$1,485,000
SOLD JUN 30, 2025

32 Briar Ln Basking Ridge, NJ 07920

5 Beds
5 Baths
1,124 Sq Ft
1.58 Acres

Recently Sold

$1,321 Per Sq Ft

13% Below List Price

96 Days on Market

About This Home

As of June 2025

This home is located at 32 Briar Ln, Basking Ridge, NJ 07920 and is currently priced at $1,485,000, approximately $1,321 per square foot. This property was built in 1960. 32 Briar Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jaime Luongo

WEICHERT REALTORS Brokerage Phone: 908-766-7500 Listed on: 03/01/2025

WEICHERT REALTORS

Last Buyer's Agent

John Haydu

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,649

Year Built

  • Built in 1960

Lot Details

  • 1.58 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,649

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Somerset
  • Street Number Display: 32
  • I D: 5341237
  • Modified: 2025-06-30
  • Number Images: 0
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 1.58AC
  • Total Acres: 1.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Jun 20, 2025
Sold by
Forman Donna
Bought by
Wilson Dennis G and Cantono Alison
Seller's Agent
Jaime Luongo
WEICHERT REALTORS
Buyer's Agent
John Haydu
KELLER WILLIAMS - NJ METRO GROUP
List Price
$1,699,000
Sold Price
$1,485,000
Premium/Discount to List
-$214,000
-12.6%
Views
111
Current Estimated Value
$1,516,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,452
Avg. Annual Appreciation
8.39%
Original Mortgage
$935,000
Outstanding Balance
$932,623
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$583,829

Purchase Details

Closed on
Oct 24, 2001
Sold by
Wood David
Bought by
Forman Scott and Forman Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,485,000 Realsafe Title
Deed $1,485,000 Realsafe Title
Deed $540,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $935,000 New Conventional
Closed $935,000 New Conventional
Previous Owner $430,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $1,485,000 -7.1% $1,321 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $1,599,000 -4.0% $1,423 / Sq Ft
04/15/2025 04/15/25 Price Changed $1,665,000 -2.0% $1,481 / Sq Ft
03/01/2025 03/01/25 For Sale $1,699,000 -- $1,512 / 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
2025 $20,649 $1,431,100 $460,000 $971,100
2024 $20,649 $1,160,700 $420,000 $740,700
2023 $20,395 $1,081,400 $420,000 $661,400
2022 $20,104 $999,700 $420,000 $579,700
2021 $20,670 $979,600 $415,000 $564,600
2020 $20,115 $960,600 $415,000 $545,600
2019 $19,736 $970,300 $430,000 $540,300
2018 $19,432 $969,200 $420,000 $549,200
2017 $19,299 $970,300 $415,000 $555,300
2016 $18,964 $972,000 $400,000 $572,000
2015 $21,724 $1,133,800 $402,400 $731,400
2014 $21,458 $1,109,500 $402,400 $707,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3948485

Garden State MLS

APN: 02-03402-0000-00007