$395,000
SOLD AUG 22, 2025

2502 Privet Way Basking Ridge, NJ 07920

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

Recently Sold

4% Below List Price

70 Days on Market

About This Home

As of August 2025

This home is located at 2502 Privet Way, Basking Ridge, NJ 07920 and is currently priced at $395,000. This property was built in 1992. 2502 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

Darlene Schror

REDFIN CORPORATION Brokerage Phone: 609-216-7035 Listed on: 05/15/2025

REDFIN CORPORATION

Last Buyer's Agent

THOMAS GOODRICH

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1992

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,803

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Somerset
  • I D: 5357052
  • Attribution Contact: 609-216-7035
  • 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
May 15, 2025
Closed on
Aug 22, 2025
Sold by
Tang Daniel and Tang Christine
Bought by
Ryan Hayley
Seller's Agent
Darlene Schror
REDFIN CORPORATION
Buyer's Agent
THOMAS GOODRICH
WEICHERT REALTORS
List Price
$409,900
Sold Price
$395,000
Premium/Discount to List
-$14,900
-3.64%
Views
133
Current Estimated Value
$416,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,472
Avg. Annual Appreciation
23.58%
Original Mortgage
$316,000
Outstanding Balance
$315,728
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$100,744

Purchase Details

Listed on
Feb 28, 2014
Closed on
Feb 27, 2014
Sold by
Kazar Mary Ellen
Bought by
Tang Daniel and Tang Christine
Seller's Agent
JANET BOLANTE
WEICHERT REALTORS
Buyer's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$188,200
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1998
Sold by
Anthony Dorothy
Bought by
Conover Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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

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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 Type Sale Price Title Company
Deed $395,000 Fidelity National Title
Deed $395,000 Fidelity National Title
Deed $255,000 None Available
Deed $140,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Closed $316,000 New Conventional
Previous Owner $188,200 New Conventional
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold $395,000 -1.2% --
07/24/2025 07/24/25 Pending -- -- --
07/10/2025 07/10/25 Price Changed $399,900 -2.4% --
05/15/2025 05/15/25 For Sale $409,900 +60.7% --
02/28/2014 02/28/14 Sold $255,000 -- -- View Prior Sale
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 $6,803 $418,200 $140,000 $278,200
2024 $6,803 $382,400 $140,000 $242,400
2023 $5,954 $315,700 $140,000 $175,700
2022 $6,071 $301,900 $140,000 $161,900
2021 $6,062 $287,300 $140,000 $147,300
2020 $6,004 $286,700 $140,000 $146,700
2019 $5,825 $286,400 $140,000 $146,400
2018 $5,355 $267,100 $140,000 $127,100
2017 $5,374 $270,200 $140,000 $130,200
2016 $5,299 $271,600 $140,000 $131,600
2015 $5,037 $262,900 $135,000 $127,900
2014 $4,622 $239,000 $135,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2025

    THOMAS GOODRICH

    WEICHERT REALTORS

  • J

    Seller's Agent in 2014

    JANET BOLANTE

    WEICHERT REALTORS

  • S

    Buyer's Agent in 2014

    SUSAN FAZIO

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3963338

Garden State MLS

APN: 02-09001-0000-00025-05-CONDO

New Jersey Somerset County Basking Ridge 07920

2502 Privet Way, Basking Ridge, NJ

Sold

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