NOT LISTED FOR SALE

22 Cherry Ln Basking Ridge, NJ 07920

Estimated Value: $977,000 - $1,050,476

4 Beds
2.5 Baths
2,576 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 02, 2020

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

Est. 61% increase in value since last sale

Current estimated payment $6,373/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 Attached 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-

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
  • Directions: North Finley Avenue to Cherry Lane, on L, sign.
  • I D: 4938998
  • 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
  • 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

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .81AC
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • 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 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
$1,012,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,119
Avg. Annual Appreciation
8.92%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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 $13,108 $764,100 $396,200 $367,900
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

    25 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

Not Listed for Sale

Detached

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