27 Potomac Dr Basking Ridge, NJ 07920
Estimated payment $3,110/month
Highlights
- Private Pool
- Clubhouse
- Wood Flooring
- Cedar Hill Elementary School Rated A
- Deck
- Tennis Courts
About This Home
Welcome to this beautifully maintained 2-bedroom, 1-bath condo in the desirable Spring Ridge community, Drexel II-Madison Village. The updated kitchen is equipped with stainless steel appliances, granite countertops, garbage disposal, a tiled backsplash, and crown moldings, offering both functionality and a polished look. The open living and dining area is enhanced by recessed lighting, hardwood floors, and custom shutters, creating a warm and inviting space. Sliding glass doors lead to a private deck, perfect for relaxing or entertaining. The spacious primary bedroom features a walk-in closet, while the full bathroom includes a double-sink vanity and stylish tiled finishes. Additional features include a side-by-side washer and dryer with custom cabinetry, large basement storage (24x19), and assigned parking for added convenience. Residents of Spring Ridge enjoy excellent community amenities, including a pool, tennis courts, clubhouse, playground, and scenic walking paths throughout the neighborhood. It is also investor-friendly with no rental restrictions, making it a great opportunity for both homeowners and investors. Ideally located near major commuter routes, shopping, dining, and local parks, this home offers both comfort and convenience. Don't Miss This One!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,034
Year Built
- Built in 1994
HOA Fees
- $424 Monthly HOA Fees
Home Design
- Composition Shingle Roof
- Vinyl Siding
- Tile
Interior Spaces
- 1-Story Property
- Blinds
- Entrance Foyer
- Family or Dining Combination
- Storage Room
- Wood Flooring
- Unfinished Basement
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Additional Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Private Pool
- Deck
Schools
- Cedar Hill Elementary School
- W Annin Middle School
- Ridge High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-08701-0000-00010-0000-CONDO
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Pet Policy
- Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | Pending | -- | -- | -- |
| 03/10/2026 03/10/26 | For Sale | $414,998 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $151,000 | -- | |
| Deed | $112,646 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,800 | No Value Available | |
| Previous Owner | $80,000 | No Value Available |
Source: Garden State MLS
MLS Number: 4013501
APN: 02-08701-0000-00010-0000-CONDO
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Ask me questions while you tour the home.