NOT LISTED FOR SALE

31 Franklin Dr Basking Ridge, NJ 07920

Estimated Value: $1,107,000 - $1,174,000

4 Beds
2.5 Baths
2,784 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $839,000 $301 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,643/month

20 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Deck
  • Oak Street Elementary School Rated A
  • Conservatory Room
  • Wooded Lot

About This Home

As of September 2021

Poolside in Basking Ridge! Nestled on 1.34 private acres and located on a cul-de-sac, this tastefully updated colonial features a gourmet Superior Custom Kitchen complete with Brazilian granite countertops, stainless appliances and radiant heat floors. The open floor plan is perfect for entertaining. Socialize with guests without leaving the luxurious kitchen, whether they are relaxing in the sunny conservatory or mingling in the sunken family room. French doors lead to a backyard oasis where guests can lounge on the spacious Trex deck and swim in the glorious in-ground pool. At the end of a long day, luxuriate in your indoor therapy tub. Whole house Generac generator, new furnace '17, new A/C units with iWave ionization air filters, new front walkway, porch and piers are an added bonus. Hot tub as-is.

Last Listed By

Kristina Ridente

BHHS FOX & ROACH Listed on: 06/23/2021

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,692

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 1.34 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Conservatory Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • French Drain

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2702-00704-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,692

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1971
  • Year Built Description: Renovated
  • County Name: Somerset
  • Easements Description: Sewer
  • Renovated Year: 2007
  • Street Number Display: 31
  • Directions: Madisonville to Lone Oak Rd, Rt on Parkview to Left on Franklin. House on Rt in cul-de-sac.
  • I D: 5083189
  • Modified: 2022-09-03
  • Number Images: 16
  • Section Subdiv Development: Parkview Estates
  • First Name: KRISTINA
  • First Name3: CARLO
  • Last Name: RIDENTE
  • Last Name3: FLORES
  • Office Phone: 908-753-4450
  • Office Phone3: 908-233-8502
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Insert, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWElec, Washer, Water Softener-Own
  • Interior Amenities: Carbon Monoxide Detector, Security System, Smoke Detector, StallShw, Whirlpool
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Unfinished
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 22x13
  • Kitchen Level: First
  • Living Room Dim: 23x13
  • Living Room Level: First
  • Other Room 1: Conservatory
  • Other Room1 Dim: 23x14
  • Other Room1 Level: First
  • Level 1 Rooms: Conservatory, Dining Room, Family Room, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-753-4450

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Curbs, Deck, Patio, Privacy Fence, Storage Shed, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Gunite, In-Ground Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: From Furnace, Gas

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: 1.34AC
  • Assessed Improvement Value: 371700
  • Assessed Land Value: 353800
  • Assessment: 725500
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Level Lot, Wooded Lot
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.34
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14692
  • Assessor Parcel Number: 2702-00704-0000-00010-0000-
  • 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
Jun 23, 2021
Closed on
Aug 26, 2021
Sold by
Moro Michael and Moro Alice M
Bought by
Silas Tanya and Rao Vijay Prasanna
Seller's Agent
Kristina Ridente
BHHS FOX & ROACH
Buyer's Agent
Carlo Flores
KELLER WILLIAMS REALTY
List Price
$839,000
Sold Price
$839,000
Total Days on Market
20
Current Estimated Value
$1,140,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,085
Avg. Annual Appreciation
9.48%
Original Mortgage
$439,000
Outstanding Balance
$403,247
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$769,791

Purchase Details

Closed on
Jul 9, 2012
Sold by
Moro Michael and Moro Alice M
Bought by
Moro Michael and Moro Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,175
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1994
Sold by
Rader John
Bought by
Moro Michael and Moro Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.9%

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
Silas Tanya $839,000 Cortes & Hay Title Agcy Inc
Moro Michael -- None Available
Moro Michael $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silas Tanya $439,000
Previous Owner Moro Michael $161,175
Previous Owner Moro Ali $150,000
Previous Owner Moro Michael $150,000
Previous Owner Moro Michael $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $839,000 0.0% $301 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $839,000 -- $301 / 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 $15,867 $891,900 $363,800 $528,100
2023 $15,248 $808,500 $363,800 $444,700
2022 $15,849 $788,100 $363,800 $424,300
2021 $15,308 $725,500 $353,800 $371,700
2020 $0 $707,500 $363,100 $344,400
2019 $0 $693,000 $363,100 $329,900
2018 $0 $695,500 $375,200 $320,300
2017 $0 $692,300 $370,200 $322,100
2016 $0 $689,200 $370,200 $319,000
2015 -- $729,100 $370,200 $358,900
2014 -- $611,900 $353,200 $258,700
Source: Public Records

Agents Affiliated with this Home

  • Kristina Ridente

    Seller's Agent in 2021

    Kristina Ridente

    BHHS FOX & ROACH

    (732) 433-3689

    60 Total Sales

    Kristina Ridente
    Section Image
  • Carlo Flores

    Buyer's Agent in 2021

    Carlo Flores

    KELLER WILLIAMS REALTY

    (908) 294-1421

    141 Total Sales

    Carlo Flores
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3722643

Garden State MLS

APN: 02-00704-0000-00010

New Jersey Somerset County Basking Ridge 07920

31 Franklin Dr, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 31 Franklin Dr, Basking Ridge, NJ 07920 since 23 June 2021 and is currently estimated at $1,140,085, approximately $409 per square foot. This property was built in 1971. 31 Franklin Dr is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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