NOT LISTED FOR SALE

2 Hamilton Rd Basking Ridge, NJ 07920

Estimated Value: $1,178,000 - $1,417,000

4 Beds
4.5 Baths
-- Sq Ft
0.58 Acres

Last Sold September 28, 2017

Last sale price $884,000

Est. 51% increase in value since last sale

Current estimated payment $8,645/month

159 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Colonial Architecture
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Clubhouse

About This Home

As of September 2017

Beautiful Single Family Home in the Gatehouse Neighborhood, Basking Ridge. First Floor Bedroom with Full Bath. Finished basement with full bath. Conveniently located near Shopping, Restaurants, Pool, Tennis, Clubhouse with Exercise Room, Bike/Jog Paths, with easy access to I-78 & 287. Just 15 miles to Morristown & 18 miles to New Brunswick. Bus & Train Services available nearby. The Mall at Short Hills & Bridgewater Commons Mall are minutes away! Just a short drive (30 minutes) to the Prudential Center, see games & concerts close to home! You will feel privileged to reside in The Hills. Enjoy The Hills Lifestyle! A Countryside Community.

Last Agent to Sell the Property

Peter Cagnassola

BEDMINSTER HILLS REALTY Listed on: 03/26/2017

Last Buyer's Agent

MERRILYN AYALA

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,989

Year Built

  • Built in 1996

Lot Details

  • 0.58 Acre Lot
  • Level Lot

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Clapboard

Interior Spaces

  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-09704-0000-00001-0000-

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,989

Year Built

Built in 1996

Lot Details

0

HOA Fees

$39 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1996
  • County Name: Somerset
  • Directions: Schley Mtn/Allen Rd to Hamilton Road, home on left
  • I D: 4699188
  • Section Subdiv Development: Gatehouse II in The Hills
  • First Name: PETER J.
  • First Name3: MERRILYN
  • Last Name: CAGNASSOLA
  • Last Name3: AYALA
  • Office Phone: 908-658-3400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Bedroom 1, Family Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher
  • Interior Amenities: JacuzTyp, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Fireplace, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Bath(s) Other, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 17x13
  • Kitchen Level: First
  • Living Room Dim: 14x12
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 12x11
  • Other Room1 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Family Room, Kitchen, Powder Room, Foyer, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Laundry Room, Bath Main
  • Phone: 908-658-3400

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Deck, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 39
  • Association Maintenance Fee Frequency: Monthly

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.58AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.58

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16989
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09704-0000-00001-0000-
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2017
Closed on
Sep 26, 2017
Sold by
Chung Rachelle Lee and Chung Suimon
Bought by
Xie Lugang and Chen Menghui
Seller's Agent
Peter Cagnassola
BEDMINSTER HILLS REALTY
Buyer's Agent
MERRILYN AYALA
REDFIN CORPORATION
List Price
$918,888
Sold Price
$884,000
Premium/Discount to List
-$34,888
-3.8%
Current Estimated Value
$1,330,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,511
Avg. Annual Appreciation
5.13%
Original Mortgage
$707,200
Outstanding Balance
$591,817
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$738,694

Purchase Details

Closed on
Aug 30, 1996
Sold by
Hills Deve Co
Bought by
Chung Rachelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Xie Lugang $8,840,000 Advanatge Title Agency Inc
Chung Rachelle $395,499 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Lugang $707,200
Previous Owner Chung Rachelle $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $884,000 -3.8% --
09/01/2017 09/01/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $918,888 -- --
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 $18,945 $1,145,400 $295,300 $850,100
2024 $18,945 $1,064,900 $265,500 $799,400
2023 $18,462 $978,900 $265,500 $713,400
2022 $17,089 $849,800 $261,300 $588,500
2021 $17,202 $808,900 $261,300 $547,600
2020 $17,202 $821,500 $261,300 $560,200
2019 $16,937 $832,700 $266,200 $566,500
2018 $16,696 $832,700 $266,200 $566,500
2017 $16,427 $825,900 $266,200 $559,700
2016 $16,989 $870,800 $266,200 $604,600
2015 $16,604 $866,600 $253,500 $613,100
2014 $15,559 $804,500 $253,500 $551,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3374028

Garden State MLS

APN: 02-09704-0000-00001