NOT LISTED FOR SALE

331 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $372,000 - $420,000

2 Beds
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold May 18, 2015

Last sale price $249,000

Est. 56% increase in value since last sale

Current estimated payment $2,585/month

Highlights

  • Private Pool
  • Clubhouse
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of April 2024

First floor unit condo in Basking Ridge has 2 Bedrooms, 1 bathroom. Just fresh painted the whole house and changed brand new carpet. A nice kitchen features stainless steel appliances and plenty of cabinet space. 1 car garage. Basement is not included. Great amenities including outdoor in ground pool, play ground, tennis courts, club house, jog/bike path. Easy access to major highways and shopping.

Last Agent to Rent the Property

HAORUI DONG

JOHN ANTHONY AGENCY C-21 Listed on: 03/26/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1989

Lot Details

  • 479

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Partial Basement
  • Basement Storage

Home Security

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, water
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include maintenance fee
  • Madison Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,590

Year Built

Built in 1989

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Sewer, Gas, Water

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Madison Village
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 1989
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Room Bedroom2 Area: 140
  • Room Living Room Area: 322
  • Room Kitchen Area: 72
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 168
  • Appliances: Dishwasher, Dryer, Electric Range/Oven, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Electric Water Heater, Gas Water Heater
  • Has Basement: Partial, Storage Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Main, Dining Room, None
  • Stories: 1

Exterior Features

  • Pool Features: Outdoor Pool

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Detached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Tennis Court(s), Jog/Bike Path
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Tam Wing Hung G and Cho Yen Chin
Bought by
Cheuk Fun Yim and Cheuk Sui L
Current Estimated Value
$388,842

Purchase Details

Listed on
May 18, 2015
Closed on
May 15, 2015
Sold by
Jaskula Sophie and Gannon Susan
Bought by
Tam Wing Hung G and Cho Yen Chin
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
BRIGHT LIN
WEICHERT REALTORS
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$149,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
Sold by
Marino John
Bought by
Jaskula William and Jaskula Sophie

Purchase Details

Closed on
Jul 23, 1998
Sold by
Kettenstock Elizabeth
Bought by
Marino John and Marino Jane
Source: Public Records

Range of Values:

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
Cheuk Fun Yim $249,000 None Available
Tam Wing Hung G $249,000 Fidelity Natl Title Ins Co
Jaskula William $132,178 --
Marino John $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tam Wing Hung G $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2024 04/06/24 Rented $2,400 0.0% --
03/26/2024 03/26/24 For Rent $2,400 0.0% --
05/18/2015 05/18/15 Sold $249,000 -- --
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 $5,590 $314,200 $124,000 $190,200
2023 $5,547 $294,100 $124,000 $170,100
2022 $5,303 $263,700 $120,000 $143,700
2021 $4,946 $245,100 $120,000 $125,100
2020 $4,946 $236,200 $115,000 $121,200
2019 $4,674 $229,800 $125,000 $104,800
2018 $4,720 $235,400 $123,000 $112,400
2017 $4,533 $227,900 $123,000 $104,900
2016 $4,429 $227,000 $123,000 $104,000
2015 $4,323 $225,600 $120,000 $105,600
2014 $4,264 $220,500 $120,000 $100,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2024

    HAORUI DONG

    JOHN ANTHONY AGENCY C-21

    10 Total Sales

    Section Image
  • Jennifer Blanchard

    Seller's Agent in 2015

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    136 in this area

    218 Total Sales

    Section Image

  • B

    Buyer's Agent in 2015

    BRIGHT LIN

    WEICHERT REALTORS

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2409760R

All Jersey MLS

APN: 02-08701-0000-00190-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

331 Potomac Dr, Basking Ridge, NJ

This home is located at 331 Potomac Dr, Basking Ridge, NJ 07920 since 26 March 2024 and is currently priced at $395,530. This property was built in 1989. 331 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.

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.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes