NOT LISTED FOR SALE

2 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $425,000 - $480,000

2 Beds
2 Baths
-- Sq Ft
392 Sq Ft Lot

Last Sold January 04, 2012

Last sale price $232,500

Est. 96% increase in value since last sale

Current estimated payment $2,910/month

About This Home

As of January 2012

This home is located at 2 Commonwealth Dr, Basking Ridge, NJ 07920 since 04 January 2012 and is currently estimated at $454,964. 2 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,182

Lot Details

  • 392

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,182

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4165710
  • Attribution Contact: 908-781-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2012
Closed on
Dec 30, 2011
Sold by
Kornblit Avinoam
Bought by
Lu Kevin and Fei Lin
Sold Price
$232,500
Current Estimated Value
$454,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,464
Avg. Annual Appreciation
4.94%
Original Mortgage
$174,375
Outstanding Balance
$119,661
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$335,303

Purchase Details

Closed on
Jul 15, 2003
Sold by
Rocks Francis Edward
Bought by
Glaser Arthur B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.46%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Page David
Bought by
Rocks Franicis and Rocks Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,050
Interest Rate
7.2%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Gunn Mary
Bought by
Page Dave and Page Laure

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Lu Kevin $232,500 None Available
Glaser Arthur B $272,000 --
Rocks Franicis $228,500 --
Page Dave $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Kevin $174,375
Previous Owner Glaser Arthur B $207,000
Previous Owner Rocks Franicis $217,050
Previous Owner Page Dave $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2012 01/04/12 Sold $232,500 -- --
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
2025 $6,182 $409,500 $140,000 $269,500
2024 $6,182 $347,500 $124,000 $223,500
2023 $6,705 $355,500 $124,000 $231,500
2022 $6,471 $321,800 $120,000 $201,800
2021 $6,216 $294,600 $120,000 $174,600
2020 $6,052 $289,000 $115,000 $174,000
2019 $5,711 $280,800 $125,000 $155,800
2018 $5,466 $272,600 $123,000 $149,600
2017 $5,521 $277,600 $123,000 $154,600
2016 $4,973 $254,900 $123,000 $131,900
2015 $4,941 $257,900 $120,000 $137,900
2014 $4,963 $256,600 $120,000 $136,600
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 2878069

Garden State MLS

APN: 02-08603-0000-00002-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

2 Commonwealth Dr, Basking Ridge, NJ

Not Listed for Sale

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