2 Commonwealth Dr Basking Ridge, NJ 07920
Estimated Value: $418,000 - $461,000
2
Beds
2
Baths
--
Sq Ft
392
Sq Ft Lot
About This Home
As of January 2012This home is located at 2 Commonwealth Dr, Basking Ridge, NJ 07920 since 04 January 2012 and is currently estimated at $442,330. 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
Lot Details
- 392
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,830
Avg. Annual Appreciation
4.62%
Original Mortgage
$174,375
Outstanding Balance
$119,661
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$322,669
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%
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Home Values in the Area
Average Home Value in this Area
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
| 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
APN: 02-08603-0000-00002-0000-CONDO
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