$445,000

40 Commonwealth Dr Basking Ridge, NJ 07920

Estimated payment $3,427/month

Total Views 323
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Cedar Hill Elementary School Rated A
  • Wooded Lot
  • Formal Dining Room

About This Home

2 Bedroom, 2 Bath condo in highly desirable Spring Ridge. Many new improvements! Brand new steel appliances 2025, brand new beautiful flooring, brand new ceiling light fixtures, brand new ceiling fans/lights, freshly painted, new GFI electrical sockets, updated hall bath. Front door opens to a foyer with generous coat closet. Living room has newer sliding glass door that opens out to a deck. Dining area is off the kitchen. Newer stackable laundry, 2023. The primary bedroom includes ensuite full bath. 2nd bedroom and full bath in hallway. Large storage unit in basement. 1 car detached garage. This 2nd floor condo offers peaceful views from the bedrooms. Conveniently located near to charming downtown Basking Ridge, great schools, shopping and restaurants. Amenities include outdoor swimming pool, tennis/pickleball courts, playground, bike path and great area to walk!

Listing Agent

CHRISTINE LAYNG

COLDWELL BANKER REALTY Brokerage Phone: 908-380-0933 Listed on: 07/01/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1987

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement
  • Front Basement Entry

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Private Pool
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00044-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,027

Year Built

Built in 1987

Lot Details

0

HOA Fees

$455 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, One Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 40
  • Directions: Route 78 to exit 36 to King George Rd, 1st right onto Commonwealth, 2nd left to #40.
  • I D: 5366433
  • Modified: 2025-07-01
  • Number Images: 28
  • Section Subdiv Development: Spring Ridge
  • Attribution Contact: 908-380-0933
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Laminate, Tile
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Stackable Washer/Dryer, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, StallTub, TubShowr
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x11
  • Kitchen Level: Second
  • Living Room Dim: 12x19
  • Living Room Level: Second
  • Other Room 1: Foyer
  • Other Room1 Dim: 5x6
  • Other Room1 Level: Basement
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Living Room, LivDinRm

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned, Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: Blacktop, Common, Lighting, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 455
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Assessed Improvement Value: 246300
  • Assessed Land Value: 140000
  • Assessment: 386300
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 44
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Cats OK, Number Limit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 6027
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00044-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.779
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: CEDAR HILL

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,027 $338,800 $124,000 $214,800
2023 $5,730 $303,800 $124,000 $179,800
2022 $5,474 $272,200 $120,000 $152,200
2021 $4,923 $259,900 $120,000 $139,900
2020 $5,239 $250,200 $115,000 $135,200
2019 $5,140 $252,700 $125,000 $127,700
2018 $5,157 $257,200 $123,000 $134,200
2017 $5,195 $261,200 $123,000 $138,200
2016 $5,077 $260,200 $123,000 $137,200
2015 $4,709 $258,800 $120,000 $138,800
2014 $4,542 $247,800 $120,000 $127,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $445,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $339,000 --
Deed $339,000 Fidelity National Title Insu
Deed $219,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,200 No Value Available
Source: Public Records

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Source: Garden State MLS

MLS Number: 3972598

Garden State MLS

APN: 02-08603-0000-00044-0000-CONDO