4 Independence Dr Basking Ridge, NJ 07920
Estimated Value: $1,601,000 - $1,860,000
Studio
--
Bath
4,327
Sq Ft
$398/Sq Ft
Est. Value
About This Home
This home is located at 4 Independence Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,721,163, approximately $397 per square foot. 4 Independence Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2001
Sold by
Ayyar Shekar
Bought by
Faridnia Homa
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
$640,000
Interest Rate
6.93%
Purchase Details
Closed on
Jul 28, 1999
Sold by
Hill Independence
Bought by
Ayyar Shekar and Sankaran Muthilli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,950
Interest Rate
7.61%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faridnia Homa | $800,000 | -- | |
| Ayyar Shekar | $699,944 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Faridnia Homa | $640,000 | |
| Previous Owner | Ayyar Shekar | $559,950 |
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 | $20,974 | $1,340,800 | $356,000 | $984,800 |
| 2024 | $20,974 | $1,179,000 | $299,800 | $879,200 |
| 2023 | $20,612 | $1,092,900 | $299,800 | $793,100 |
| 2022 | $19,406 | $965,000 | $299,800 | $665,200 |
| 2021 | $17,948 | $850,600 | $288,500 | $562,100 |
| 2020 | $19,223 | $918,000 | $288,500 | $629,500 |
| 2019 | $20,271 | $996,600 | $288,500 | $708,100 |
| 2018 | $20,656 | $1,030,200 | $305,800 | $724,400 |
| 2017 | $20,560 | $1,033,700 | $311,700 | $722,000 |
| 2016 | $19,459 | $997,400 | $307,800 | $689,600 |
| 2015 | $19,660 | $1,026,100 | $327,700 | $698,400 |
| 2014 | $19,549 | $1,010,800 | $327,700 | $683,100 |
Source: Public Records
Map
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