NOT LISTED FOR SALE

28 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $435,237 - $466,000

2 Beds
2 Baths
-- Sq Ft
$399/mo HOA Fee

Last Sold August 05, 2021

Last sale price $295,000

Est. 52% increase in value since last sale

Current estimated payment $3,310/month

28 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • 1 Fireplace
  • Cedar Hill Elementary School Rated A
  • Deck
  • Community Pool

About This Home

As of August 2021

Updated 2nd Floor Essex (A) model. Well maintained unit with 1 car garage and full storage area. Step into this bright and sunny unit. The kitchen was updated with tile backsplash, granite counter, new flooring and refinished cabinets. The master bathroom has been renovated with tile floor, shower and granite countertop. The furnace and air-conditioning were replaced in 2018, new glass slider in 2018. The washer, dryer, stove, dishwasher and refrigerator were all replaced 8 years ago. Custom verticals in bedrooms and living room were added. This beautiful unit is ready for you to move into.

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 06/04/2021

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

JIA MI

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 1987

Lot Details

  • 479

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00028-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,360

Year Built

Built in 1987

Lot Details

0

HOA Fees

$399 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2018
  • Street Number Display: 28
  • Directions: Spring Valley Boulevard to Commonwealth
  • I D: 5076039
  • Modified: 2022-08-06
  • Number Images: 14
  • Section Subdiv Development: Spring Ridge
  • First Name: ROXANNE
  • First Name3: JIA
  • Last Name: FORMISANO
  • Last Name3: MI
  • Office Phone: 908-766-0085
  • Office Phone3: 908-273-2991
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2018

Interior Features

  • Flooring: Carpeting
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x11
  • Kitchen Level: Second
  • Living Room Dim: 12x23
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned, Detached Garage, Garage Parking
  • Number Garage Spaces: 1
  • Parking Driveway Description: Blacktop, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Playground, Pool-Outdoor
  • Association Maintenance Fee: 399
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Assessed Improvement Value: 141000
  • Assessed Land Value: 115000
  • Assessment: 256000
  • Easement: Unknown
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5360
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00028-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 2, 2021
Sold by
Ronco John and Ronco Lucille
Bought by
Guo Peng and Jia Mi
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
JIA MI
KELLER WILLIAMS REALTY
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$449,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,809
Avg. Annual Appreciation
10.67%
Original Mortgage
$236,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Reino Dolores
Bought by
Ronco Lucille
Source: Public Records

Range of Values:

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Average Value
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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
Guo Peng $295,000 Realsafe Title Llc
Guo Peng $295,000 Tufo Linda
Ronco Lucille $215,000 --
Ronco Lucille $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guo Peng $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $295,000 0.0% --
07/02/2021 07/02/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $295,000 -- --
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
2025 $6,326 $405,200 $140,000 $265,200
2024 $6,326 $355,600 $124,000 $231,600
2023 $5,994 $317,800 $124,000 $193,800
2022 $5,725 $284,700 $120,000 $164,700
2021 $5,619 $266,300 $120,000 $146,300
2020 $5,361 $256,000 $115,000 $141,000
2019 $5,299 $260,500 $125,000 $135,500
2018 $5,321 $265,400 $123,000 $142,400
2017 $5,299 $266,400 $123,000 $143,400
2016 $5,162 $264,600 $123,000 $141,600
2015 $5,043 $263,200 $120,000 $143,200
2014 $4,872 $251,900 $120,000 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3717793

Garden State MLS

APN: 02-08603-0000-00028-0000-CONDO