NOT LISTED FOR SALE

40 E Craig St Basking Ridge, NJ 07920

Estimated Value: $1,044,000 - $1,178,000

4 Beds
3 Baths
2,115 Sq Ft
$520/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $900,000 $426 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,012/month

10 Days on Market

About This Home

As of July 2023

This home is located at 40 E Craig St, Basking Ridge, NJ 07920 since 25 April 2023 and is currently estimated at $1,100,604, approximately $520 per square foot. This property was built in 1963. 40 E Craig St is a home located in Somerset County with nearby schools including Oak Street 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: 04/25/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Lisa Molinari

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,403

Year Built

  • Built in 1963

Lot Details

  • 1.4 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,403

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Somerset
  • Street Number Display: 40
  • I D: 5216121
  • Modified: 2024-07-19
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.40AC
  • Total Acres: 1.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 13, 2023
Sold by
Kalley Anuradha
Bought by
Connors Keith James and Connors Jacqueline
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Molinari
WEICHERT REALTORS
List Price
$779,000
Sold Price
$900,000
Premium/Discount to List
$121,000
15.53%
Views
102
Current Estimated Value
$1,100,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,604
Avg. Annual Appreciation
9.62%
Original Mortgage
$720,000
Outstanding Balance
$703,286
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$397,318

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 5, 2018
Sold by
Frenson Therese M and Frenson Robert R
Bought by
Barrasso Peter Paul
Seller's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
Buyer's Agent
MERRILYN AYALA
REDFIN CORPORATION
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$580,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2010
Sold by
Frenson Robert R and Frenson Therese M
Bought by
Frenson Robert R and Frenson Therese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1994
Sold by
Benninger James
Bought by
Frenson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Connors Keith James $900,000 None Listed On Document
Barrasso Peter Paul $725,000 None Available
Frenson Robert R -- None Available
Frenson Robert $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors Keith James $720,000
Previous Owner Barrasso Peter Paul $580,000
Previous Owner Frenson Robert R $303,000
Previous Owner Frenson Robert $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $900,000 +15.5% $426 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $779,000 +7.4% $368 / Sq Ft
06/08/2018 06/08/18 Sold $725,000 0.0% $343 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $725,000 -- $343 / 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 $14,403 $922,500 $472,000 $450,500
2024 $14,403 $809,600 $402,000 $407,600
2023 $12,727 $674,800 $402,000 $272,800
2022 $13,242 $658,500 $392,000 $266,500
2021 $13,884 $658,000 $382,000 $276,000
2020 $13,776 $657,900 $382,000 $275,900
2019 $13,587 $668,000 $396,000 $272,000
2018 $11,040 $550,600 $360,900 $189,700
2017 $10,824 $544,200 $351,900 $192,300
2016 $10,809 $554,000 $351,900 $202,100
2015 $10,488 $547,400 $351,900 $195,500
2014 $10,417 $538,600 $347,400 $191,200
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2023

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    114 in this area

    146 Total Sales

    Marie Young
    Section Image
  • Lisa Molinari

    Buyer's Agent in 2023

    Lisa Molinari

    WEICHERT REALTORS

    (908) 337-1748

    3 in this area

    63 Total Sales

    Lisa Molinari
    Section Image
  • Marcy Borcherding

    Seller's Agent in 2018

    Marcy Borcherding

    COLDWELL BANKER REALTY

    (908) 752-8865

    22 in this area

    88 Total Sales

    Marcy Borcherding
    Section Image

  • M

    Buyer's Agent in 2018

    MERRILYN AYALA

    REDFIN CORPORATION

See All Agents

Map

Source: Garden State MLS

MLS Number: 3840125

Garden State MLS

APN: 02-01001-0000-00016

New Jersey Somerset County Basking Ridge 07920

40 E Craig St, Basking Ridge, NJ

This home is located at 40 E Craig St, Basking Ridge, NJ 07920 since 25 April 2023 and is currently estimated at $1,100,604, approximately $520 per square foot. This property was built in 1963. 40 E Craig St is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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