NOT LISTED FOR SALE

31 Berkeley Cir Basking Ridge, NJ 07920

Estimated Value: $1,253,759 - $1,411,000

4 Beds
2.5 Baths
3,340 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $979,000 $293 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,890/month

55 Days on Market

Highlights

  • Barn or Stable
  • Colonial Architecture
  • Family Room with Fireplace
  • Oak Street Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of January 2022

NATURAL GAS CONVERSION COMPLETED 8/21 incl NEW furnace, AC and HWH. No major system maint. for years to come! Bright newly updated cathedral ceiling FR and study. The double-sided stone f/p can be enjoyed in both rooms. The study features granite wet bar with room for cuvee. An oversized breakfast room provides added living space & overlooks a tranquil, level backyard, room for a pool too! Kitch includ. light cabinetry, gran. counter tops, SS chef grade range, new frig and d/w. The master suite includ 2 walk-in closets, granite top vanity & dressing area all behind a double French door entry. Freestanding soaking tub & heated flooring in the master bath complete the suite. You won't mind spending time in the well appointed first floor laundry room either. Detached 2 level barn provides multiple uses!

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 09/07/2021

Last Buyer's Agent

Janine Rose

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,480

Year Built

  • Built in 1978

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac
  • Open Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Clapboard
  • Tile

Interior Spaces

  • 3,340 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Garage Access
  • Attic

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 2702-02101-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,480

Year Built

Built in 1978

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1978
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Wine refrigerator. Included freezer in basement, refrigerator in garage
  • Renovated Year: 2010
  • Street Number Display: 31
  • Directions: Mount Airy Rd to Berkeley Circle. Turn right onto Circle to #31 on right.
  • I D: 5100691
  • Modified: 2023-01-15
  • Number Images: 34
  • First Name: CATHERINE
  • First Name3: JANINE
  • Last Name: FRATES
  • Last Name3: ROSE
  • Office Phone: 908-580-5000
  • Office Phone3: 908-753-4450
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Great Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Bar-Wet, Beam Ceilings, Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Pantry, Separate Dining Area
  • Kitchen Dim: 17x13
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 20x17
  • Other Room1 Level: First
  • Other Room 2: MudRoom
  • Other Room2 Dim: 11x7
  • Other Room2 Level: First
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Family Room, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3340
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Barn/Stable, Curbs, Deck, Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Loft Storage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Association Maintenance Fee: 50
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .77AC
  • Assessed Improvement Value: 463600
  • Assessed Land Value: 400400
  • Assessment: 864000
  • Easement: Unknown
  • Lot Description: Cul-De-Sac, Open Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.77

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17480
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-02101-0000-00004-0000-
  • 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: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 20, 2022
Sold by
Hoffman Margaret and Hoffman Ralph B
Bought by
Martin Jeremy and Martin Michele
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
Janine Rose
BHHS FOX & ROACH
List Price
$999,999
Sold Price
$979,000
Premium/Discount to List
-$20,999
-2.1%
Total Days on Market
55
Current Estimated Value
$1,313,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,940
Avg. Annual Appreciation
9.58%
Original Mortgage
$783,200
Outstanding Balance
$739,634
Interest Rate
3.56%
Estimated Equity
$595,193

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 11, 2022
Sold by
Hoffman Ralph B and Hoffman Margaret
Bought by
Martin Jeremy and Martin Michele
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
Janine Rose
BHHS FOX & ROACH
List Price
$999,999
Sold Price
$979,000
Premium/Discount to List
-$20,999
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Outstanding Balance
$739,634
Interest Rate
3.56%
Estimated Equity
$595,193

Purchase Details

Closed on
Mar 30, 2004
Sold by
Steinman Russell L
Bought by
Hoffman Ralph B and Hoffman Margaret
Source: Public Records

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Range of Values:

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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
Martin Jeremy $979,000 Associates Title
Hoffman Ralph B $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeremy $783,200
Previous Owner Hoffman Ralph B $512,000
Previous Owner Hoffman Ralph B $527,000
Previous Owner Hoffman Ralph B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $979,000 0.0% $293 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $979,000 -2.1% $293 / Sq Ft
09/10/2021 09/10/21 For Sale $999,999 -- $299 / 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
2024 $18,117 $1,018,400 $410,400 $608,000
2023 $18,296 $970,100 $410,400 $559,700
2022 $19,265 $958,000 $410,400 $547,600
2021 $18,230 $864,000 $400,400 $463,600
2020 $17,481 $834,800 $390,400 $444,400
2019 $17,248 $848,000 $398,100 $449,900
2018 $17,893 $892,400 $398,100 $494,300
2017 $18,100 $910,000 $388,100 $521,900
2016 $17,863 $915,600 $398,100 $517,500
2015 $18,169 $948,300 $400,800 $547,500
2014 $18,230 $942,600 $400,800 $541,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3738874

Garden State MLS

APN: 02-02101-0000-00004