NOT LISTED FOR SALE

31 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $377,000 - $415,000

-- Bed
-- Bath
1,000 Sq Ft
$396/Sq Ft Est. Value

About This Home

This home is located at 31 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently estimated at $396,007, approximately $396 per square foot. 31 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Madsen Phyllis
Bought by
Gambony Martin
Current Estimated Value
$396,007

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
Outstanding Balance
$196,558
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$199,449
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
Gambony Martin $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambony Martin $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 $5,492 $342,800 $140,000 $202,800
2024 $5,492 $308,700 $124,000 $184,700
2023 $5,335 $282,900 $124,000 $158,900
2022 $5,096 $253,400 $120,000 $133,400
2021 $4,702 $234,700 $120,000 $114,700
2020 $4,737 $226,200 $115,000 $111,200
2019 $4,574 $224,900 $125,000 $99,900
2018 $4,523 $225,600 $123,000 $102,600
2017 $4,433 $222,900 $123,000 $99,900
2016 $4,323 $221,600 $123,000 $98,600
2015 $4,059 $224,900 $120,000 $104,900
2014 $4,001 $219,800 $120,000 $99,800
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

31 Commonwealth Dr, Basking Ridge, NJ

Not Listed for Sale

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