NOT LISTED FOR SALE

2 Scotsmans Way Basking Ridge, NJ 07920

Estimated Value: $1,261,089 - $1,542,000

-- Bed
-- Bath
2,696 Sq Ft
$520/Sq Ft Est. Value

About This Home

This home is located at 2 Scotsmans Way, Basking Ridge, NJ 07920 and is currently estimated at $1,401,272, approximately $519 per square foot. 2 Scotsmans Way is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2014
Sold by
Li Wei and Li Ki
Bought by
Jefferies Jamie P and Jefferies Kirsten E
Current Estimated Value
$1,401,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,400
Outstanding Balance
$587,634
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$813,638

Purchase Details

Closed on
May 26, 2000
Sold by
Updyke Eric
Bought by
Li Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.28%

Purchase Details

Closed on
May 22, 1998
Sold by
Bernards Chase Lp
Bought by
Updyke Eric A and Updyke Caroline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jefferies Jamie P $978,000 Alta
Li Wei $585,000 --
Updyke Eric A $452,767 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferies Jamie P $782,400
Previous Owner Li Wei $190,000
Previous Owner Updyke Eric A $360,000
Source: Public Records

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 $18,994 $1,205,900 $445,700 $760,200
2024 $18,994 $1,067,700 $370,800 $696,900
2023 $18,600 $986,200 $370,800 $615,400
2022 $16,959 $843,300 $338,100 $505,200
2021 $16,791 $795,800 $338,100 $457,700
2020 $16,616 $793,500 $338,100 $455,400
2019 $17,075 $839,500 $338,100 $501,400
2018 $16,932 $844,500 $343,100 $501,400
2017 $17,617 $885,700 $353,100 $532,600
2016 $17,499 $896,900 $358,100 $538,800
2015 $17,518 $912,100 $368,100 $544,000
2014 $16,102 $832,600 $318,100 $514,500
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

2 Scotsmans Way, Basking Ridge, NJ

This home is located at 2 Scotsmans Way, Basking Ridge, NJ 07920 and is currently estimated at $1,401,272, approximately $519 per square foot. 2 Scotsmans Way is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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