NOT LISTED FOR SALE

25 Fairbanks Ln Basking Ridge, NJ 07920

Estimated Value: $711,000 - $781,821

2 Beds
4 Baths
-- Sq Ft
1,612 Sq Ft Lot

Last Sold February 14, 2023

Last sale price $645,000

Est. 17% increase in value since last sale

Current estimated payment $5,107/month

16 Days on Market

About This Home

As of February 2023

This home is located at 25 Fairbanks Ln, Basking Ridge, NJ 07920 since 03 January 2023 and is currently estimated at $752,705. This property was built in 1984. 25 Fairbanks Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Anne Quinn

COLDWELL BANKER REALTY Brokerage Phone: 973-543-2552 Listed on: 01/03/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Ryan Bruen

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,074

Year Built

  • Built in 1984

Lot Details

  • 1,612

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,074

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • County Name: Somerset
  • Street Number Display: 25
  • I D: 5194999
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-543-2552
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 14, 2023
Sold by
Dilorenzo Kathy
Bought by
Galdieri John and Higgins Timothy
Seller's Agent
Anne Quinn
COLDWELL BANKER REALTY
Buyer's Agent
Ryan Bruen
COLDWELL BANKER REALTY
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Views
35
Current Estimated Value
$752,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,705
Avg. Annual Appreciation
6.29%
Original Mortgage
$220,000
Outstanding Balance
$213,750
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$538,955

Purchase Details

Listed on
Dec 4, 2015
Closed on
Apr 20, 2016
Sold by
Kerby Russell T and Kerby Elanor R
Bought by
Dilorenzo Kathy
Seller's Agent
PATRICIA PERTUSI
TURPIN REAL ESTATE, INC.
Buyer's Agent
Mitchell Ross
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Jones J William
Bought by
Kerby Eleanor
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
Galdieri John $645,000 Old Republic National Title
Dilorenzo Kathy $316,500 None Available
Kerby Eleanor $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galdieri John $105,677
Open Galdieri John $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $645,000 -0.8% --
01/19/2023 01/19/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $650,000 +13.0% --
04/20/2016 04/20/16 Sold $575,000 -1.7% --
02/23/2016 02/23/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $585,000 -- --
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
2024 $12,074 $678,700 $267,300 $411,400
2023 $12,627 $669,500 $267,300 $402,200
2022 $12,474 $620,300 $267,300 $353,000
2021 $12,761 $604,800 $247,500 $357,300
2020 $12,074 $576,600 $247,500 $329,100
2019 $11,344 $557,700 $247,500 $310,200
2018 $11,182 $557,700 $247,500 $310,200
2017 $10,854 $545,700 $247,500 $298,200
2016 $10,770 $552,000 $247,500 $304,500
2015 $10,572 $564,800 $247,500 $317,300
2014 $10,228 $541,800 $247,500 $294,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3822790

Garden State MLS

APN: 02-03502-0000-00013-0000-CONDO