322 Potomac Dr Basking Ridge, NJ 07920
Estimated Value: $380,000 - $453,000
Studio
--
Bath
1,050
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 322 Potomac Dr, Basking Ridge, NJ 07920 and is currently estimated at $427,198, approximately $406 per square foot. 322 Potomac 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
May 29, 2002
Sold by
Daly John
Bought by
Schmidt Paula and Schmidt John
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$61,953
Interest Rate
6.9%
Estimated Equity
$365,245
Purchase Details
Closed on
Jan 26, 1996
Sold by
Crawford Lynda
Bought by
Daly John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.1%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmidt Paula | $228,000 | -- | |
| Daly John | $133,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmidt Paula | $150,000 | |
| Previous Owner | Daly John | $127,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,792 | $435,800 | $140,000 | $295,800 |
| 2024 | $6,792 | $381,800 | $124,000 | $257,800 |
| 2023 | $6,405 | $339,600 | $124,000 | $215,600 |
| 2022 | $6,246 | $310,600 | $120,000 | $190,600 |
| 2021 | $5,596 | $265,200 | $120,000 | $145,200 |
| 2020 | $5,308 | $253,500 | $115,000 | $138,500 |
| 2019 | $5,262 | $258,700 | $125,000 | $133,700 |
| 2018 | $5,147 | $256,700 | $123,000 | $133,700 |
| 2017 | $5,179 | $260,400 | $123,000 | $137,400 |
| 2016 | $5,143 | $263,600 | $123,000 | $140,600 |
| 2015 | $5,024 | $262,200 | $120,000 | $142,200 |
| 2014 | $4,912 | $254,000 | $120,000 | $134,000 |
Source: Public Records
Map
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