NOT LISTED FOR SALE

27 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $402,000 - $440,000

-- Bed
-- Bath
1,000 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 27 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $416,275, approximately $416 per square foot. 27 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

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2005
Sold by
Hofmann Richard and Hofmann Vera
Bought by
Hofmann Richard and Hofmann Vera
Current Estimated Value
$416,275

Purchase Details

Closed on
May 18, 1999
Sold by
Dughi Alda
Bought by
Hofmann Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Outstanding Balance
$30,799
Interest Rate
6.88%
Estimated Equity
$385,476

Purchase Details

Closed on
Feb 25, 1994
Sold by
Hovnanian K
Bought by
Dughi Alda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Hofmann Richard -- None Available
Hofmann Richard $151,000 --
Dughi Alda $112,646 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Richard $120,800
Previous Owner Dughi Alda $80,000
Source: Public Records

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 $5,828 $357,500 $140,000 $217,500
2024 $5,828 $327,600 $124,000 $203,600
2023 $5,756 $305,200 $124,000 $181,200
2022 $5,466 $271,800 $120,000 $151,800
2021 $5,368 $254,400 $120,000 $134,400
2020 $5,116 $244,300 $115,000 $129,300
2019 $5,030 $247,300 $125,000 $122,300
2018 $4,876 $243,200 $123,000 $120,200
2017 $4,788 $240,700 $123,000 $117,700
2016 $4,374 $224,200 $123,000 $101,200
2015 $4,340 $226,500 $120,000 $106,500
2014 $4,301 $222,400 $120,000 $102,400
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

27 Potomac Dr, Basking Ridge, NJ

This home is located at 27 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $416,275, approximately $416 per square foot. 27 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.

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