner Millman Joni S $81,000
Previous Owner Giancobello James $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $263,000 -2.2% --
10/14/2016 10/14/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $269,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,052 $340,200 $124,000 $216,200
2023 $5,981 $317,100 $124,000 $193,100
2022 $5,689 $282,900 $120,000 $162,900
2021 $5,124 $265,100 $120,000 $145,100
2020 $5,428 $259,200 $115,000 $144,200
2019 $5,189 $255,100 $125,000 $130,100
2018 $5,031 $250,900 $123,000 $127,900
2017 $4,899 $246,300 $123,000 $123,300
2016 $4,511 $231,200 $123,000 $108,200
2015 $4,505 $235,100 $120,000 $115,100
2014 $4,413 $228,200 $120,000 $108,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3339818

Garden State MLS

APN: 02-08701-0000-00086-0000-CONDO