NOT LISTED FOR SALE

242 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $337,000 - $367,000

Studio
-- Bath
750 Sq Ft
$470/Sq Ft Est. Value

About This Home

This home is located at 242 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $352,339, approximately $469 per square foot. 242 Potomac Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by
Current Estimated Value
$352,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$57,900
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,439

Purchase Details

Closed on
Jun 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.79%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
7.13%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
6.82%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
6.64%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 Fidelity Natl Title Ins Co
$285,501 --
$174,900 --
$169,500 --
$116,000 --
$99,317 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $90,000
Previous Owner $228,000
Previous Owner $139,900
Previous Owner $152,500
Previous Owner $112,100
Previous Owner $96,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,127 $310,100 $140,000 $170,100
2024 $5,127 $288,200 $127,700 $160,500
2023 $4,726 $250,600 $127,700 $122,900
2022 $4,629 $230,200 $123,600 $106,600
2021 $4,604 $218,200 $123,600 $94,600
2020 $4,406 $210,400 $118,500 $91,900
2019 $4,208 $206,900 $128,800 $78,100
2018 $4,004 $199,700 $123,000 $76,700
2017 $3,998 $201,000 $123,000 $78,000
2016 $3,652 $187,200 $123,000 $64,200
2015 $3,566 $186,100 $120,000 $66,100
2014 $3,599 $186,100 $120,000 $66,100
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

242 Potomac Dr, Basking Ridge, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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