$1,650,000
SOLD OCT 15, 2021

25 E Craig St Basking Ridge, NJ 07920

5 Beds
5 Baths
1,586 Sq Ft
0.93 Acres

Recently Sold

$1,040 Per Sq Ft

10% Above List Price

6 Days on Market

About This Home

As of October 2021

This home is located at 25 E Craig St, Basking Ridge, NJ 07920 and is currently priced at $1,650,000, approximately $1,040 per square foot. This property was built in 2021. 25 E Craig St is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Kelly Peterpaul

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 08/10/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

MARC A. PAOLELLA

C-21 CHRISTEL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,546

Year Built

  • Built in 2021

Lot Details

  • 0.93 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,546

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Year Built: 2021
  • County Name: Somerset
  • Street Number Display: 25
  • I D: 5080283
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.93AC
  • Total Acres: 0.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 12, 2021
Sold by
301 Garrett Llc
Bought by
Mahajan Nakul and Mahajan Jessica
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
MARC A. PAOLELLA
C-21 CHRISTEL REALTY
List Price
$1,499,000
Sold Price
$1,650,000
Premium/Discount to List
$151,000
10.07%
Current Estimated Value
$2,073,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,605
Original Mortgage
$1,402,500
Outstanding Balance
$1,292,745
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 9, 2020
Sold by
A Sposato Realty Co Inc
Bought by
301 Garrett Llc
Seller's Agent
WILLIAM CAREY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.82%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2009
Sold by
A Sposato Realty Co Inc
Bought by
A Sposato Realty Co Inc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Ridge Custom Homes Llc
Bought by
A Sposato Realty Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,500
Interest Rate
6.54%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,650,000 Noble Title Agency Inc
Deed $450,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,402,500 New Conventional
Previous Owner $400,000 Construction
Previous Owner $215,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,650,000 +10.1% $1,040 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,499,000 +233.1% $945 / Sq Ft
09/10/2020 09/10/20 Sold $450,000 0.0% $284 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $450,000 -- $284 / 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
2024 $29,546 $1,660,800 $387,900 $1,272,900
2023 $29,955 $1,588,300 $387,900 $1,200,400
2022 $31,890 $1,585,800 $377,900 $1,207,900
2021 $8,185 $387,900 $367,900 $20,000
2020 $10,908 $520,900 $367,900 $153,000
2019 $10,831 $532,500 $377,200 $155,300
2018 $10,899 $543,600 $382,200 $161,400
2017 $10,613 $533,600 $372,200 $161,400
2016 $10,352 $530,600 $372,200 $158,400
2015 $10,084 $526,300 $372,200 $154,100
2014 $10,034 $518,800 $367,200 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3733471

Garden State MLS

APN: 02-01608-0000-00010-01