$1,125,000
SOLD AUG 1, 2024

32 Honeyman Rd Basking Ridge, NJ 07920

4 Beds
2.5 Baths
2,515 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$447 Per Sq Ft

2% Above List Price

24 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Cathedral Ceiling

About This Home

As of August 2024

Experience the enchantment of this stunning Madison style residence, showcasing 4 bedrooms and 2.5 baths, conveniently nestled near Mt. Prospect Elementary School and an array of amenities. Recently renovated to embrace modernity, this home showcases a sleek kitchen and updated second-floor bathrooms, epitomizing contemporary sophistication. Gleaming hardwood floors and lofty ceilings in the family room instill a sense of openness and refinement. The master suite boasts a generous walkin closet featuring a cozy sitting area and a luxurious Master Bath with a shower and jetted tub, perfect for unwinding in luxury. Completing the picture, a finished basement offers extra versatility, all within the acclaimed Basking Ridge school district one of New Jersey's finest. Don't miss the chance to transform this exceptional residence into your ultimate dream home.

Last Agent to Sell the Property

RICHA JAIN

BETTER HOMES&GARDENS RE MATURO Listed on: 05/23/2024

BETTER HOMES&GARDENS RE MATURO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,388

Year Built

  • Built in 1998

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Property is zoned PRD5

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,515 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance fee
  • Liberty Rdg Ph 03 Sec 05 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,388

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 0.00 x 0.00
  • Ownership: See Remarks
  • Subdivision Name: Liberty Rdg Ph 03 Sec 05
  • Architectural Style: Remarks, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Two, See Remarks
  • Property Attached Yn: No
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Tub Shower, Two Sinks
  • Dining Room Features: Dining L, Formal Dining Room
  • Master Bedroom Features: Sitting Area, Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Island, Pantry, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, See Remarks, Oven, Gas Water Heater
  • Has Basement: Full, Finished, Storage Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Blinds, Cathedral Ceiling(s), Kitchen, Laundry Room, Bath Half, Living Room, Storage, Dining Room, Family Room, 1 Bedroom, 2 Bedrooms, 3 Bedrooms, 4 Bedrooms, Bath Full, Bath Second, Attic
  • Living Area: 2515
  • Window Features: Blinds

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Fitness Center, See Remarks, Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Fee

Lot Info

  • Lot Size Sq Ft: 6534
  • Zoning: PRD5

Multi Family

  • Maintenance Expense: 133

Tax Info

  • Tax Annual Amount: 16388
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 31, 2024
Sold by
Sharma Anil and Sharma Usha
Bought by
Kotturu Pratyush and Yeluri Pranitha
Seller's Agent
RICHA JAIN
BETTER HOMES&GARDENS RE MATURO
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Views
58
Current Estimated Value
$1,137,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,035
Avg. Annual Appreciation
1.22%
Original Mortgage
$900,000
Outstanding Balance
$893,702
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$243,333

Purchase Details

Listed on
Aug 15, 2014
Closed on
Aug 1, 2014
Sold by
Chin Albert A
Bought by
Sharma Usha and Sharma Anil
Seller's Agent
GEORGINA GOH
WEICHERT REALTORS
Buyer's Agent
GERALD P. LIGHT
BHHS FOX & ROACH
Sold Price
$851,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$638,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2008
Sold by
Zhang Zhihua and Zhang Zhen
Bought by
Chin Albert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Pulte Home
Bought by
Zhang Zhihua and Zhang Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,750
Interest Rate
6.9%
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 Type Sale Price Title Company
Deed $1,125,000 Providence Abstract
Bargain Sale Deed $851,000 Fidelity Natl Title Ins Co
Deed $700,000 Multiple
Deed $359,725 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $531,195 New Conventional
Previous Owner $638,250 Adjustable Rate Mortgage/ARM
Previous Owner $308,000 Unknown
Previous Owner $127,500 Credit Line Revolving
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $323,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,125,000 0.0% --
08/01/2024 08/01/24 Sold $1,125,000 +2.3% $447 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,100,000 0.0% $437 / Sq Ft
05/23/2024 05/23/24 For Sale $1,100,000 0.0% --
05/22/2024 05/22/24 Price Changed $1,100,000 +29.3% --
08/15/2014 08/15/14 Sold $851,000 -- --
Source: All Jersey 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 $16,061 $902,800 $276,400 $626,400
2023 $16,644 $882,500 $276,400 $606,100
2022 $16,388 $814,900 $276,400 $538,500
2021 $16,268 $771,000 $279,600 $491,400
2020 $15,831 $756,000 $279,600 $476,400
2019 $15,483 $761,200 $279,600 $481,600
2018 $15,585 $777,300 $279,600 $497,700
2017 $15,405 $774,500 $279,600 $494,900
2016 $15,413 $790,000 $289,600 $500,400
2015 $14,753 $770,000 $289,600 $480,400
2014 $14,002 $724,000 $289,600 $434,400
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2412267R

All Jersey MLS

APN: 02-10704-0000-00017