NOT LISTED FOR SALE

2403 Privet Way Basking Ridge, NJ 07920

Estimated Value: $410,000 - $447,732

1 Bed
2 Baths
-- Sq Ft
653 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $408,000

Est. 5% increase in value since last sale

Current estimated payment $2,860/month

12 Days on Market

About This Home

As of October 2024

This home is located at 2403 Privet Way, Basking Ridge, NJ 07920 since 14 August 2024 and is currently estimated at $428,183. 2403 Privet Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Christopher Stiles

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 08/14/2024

EXP REALTY, LLC

Last Buyer's Agent

Pamela Tishman

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,977

Lot Details

  • 653

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,977

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 2403
  • I D: 5306807
  • Modified: 2024-10-07
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 2, 2024
Sold by
Fama Michael and Fama Christine
Bought by
Nishii Rina
Seller's Agent
Christopher Stiles
EXP REALTY, LLC
Buyer's Agent
Pamela Tishman
COLDWELL BANKER REALTY
List Price
$399,000
Sold Price
$408,000
Premium/Discount to List
$9,000
2.26%
Views
23
Current Estimated Value
$428,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,183
Avg. Annual Appreciation
4.95%
Original Mortgage
$306,000
Outstanding Balance
$302,849
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$125,334

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 14, 2020
Sold by
Shah Ambarish U and Shah Sapna A
Bought by
Fama Michael
Seller's Agent
THOMAS GOODRICH
WEICHERT REALTORS
Buyer's Agent
Christopher Stiles
EXP REALTY, LLC
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$295,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Shah Ambarish U and Shah Sapna A
Bought by
Fama Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 7, 2018
Sold by
Berkley Nadia and Berkley Robert F
Bought by
Shah Ambarish U and Shah Sapna A
Seller's Agent
MARLENE BUCCAFUSCO
RE/MAX PREMIER
Buyer's Agent
Chris Niedzielski
COLDWELL BANKER REALTY
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Interest Rate
4.22%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Bumb Ronald
Bought by
Berkley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.24%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Sachdev Rahul
Bought by
Bumb Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Nishii Rina $408,000 Hilltop Title
Nishii Rina $408,000 Hilltop Title
Fama Michael $315,000 None Listed On Document
Fama Michael $315,000 None Available
Shah Ambarish U $299,000 --
Berkley Robert $315,000 --
Bumb Ronald $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nishii Rina $306,000
Closed Nishii Rina $306,000
Previous Owner Fama Michael $295,000
Previous Owner Fama Michael $295,000
Previous Owner Shah Ambarish U --
Previous Owner Berkley Robert $299,250
Previous Owner Bumb Ronald $110,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $408,000 +2.3% --
08/29/2024 08/29/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $399,000 +26.7% --
08/31/2020 08/31/20 Sold $315,000 -4.3% -- View Prior Sale
07/30/2020 07/30/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $329,000 +10.0% --
02/02/2018 02/02/18 Sold $299,000 -3.5% -- View Prior Sale
12/22/2017 12/22/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $310,000 -- --
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 $6,977 $411,600 $140,000 $271,600
2024 $6,977 $392,200 $140,000 $252,200
2023 $6,160 $326,600 $140,000 $186,600
2022 $6,274 $312,000 $140,000 $172,000
2021 $6,252 $296,300 $140,000 $156,300
2020 $6,194 $295,800 $140,000 $155,800
2019 $5,994 $294,700 $140,000 $154,700
2018 $5,718 $285,200 $140,000 $145,200
2017 $5,221 $262,500 $140,000 $122,500
2016 $5,176 $265,300 $140,000 $125,300
2015 $4,920 $256,800 $135,000 $121,800
2014 $4,645 $240,200 $135,000 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3918812

Garden State MLS

APN: 02-09001-0000-00024-04-CONDO