NOT LISTED FOR SALE

38 Gerard Ave Basking Ridge, NJ 07920

Estimated Value: $1,817,000 - $2,012,942

7 Beds
4 Baths
1,321 Sq Ft
$1,434/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $1,070,000 $810 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $12,367/month

About This Home

As of June 2012

This home is located at 38 Gerard Ave, Basking Ridge, NJ 07920 since 01 June 2012 and is currently estimated at $1,894,314, approximately $1,434 per square foot. 38 Gerard Ave 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

Marie Young

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 06/01/2012

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,357

Lot Details

  • 5.84 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,357

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4181218
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 5.84AC
  • Total Acres: 5.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2012
Closed on
May 25, 2012
Sold by
Foley Jaclyn Marie and Foley Raymond Peter
Bought by
Marshall John L and Marshall Etta J
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Sold Price
$1,070,000
Current Estimated Value
$1,894,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,314
Avg. Annual Appreciation
4.32%
Original Mortgage
$856,000
Outstanding Balance
$593,079
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,301,235

Purchase Details

Closed on
Jan 27, 2012
Sold by
Foley Jaclyn Marie and Foley Raymond Peter
Bought by
Foley Jaclyn Marie and Foley Raymond Peter

Purchase Details

Closed on
Sep 21, 2000
Sold by
Desnoyers Helen
Bought by
Foley Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Marshall John L $1,070,000 None Available
Foley Jaclyn Marie -- None Available
Foley Jaclyn $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall John L $856,000
Previous Owner Foley Jaclyn $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2012 06/01/12 Sold $1,070,000 -- $810 / 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 $28,357 $1,692,900 $615,500 $1,077,400
2024 $28,357 $1,594,000 $586,700 $1,007,300
2023 $28,865 $1,530,500 $586,700 $943,800
2022 $29,904 $1,487,000 $581,000 $906,000
2021 $30,114 $1,427,200 $581,000 $846,200
2020 $30,145 $1,439,600 $581,000 $858,600
2019 $30,827 $1,515,600 $581,000 $934,600
2018 $30,416 $1,517,000 $581,000 $936,000
2017 $22,110 $1,111,600 $581,000 $530,600
2016 $21,818 $1,118,300 $581,000 $537,300
2015 $20,760 $1,083,500 $569,500 $514,000
2014 $20,613 $1,065,800 $569,500 $496,300
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2012

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    111 in this area

    141 Total Sales

    Marie Young
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Map

Source: Garden State MLS

MLS Number: 2895500

Garden State MLS

APN: 02-05602-0000-00002

New Jersey Somerset County Basking Ridge 07920

38 Gerard Ave, Basking Ridge, NJ

Not Listed for Sale

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