NOT LISTED FOR SALE

347 Grist Mill Dr Basking Ridge, NJ 07920

Estimated Value: $1,122,000 - $1,271,000

4 Beds
2.5 Baths
-- Sq Ft
0.92 Acres

Last Sold April 15, 2020

Last sale price $800,000

Est. 50% increase in value since last sale

Current estimated payment $8,161/month

60 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Recreation Room
  • Liberty Corner Elementary School Rated A
  • Deck
  • Marble Flooring

About This Home

As of April 2020

Stunning 4-bedroom 2.1 bath colonial has the charm of a classic Tudor yet is completely updated with extraordinary appointments throughout. Spacious floor plan with over-sized windows flood the home with natural light. Features include gourmet kitchen with granite countertops and marble floors, gorgeous family room with wood-burning fireplace, updated full baths and lower level as well as beautifully crafted millwork throughout. Set on nearly an acre with circular driveway, 2-tier wood deck and pergola covered paver patio. Year-round gardens enhance the allure of this stately residence. Located in desirable neighborhood in a top NJ school district, close to shopping, parks, transportation. This is the exceptional home you've been waiting for!

Last Agent to Sell the Property

Kelly Peterpaul

COLDWELL BANKER REALTY Listed on: 01/06/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Judith Weiniger

WEINIGER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,495

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.92 Acre Lot
  • Fenced
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • French Drain

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Pergola
  • Storage Shed

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05203-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,495

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Tudor
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1973
  • Year Built Description: Renovated
  • County Name: Somerset
  • Exclusions: on file
  • Renovated Year: 2017
  • Street Number Display: 347
  • Directions: Mt airy to Gristmill #347 on the left
  • I D: 4951229
  • Modified: 2021-09-23
  • Number Images: 3
  • First Name: KELLY ANN
  • First Name3: JUDITH
  • Last Name: PETERPAUL
  • Last Name3: WEINIGER
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Carpeting, Marble, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Disposal, Dryer, Generator-Hookup, Hot Tub, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, OvnWElec, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, JacuzTyp, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain, Walkout
  • Basement Level Rooms: GarEnter, MudRoom, Office, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 19x12
  • Kitchen Level: First
  • Living Room Dim: 23x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 12x6
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 14x10
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 23x12
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 10x7
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, InsdEntr, Kitchen, Laundry Room, Living Room, OutEntrn, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Brick, CedarSid
  • Exterior Features: Deck, Hot Tub, Metal Fence, Patio, Pergola, Storage Shed, Storm Door(s), Storm Window(s)
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: 1 Unit, Attic Fan, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .92AC
  • Assessed Improvement Value: 422400
  • Assessed Land Value: 386800
  • Assessment: 809200
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16495
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05203-0000-00009-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 9, 2020
Sold by
Pierson Robert W and Pierson Patricia M
Bought by
Macwright Ryan and Macwright Zoe
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
Judith Weiniger
WEINIGER REALTY
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Total Days on Market
60
Current Estimated Value
$1,202,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,254
Avg. Annual Appreciation
7.96%
Original Mortgage
$550,000
Outstanding Balance
$495,819
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$690,110

Purchase Details

Closed on
May 25, 2001
Sold by
Hutter Stephen
Bought by
Pierson Robert and Pierson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.08%

Purchase Details

Closed on
May 29, 1998
Sold by
Murphy Thomas K
Bought by
Hutter Stephen J and Hutter Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.05%
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 Buyer Sale Price Title Company
Macwright Ryan $800,000 American Land Ttl Assocation
Pierson Robert $650,000 --
Hutter Stephen J $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macwright Ryan $94,000
Open Macwright Ryan $550,000
Previous Owner Pierson Robert W $100,000
Previous Owner Pierson Robert $450,000
Previous Owner Hutter Stephen J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $800,000 -3.0% --
03/06/2020 03/06/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $825,000 -- --
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
2024 $16,943 $952,400 $388,400 $564,000
2023 $17,521 $929,000 $388,400 $540,600
2022 $16,999 $845,300 $368,400 $476,900
2021 $16,146 $765,200 $368,400 $396,800
2020 $16,302 $778,500 $368,400 $410,100
2019 $16,459 $809,200 $386,800 $422,400
2018 $16,032 $799,600 $406,800 $392,800
2017 $15,998 $804,300 $406,800 $397,500
2016 $15,889 $814,400 $411,800 $402,600
2015 $15,449 $806,300 $411,800 $394,500
2014 $15,377 $795,100 $411,800 $383,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3607845

Garden State MLS

APN: 02-05203-0000-00009