2 Melbourne Way Basking Ridge, NJ 07920
Estimated Value: $1,071,319 - $1,277,000
--
Bed
--
Bath
2,240
Sq Ft
$536/Sq Ft
Est. Value
About This Home
This home is located at 2 Melbourne Way, Basking Ridge, NJ 07920 and is currently estimated at $1,200,580, approximately $535 per square foot. 2 Melbourne Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 1998
Sold by
Dunleavy Barry
Bought by
Cunningham Stewart and Dunne Linda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$64,255
Interest Rate
6.92%
Estimated Equity
$1,136,325
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cunningham Stewart | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cunningham Stewart | $308,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,486 | $1,026,000 | $394,900 | $631,100 |
| 2024 | $15,486 | $870,500 | $336,400 | $534,100 |
| 2023 | $15,593 | $826,800 | $327,400 | $499,400 |
| 2022 | $15,398 | $765,700 | $327,400 | $438,300 |
| 2021 | $14,998 | $710,800 | $327,400 | $383,400 |
| 2020 | $14,493 | $692,100 | $327,400 | $364,700 |
| 2019 | $14,348 | $705,400 | $335,900 | $369,500 |
| 2018 | $13,500 | $673,300 | $363,500 | $309,800 |
| 2017 | $13,824 | $695,000 | $363,500 | $331,500 |
| 2016 | $13,833 | $709,000 | $373,000 | $336,000 |
| 2015 | $13,763 | $718,300 | $377,700 | $340,600 |
| 2014 | $12,674 | $655,300 | $368,200 | $287,100 |
Source: Public Records
Map
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