NOT LISTED FOR SALE

22 Cherry Ln Basking Ridge, NJ 07920

Estimated Value: $985,000 - $1,110,000

4 Beds
2.5 Baths
2,576 Sq Ft
$410/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $630,000 $245 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,735/month

170 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Sun or Florida Room
  • Oak Street Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of July 2020

Once-in-a-lifetime opportunity to own a very special period home-storybook setting overlooking pond & castle in the background, all within the village of Basking Ridge.1st time ever on the market! Classic center-hall colonial. Front vestibule w/palladian transom & WIC opens to foyer w/circular staircase, Gracious 52x15 bluestone screened porch overlooks rear grounds w/mature trees, shrubs & pond beyond. This home was part of a 1935 New Jersey Exhibition showcasing "the wonders of electricity" in the home. It was moved to Cherry Lane in 1949. Walk-up to 3rd floor attic - expansion potential too! Side screened porch 14x6. Garage w/staircase to loft storage. Cherry Lane, a highly sought after Basking Ridge location, is convenient to shops,restaurants,schools,library,houses of worship & public transportation.

Last Agent to Sell the Property

SUSAN FELTER

COLDWELL BANKER REALTY Listed on: 10/16/2019

Last Buyer's Agent

Timothy Walsh

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 1935

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • 2,576 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-01101-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,644

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 22
  • Directions: North Finley Avenue to Cherry Lane, on L, sign.
  • I D: 4938998
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Basking Ridge Center
  • First Name: SUSAN
  • First Name3: TIMOTHY
  • Last Name: FELTER
  • Last Name3: WALSH
  • Office Phone3: 908-658-9000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Rec Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: GameRoom, Outside Entrance, Rec Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 18x10
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 13x8
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 29x12
  • Other Room2 Level: Basement
  • Other Room 3: Game Room
  • Other Room3 Dim: 14x12
  • Other Room3 Level: Basement
  • Other Room 4: Screened Patio/Porch
  • Other Room4 Dim: 52x15
  • Other Room4 Level: First
  • Level 1 Rooms: Den, Dining Room, Entrance Vestibule, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, Powder Room, Screened, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2576
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Open Porch(es), Storage Shed, Thermal Windows/Doors
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Loft Storage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .81AC
  • Assessed Improvement Value: 313400
  • Assessed Land Value: 384300
  • Assessment: 697700
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.81
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 13644
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01101-0000-00005-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jun 2, 2020
Sold by
Lucas Lisa and Estate Of Charles A Barnard
Bought by
Centolanza Darin P and Dorward Jennifer M
Seller's Agent
SUSAN FELTER
COLDWELL BANKER REALTY
Buyer's Agent
Timothy Walsh
COLDWELL BANKER REALTY
List Price
$750,000
Sold Price
$630,000
Premium/Discount to List
-$120,000
-16%
Current Estimated Value
$1,056,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,530
Avg. Annual Appreciation
10.37%
Original Mortgage
$567,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1909
Sold by
Crane Susan
Bought by
Brownell Fred and Brownell Heather
Source: Public Records

Range of Values:

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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
Centolanza Darin P $630,000 New Jersey Land Title
Brownell Fred $5,049,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Centolanza Darin P $567,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $630,000 -3.1% $245 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/11/2020 03/11/20 Price Changed $650,000 -7.1% $252 / Sq Ft
02/04/2020 02/04/20 Price Changed $700,000 -6.7% $272 / Sq Ft
10/16/2019 10/16/19 For Sale $750,000 -- $291 / 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
2025 $13,593 $846,500 $441,200 $405,300
2024 $13,593 $764,100 $396,200 $367,900
2023 $13,108 $695,000 $396,200 $298,800
2022 $13,248 $658,800 $376,200 $282,600
2021 $13,287 $629,700 $376,200 $253,500
2020 $13,837 $660,800 $376,200 $284,600
2019 $14,191 $697,700 $384,300 $313,400
2018 $13,895 $693,000 $384,300 $308,700
2017 $13,664 $687,000 $379,300 $307,700
2016 $13,076 $670,200 $379,300 $290,900
2015 $12,488 $664,800 $369,300 $295,500
2014 $11,903 $628,400 $369,300 $259,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SUSAN FELTER

    COLDWELL BANKER REALTY

  • Timothy Walsh

    Buyer's Agent in 2020

    Timothy Walsh

    COLDWELL BANKER REALTY

    (908) 930-2537

    34 Total Sales

    Timothy Walsh
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3595253

Garden State MLS

APN: 02-01101-0000-00005

New Jersey Somerset County Basking Ridge 07920

22 Cherry Ln, Basking Ridge, NJ

This home is located at 22 Cherry Ln, Basking Ridge, NJ 07920 since 16 October 2019 and is currently estimated at $1,056,530, approximately $410 per square foot. This property was built in 1935. 22 Cherry Ln 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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