$405,000
SOLD NOV 7, 2025

40 Commonwealth Dr Basking Ridge, NJ 07920

2 Beds
2 Baths
-- Sq Ft
479 Sq Ft Lot

Recently Sold

9% Below List Price

86 Days on Market

About This Home

As of November 2025

This home is located at 40 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently priced at $405,000. This property was built in 1987. 40 Commonwealth Dr 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

CHRISTINE LAYNG

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 07/01/2025

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1987

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,027

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5366433
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: WASHINGTON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Oct 16, 2025
Sold by
Hatton Cecelia Maria and Lasalle Anthony Michael
Bought by
Canavan Briana M
Seller's Agent
CHRISTINE LAYNG
COLDWELL BANKER REALTY
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$445,000
Sold Price
$405,000
Premium/Discount to List
-$40,000
-8.99%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.54%
Original Mortgage
$205,000
Outstanding Balance
$204,809
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$216,164

Purchase Details

Closed on
Jul 15, 2005
Sold by
Wilson Stanley
Bought by
Hatton Cecelia M

Purchase Details

Closed on
Aug 23, 2002
Sold by
Zimmerman Mark
Bought by
Wilson Stanley and Wilson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.55%
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 Type Sale Price Title Company
Deed $405,000 First American Title
Deed $339,000 --
Deed $339,000 Fidelity National Title Insu
Deed $219,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,000 New Conventional
Previous Owner $175,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Sold $405,000 +1.3% --
09/25/2025 09/25/25 Pending -- -- --
09/08/2025 09/08/25 Price Changed $399,900 -10.1% --
07/01/2025 07/01/25 For Sale $445,000 -- --
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 $6,027 $386,300 $140,000 $246,300
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

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3972598

Garden State MLS

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