$695,000
SOLD MAR 31, 2025

3 Fairbanks Ln Unit 2 Basking Ridge, NJ 07920

2 Beds
3 Baths
2,076 Sq Ft
1,263 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

52 Days on Market

About This Home

As of March 2025

This home is located at 3 Fairbanks Ln Unit 2, Basking Ridge, NJ 07920 and is currently priced at $695,000, approximately $334 per square foot. 3 Fairbanks Ln Unit 2 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

Carolyn Fahey

FAHEY REALTORS Brokerage Phone: 908-204-0600 Listed on: 11/21/2024

Co-Listed By

STEINAR KNUTSEN

FAHEY REALTORS Brokerage Phone: 908-204-0600

Last Buyer's Agent

Dia Mulani

REDFIN CORPORATION

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,822

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,822

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 3
  • I D: 5325500
  • Modified: 2025-04-02
  • Number Images: 1
  • Attribution Contact: 908-204-0600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 7, 2025
Sold by
Diblasi Nancy A
Bought by
Prasad Nithin Maruthi and Kadali Sravani
Seller's Agent
Carolyn Fahey
FAHEY REALTORS
Buyer's Agent
Dia Mulani
REDFIN CORPORATION
List Price
$695,000
Sold Price
$695,000
Views
69
Current Estimated Value
$702,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,925
Avg. Annual Appreciation
2.25%
Original Mortgage
$660,250
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Schaefer Frederick W
Bought by
Diblasi Nancy A

Purchase Details

Closed on
Apr 27, 2006
Sold by
Prudential Relocation Inc
Bought by
Schaefer Frederick W and Hamilton Dorothy L

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bruch Ruth E
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Nov 15, 2002
Sold by
Meyers Lynn
Bought by
Bruch Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,600
Interest Rate
6.11%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Gardner Lewis
Bought by
Comerford Joan

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
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bargain Sale Deed $695,000 None Listed On Document
Bargain Sale Deed $695,000 None Listed On Document
Deed $465,000 Stewart Title Guaranty Co
Deed $602,000 --
Deed $602,000 --
Deed $456,000 --
Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $660,250 New Conventional
Previous Owner $364,600 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $695,000 0.0% $335 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
11/23/2024 11/23/24 For Sale $695,000 -- $335 / Sq Ft
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 $9,822 $586,300 $218,700 $367,600
2024 $9,822 $552,100 $218,700 $333,400
2023 $10,271 $544,600 $218,700 $325,900
2022 $9,661 $480,400 $218,700 $261,700
2021 $9,014 $457,800 $202,500 $255,300
2020 $9,253 $441,900 $202,500 $239,400
2019 $8,917 $438,400 $202,500 $235,900
2018 $8,565 $427,200 $191,300 $235,900
2017 $8,328 $418,700 $191,300 $227,400
2016 $8,460 $433,600 $191,300 $242,300
2015 $8,386 $437,700 $191,300 $246,400
2014 $8,475 $438,200 $191,300 $246,900
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Fahey

    Seller's Agent in 2025

    Carolyn Fahey

    FAHEY REALTORS

    (908) 581-2591

    15 in this area

    108 Total Sales

    Carolyn Fahey
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    STEINAR KNUTSEN

    FAHEY REALTORS

  • D

    Buyer's Agent in 2025

    Dia Mulani

    REDFIN CORPORATION

    Dia Mulani
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3935465

Garden State MLS

APN: 02-03502-0000-00002-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

3 Fairbanks Ln Unit 2, Basking Ridge, NJ

This home is located at 3 Fairbanks Ln Unit 2, Basking Ridge, NJ 07920 and is currently priced at $695,000, approximately $334 per square foot. 3 Fairbanks Ln Unit 2 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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