NOT LISTED FOR SALE

2 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $776,000 - $846,000

3 Beds
2 Baths
768 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $670,000 $872 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,384/month

68 Days on Market

About This Home

As of December 2023

This home is located at 2 Spencer Rd, Basking Ridge, NJ 07920 since 28 September 2023 and is currently estimated at $806,298, approximately $1,049 per square foot. This property was built in 1950. 2 Spencer Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Johnny Nunez

REALTY MARK CENTRAL Brokerage Phone: 609-716-8400 Listed on: 09/28/2023

REALTY MARK CENTRAL

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,887

Year Built

  • Built in 1950

Lot Details

  • 0.65 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,887

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Somerset
  • Street Number Display: 2
  • I D: 5246826
  • Modified: 2024-12-20
  • Number Images: 1
  • Attribution Contact: 609-716-8400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .65AC
  • Total Acres: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 15, 2023
Sold by
Mmm Investments Llc
Bought by
2308 River Landing Llc
Seller's Agent
Johnny Nunez
REALTY MARK CENTRAL
Buyer's Agent
Jennifer Blanchard
BHHS FOX & ROACH
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%
Views
345
Current Estimated Value
$806,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,298
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Jul 17, 2023
Sold by
Berger Terrence B and Berger Kathleen A
Bought by
Mmm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1998
Sold by
Dameo Dorothy M
Bought by
Berger Terrence B and Berger Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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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
2308 River Landing Llc $670,000 None Listed On Document
Mmm Investments Llc $425,000 Fidelity National Title
Berger Terrence B $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mmm Investments Llc $460,000
Previous Owner Berger Terrence B $320,000
Previous Owner Berger Terrence B $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $670,000 -4.2% $872 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/28/2023 11/28/23 Price Changed $699,600 0.0% $911 / Sq Ft
11/20/2023 11/20/23 Price Changed $699,700 0.0% $911 / Sq Ft
11/14/2023 11/14/23 Price Changed $699,800 0.0% $911 / Sq Ft
11/06/2023 11/06/23 Price Changed $699,700 0.0% $911 / Sq Ft
10/30/2023 10/30/23 Price Changed $699,800 0.0% $911 / Sq Ft
09/28/2023 09/28/23 For Sale $699,900 -- $911 / Sq Ft
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
2024 $11,887 $668,200 $337,000 $331,200
2023 $10,222 $542,000 $326,700 $215,300
2022 $10,403 $517,300 $313,200 $204,100
2021 $10,208 $483,800 $313,200 $170,600
2020 $9,578 $457,400 $297,100 $160,300
2019 $9,055 $445,200 $297,100 $148,100
2018 $8,128 $405,400 $297,100 $108,300
2017 $8,014 $402,900 $292,800 $110,100
2016 $7,890 $404,400 $292,800 $111,600
2015 $7,965 $415,700 $302,600 $113,100
2014 $7,649 $395,500 $298,400 $97,100
Source: Public Records

Agents Affiliated with this Home

  • Johnny Nunez

    Seller's Agent in 2023

    Johnny Nunez

    REALTY MARK CENTRAL

    (908) 930-7671

    2 in this area

    153 Total Sales

    Johnny Nunez
    Section Image
  • Jennifer Blanchard

    Buyer's Agent in 2023

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    137 in this area

    219 Total Sales

    Jennifer Blanchard
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3867033

Garden State MLS

APN: 02-01806-0000-00001

New Jersey Somerset County Basking Ridge 07920

2 Spencer Rd, Basking Ridge, NJ

This home is located at 2 Spencer Rd, Basking Ridge, NJ 07920 since 28 September 2023 and is currently estimated at $806,298, approximately $1,049 per square foot. This property was built in 1950. 2 Spencer Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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