NOT LISTED FOR SALE

2 Watchung Dr Basking Ridge, NJ 07920

Estimated Value: $1,478,000 - $1,829,000

4 Beds
5 Baths
-- Sq Ft
0.43 Acres

Last Sold July 10, 2024

Last sale price $1,768,000

Est. 5% decrease in value since last sale

Current estimated payment $10,703/month

9 Days on Market

About This Home

As of July 2024

This home is located at 2 Watchung Dr, Basking Ridge, NJ 07920 since 24 April 2024 and is currently estimated at $1,678,120. This property was built in 2000. 2 Watchung Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Scott Shuman

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 04/24/2024

KELLER WILLIAMS REALTY

Last Buyer's Agent

Jing Ning

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,088

Year Built

  • Built in 2000

Lot Details

  • 0.43 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,088

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • County Name: Somerset
  • Street Number Display: 2
  • I D: 5283137
  • Modified: 2025-07-11
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.43AC
  • Total Acres: 0.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 25, 2024
Sold by
Johnson Michael G and Johnson Susan S
Bought by
Li Yichen and Zhang Xinxin
Seller's Agent
Scott Shuman
KELLER WILLIAMS REALTY
Buyer's Agent
Jing Ning
REALMART REALTY
List Price
$1,495,000
Sold Price
$1,768,000
Premium/Discount to List
$273,000
18.26%
Views
43
Current Estimated Value
$1,678,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,880
Avg. Annual Appreciation
-4.22%
Original Mortgage
$968,000
Outstanding Balance
$955,308
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$722,812

Purchase Details

Closed on
Jun 29, 2005
Sold by
Ball Owen K and Ball Shirley M
Bought by
Johnson Michael G and Johnson Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2000
Sold by
Patriots Lp
Bought by
Ball Owen and Ball Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Li Yichen $1,768,000 Title Authority
Li Yichen $1,768,000 Title Authority
Johnson Michael G $1,110,000 None Available
Ball Owen $630,181 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yichen $968,000
Closed Li Yichen $968,000
Previous Owner Johnson Michael G $111,000
Previous Owner Johnson Michael G $888,000
Previous Owner Ball Owen $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $1,768,000 +18.3% --
05/03/2024 05/03/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,495,000 -- --
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 $22,088 $1,492,900 $400,800 $1,092,100
2024 $22,088 $1,241,600 $300,000 $941,600
2023 $21,959 $1,164,300 $300,000 $864,300
2022 $20,524 $1,020,600 $300,000 $720,600
2021 $20,486 $970,900 $319,000 $651,900
2020 $20,274 $968,200 $319,000 $649,200
2019 $20,057 $986,100 $329,800 $656,300
2018 $20,639 $1,029,400 $334,600 $694,800
2017 $20,236 $1,017,400 $362,200 $655,200
2016 $20,384 $1,044,800 $382,200 $662,600
2015 $20,474 $1,068,600 $397,200 $671,400
2014 $19,878 $1,027,800 $307,200 $720,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    10 in this area

    399 Total Sales

    Scott Shuman
    Section Image

  • J

    Buyer's Agent in 2024

    Jing Ning

    REALMART REALTY

    (585) 978-1068

    44 in this area

    124 Total Sales

    Jing Ning
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3898077

Garden State MLS

APN: 02-10507-0000-00001

New Jersey Somerset County Basking Ridge 07920

2 Watchung Dr, Basking Ridge, NJ

This home is located at 2 Watchung Dr, Basking Ridge, NJ 07920 since 24 April 2024 and is currently estimated at $1,678,120. This property was built in 2000. 2 Watchung Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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