241 Potomac Dr Unit 5 Basking Ridge, NJ 07920
Estimated payment $2,499/month
Highlights
- Hot Property
- Private Pool
- Deck
- Cedar Hill Elementary School Rated A
- Clubhouse
- Tennis Courts
About This Home
Beautifully maintained 1 bedroom, 1 bath first floor condo in sought after Spring Ridge. This condo is truly a gem featuring laminate flooring throughout, open concept living and dining area, kitchen with breakfast bar, newer appliances, new hot water heater (2023) and large storage closet for all of your needs. Enjoy the serene park like views from the oversized deck, perfect for unwinding after a long day. The complex features a clubhouse, inground pool, playground and tennis courts. Conveniently located near major transportation, schools, shopping, restaurants and more! Schedule your tour today!
Listing Agent
GABRIELLE QUARTELLO
BHHS FOX & ROACH Brokerage Phone: 908-917-8956 Listed on: 09/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,566
Year Built
- Built in 1994
HOA Fees
- $381 Monthly HOA Fees
Home Design
- Vinyl Siding
- Tile
Interior Spaces
- 1-Story Property
- Blinds
- Entrance Foyer
- Family or Dining Combination
- Storage Room
- Laundry Room
- Laminate Flooring
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- 1 Parking Space
- Additional Parking
- Assigned Parking
Outdoor Features
- Private Pool
- Deck
Schools
- Cedar Hill Middle School
- Ridge High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-08701-0000-00266-0000-CONDO
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Jogging Path
Pet Policy
- Limit on the number of pets
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,567 | $274,900 | $140,000 | $134,900 |
2024 | $4,567 | $256,700 | $127,700 | $129,000 |
2023 | $4,244 | $225,000 | $127,700 | $97,300 |
2022 | $4,472 | $222,400 | $123,600 | $98,800 |
2021 | $4,330 | $205,200 | $123,600 | $81,600 |
2020 | $4,052 | $193,500 | $118,500 | $75,000 |
2019 | $3,926 | $193,000 | $128,800 | $64,200 |
2018 | $3,854 | $192,200 | $123,000 | $69,200 |
2017 | $3,976 | $199,900 | $123,000 | $76,900 |
2016 | $3,623 | $185,700 | $123,000 | $62,700 |
2015 | $3,539 | $184,700 | $120,000 | $64,700 |
2014 | $3,572 | $184,700 | $120,000 | $64,700 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/22/2025 09/22/25 | For Sale | $329,000 | +21.9% | -- |
02/08/2023 02/08/23 | Sold | $270,000 | +10.2% | -- |
01/18/2023 01/18/23 | Pending | -- | -- | -- |
01/06/2023 01/06/23 | For Sale | $245,000 | +10.4% | -- |
09/28/2020 09/28/20 | Sold | $222,000 | +1.4% | $285 / Sq Ft |
08/11/2020 08/11/20 | Pending | -- | -- | -- |
07/27/2020 07/27/20 | For Sale | $219,000 | +1.9% | $281 / Sq Ft |
10/31/2018 10/31/18 | Sold | $215,000 | 0.0% | -- |
09/18/2018 09/18/18 | Pending | -- | -- | -- |
09/05/2018 09/05/18 | For Sale | $215,000 | +11.4% | -- |
09/03/2013 09/03/13 | Sold | $193,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | $270,000 | -- | |
Deed | $222,000 | Closing Partner Llc | |
Deed | $222,000 | None Listed On Document | |
Deed | $215,000 | None Available | |
Bargain Sale Deed | $193,000 | None Available | |
Deed | $221,800 | Commonwealth Land Title Insu | |
Deed | $145,000 | -- | |
Deed | $93,647 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $243,000 | New Conventional | |
Previous Owner | $172,000 | New Conventional | |
Previous Owner | $204,250 | New Conventional | |
Previous Owner | $110,000 | New Conventional | |
Previous Owner | $199,620 | Purchase Money Mortgage | |
Previous Owner | $116,000 | No Value Available | |
Previous Owner | $89,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3988366

APN: 02-08701-0000-00266-0000-CONDO
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