NOT LISTED FOR SALE

40 Briar Ln Basking Ridge, NJ 07920

Estimated Value: $1,395,000 - $1,513,280

4 Beds
3 Baths
3,610 Sq Ft
$407/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,060,000 $294 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,506/month

35 Days on Market

Highlights

  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Fireplace in Kitchen
  • Cedar Hill Elementary School Rated A
  • Cape Cod Architecture
  • Recreation Room

About This Home

As of June 2021

Large & Inviting 3,600 sq. ft. custom home attractively priced: Updated gourmet kitchen with fireplace opens directly to oversized 27' X 21' family room addition overlooking level grounds, impressive gunite pool and hot tub. Versatile floor plan that offers 1st floor bedroom/guest suite & full bath with 3 generous 2nd floor bedrooms including the master suite, renovated spa bath, sitting room and work from home office. Walk in attic can easily be converted to additional bedroom/bonus room off rear staircase. Numerous and deep closets throughout! 3 car garage & finished basement seal the deal. Entire home is newly, neutrally painted in A+ condition & located in a picture perfect Basking Ridge neighborhood! Property offers maximum privacy & serenity on over 2 acres. Enjoy your own backyard oasis this summer!

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 02/25/2021

Last Buyer's Agent

Lillie Kim

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,197

Year Built

  • Built in 1987

Lot Details

  • 2.2 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • 3,610 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2702-03402-0000-00006-0000-

Community Details

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,197

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Style: Cape Cod, Colonial
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: Conservation
  • Directions: South Maple Ave. to Hilltop, left onto Briar Lane, #40 on left.
  • I D: 5048729
  • First Name: CATHERINE
  • First Name3: LILLIE
  • Last Name: FRATES
  • Last Name3: KIM
  • Office Phone: 908-580-5000
  • Office Phone3: 201-585-8080
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Kitchen, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Microwave Oven, Refrigerator, OvnWGas, Washer, Water Filter, Water Softener-Own
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, JacuzTyp, Security System, Skylight, Smoke Detector, SoakTub, StallShw, StallTub, TubShowr, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Leisure, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Country Kitchen, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 34x15
  • Kitchen Level: First
  • Living Room Dim: 13x18
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 13x10
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Dim: 19x9
  • Other Room2 Level: Second
  • Other Room 3: MudRoom
  • Other Room3 Dim: 14x5
  • Other Room3 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Pantry
  • Level 2 Rooms: 3 Bedrooms, Attic, Bath Main, Bath(s) Other, Office, SittngRm
  • Estimated Sq Ft: 3610
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Curbs, Hot Tub, Metal Fence, Patio, Storage Shed, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Storage

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 2.20AC
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Level Lot, Open Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.20

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19197
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-03402-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jun 8, 2021
Sold by
Graca Eduardo Nasi Cheide Da and Ribeiro Fernanda
Bought by
Petrosillo Jeffrey and Petrosillo Laura
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
Lillie Kim
PROMINENT PROPERTIES SIR
List Price
$1,129,000
Sold Price
$1,060,000
Premium/Discount to List
-$69,000
-6.11%
Current Estimated Value
$1,469,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,820
Avg. Annual Appreciation
7.64%
Original Mortgage
$948,000
Outstanding Balance
$858,296
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$611,524

Purchase Details

Listed on
May 27, 2018
Closed on
Aug 1, 2018
Sold by
Gudino David J and Gudino Nancy
Bought by
Graca Eduardo Nasi Cheide Da and Ribeiro Fernanda
Seller's Agent
MONIQUE LOH
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
CATHERINE FRATES
BHHS FOX & ROACH
List Price
$1,075,000
Sold Price
$960,000
Premium/Discount to List
-$115,000
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$768,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 16, 2015
Sold by
Gudino Nancy and Heuring Nancy
Bought by
Gudino Nancy and Heuring Nancy

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
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Breen Peter
Bought by
Heuring Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.48%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Delcoro Ralph
Bought by
Breen Peter and Breen Birgitta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Petrosillo Jeffrey $1,060,000 Statewide Abstract & Ttl Llc
Graca Eduardo Nasi Cheide Da $960,000 Associated Title
Gudino Nancy -- North American Title Agency
Heuring Nancy $975,000 --
Breen Peter $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosillo Jeffrey $948,000
Previous Owner Graca Eduardo Nasi Cheide Da $768,000
Previous Owner Gudino Nancy $640,000
Previous Owner Heuring Nancy $765,000
Previous Owner Breen Peter $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $1,060,000 -2.8% $294 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $1,090,000 -3.5% $302 / Sq Ft
02/28/2021 02/28/21 For Sale $1,129,000 +17.6% $313 / Sq Ft
08/06/2018 08/06/18 Sold $960,000 -10.7% -- View Prior Sale
06/28/2018 06/28/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $1,075,000 -- --
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
2025 $21,209 $1,334,800 $475,200 $859,600
2024 $21,209 $1,192,200 $430,200 $762,000
2023 $19,886 $1,054,400 $420,200 $634,200
2022 $20,180 $1,003,500 $410,200 $593,300
2021 $15,923 $982,100 $410,200 $571,900
2020 $19,198 $916,800 $407,600 $509,200
2019 $19,075 $937,800 $426,300 $511,500
2018 $19,172 $956,200 $431,100 $525,100
2017 $19,090 $959,800 $426,300 $533,500
2016 $18,634 $955,100 $412,100 $543,000
2015 $18,348 $957,600 $412,100 $545,500
2014 $18,377 $950,200 $412,100 $538,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3693971

Garden State MLS

APN: 02-03402-0000-00006