NOT LISTED FOR SALE

313 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $396,000 - $436,935

2 Beds
2 Baths
-- Sq Ft
566 Sq Ft Lot Lot

Sale Details

Date Sold: June 24, 2022

Last sale price $305,000

Est. 39% increase in value since last sale

Current estimated payment $3,103 / mo

18 Days on Market

Highlights

  • Private Pool
  • 1 Car Detached Garage
  • Laundry Room
  • Cedar Hill Elementary School Rated A
  • Living Room
  • Entrance Foyer

About This Home

As of June 2022

Fabulous first floor 2BR 2 BTH in Spring Ridge. The Master Bedroom is complete with private Master Bath and ample walk-in closet. Two Remodeled Baths(2021), Newer Kitchen Couter(2021), Furnace(2021), Washer/Dryer(2021), Dish Washer(2021). The location is extremely convenient for commuters w close proximity to main roads I 78 and 287. Excellent Bernards Twp schools, Super close to many parks, restaurants and shopping. Amenities include 1 detached Garage, ample visitor parkings, tennis courts, playground, & POOL!

Last Agent to Sell the Property

CHENGWU YIN

REALMART REALTY Listed on: 05/05/2022

Last Buyer's Agent

Melissa Reynolds

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 1993

Lot Details

  • 566

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00136-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,155

Year Built

Built in 1993

Lot Details

566 Sq Ft Lot

HOA Fees

$341 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: King George Rd to Spring Valley Blvd to Potomac Dr
  • I D: 5148495
  • Section Subdiv Development: Spring Ridge
  • First Name: CHENGWU
  • First Name3: MELISSA
  • Last Name: YIN
  • Last Name3: REYNOLDS
  • Office Phone3: 908-766-0085
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2021

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Foyer, Kitchen, Laundry Room, Living Room

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 341
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5155
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00136-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 24, 2022
Sold by
Flint Jonathan A and Flint Reifen
Bought by
Sharma Amit and Sharma Sandhya Fnu
Seller's Agent
CHENGWU YIN
REALMART REALTY
Buyer's Agent
Melissa Reynolds
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$422,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,484
Avg. Annual Appreciation
8.78%
Original Mortgage
$165,000
Outstanding Balance
$137,688
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$284,796
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sharma Amit $305,000 Simplicity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Amit $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $305,000 0.0% --
05/23/2022 05/23/22 Pending -- -- --
05/09/2022 05/09/22 Off Market $305,000 -- --
05/05/2022 05/05/22 For Sale $305,000 -- --
Source: Garden State MLS

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 $6,267 $402,000 $140,000 $262,000
2024 $6,267 $352,300 $124,000 $228,300
2023 $5,941 $315,000 $124,000 $191,000
2022 $6,109 $303,800 $120,000 $183,800
2021 $5,435 $257,600 $120,000 $137,600
2020 $5,155 $246,200 $115,000 $131,200
2019 $5,120 $251,700 $125,000 $126,700
2018 $5,006 $249,700 $123,000 $126,700
2017 $5,040 $253,400 $123,000 $130,400
2016 $5,008 $256,700 $123,000 $133,700
2015 $4,890 $255,200 $120,000 $135,200
2014 $4,785 $247,400 $120,000 $127,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    CHENGWU YIN

    REALMART REALTY

  • Melissa Reynolds

    Buyer's Agent in 2022

    Melissa Reynolds

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 581-0555

    43 in this area

    177 Total Sales

    Melissa Reynolds
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3780169

Garden State MLS

APN: 02-08701-0000-00136-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

313 Potomac Dr, Basking Ridge, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.