NOT LISTED FOR SALE

305 Lake Rd Basking Ridge, NJ 07920

Estimated Value: $808,000 - $848,273

-- Bed
-- Bath
1,680 Sq Ft
$496/Sq Ft Est. Value

About This Home

This home is located at 305 Lake Rd, Basking Ridge, NJ 07920 and is currently estimated at $834,068, approximately $496 per square foot. 305 Lake Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 1994
Sold by
Smith Robert
Bought by
Schmitt Thomas and Schmitt Alicia
Current Estimated Value
$834,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schmitt Thomas $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmitt Thomas $200,000
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 $11,652 $730,400 $362,700 $367,700
2024 $11,652 $655,000 $335,700 $319,300
2023 $11,601 $615,100 $335,700 $279,400
2022 $11,682 $580,900 $335,700 $245,200
2021 $10,970 $519,900 $317,700 $202,200
2020 $10,441 $498,600 $324,900 $173,700
2019 $10,233 $503,100 $324,900 $178,200
2018 $9,816 $489,600 $315,900 $173,700
2017 $10,072 $506,400 $315,900 $190,500
2016 $10,100 $517,700 $324,900 $192,800
2015 $10,178 $531,200 $324,900 $206,300
2014 $10,124 $523,500 $324,900 $198,600
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

305 Lake Rd, Basking Ridge, NJ

Not Listed for Sale

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