$1,161,000
SOLD NOV 5, 2024

40 Knollcroft Rd Basking Ridge, NJ 07920

4 Beds
3 Baths
-- Sq Ft
0.88 Acres

Recently Sold

37% Above List Price

10 Days on Market

About This Home

As of November 2024

This home is located at 40 Knollcroft Rd, Basking Ridge, NJ 07920 and is currently priced at $1,161,000. This property was built in 1990. 40 Knollcroft Rd is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

WILLIAM CAREY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 09/18/2024

Last Buyer's Agent

SUKHWINDER KAUR

J.J. ELEK REALTY CO.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,623

Year Built

  • Built in 1990

Lot Details

  • 0.88 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,623

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Somerset
  • Street Number Display: 40
  • I D: 5311824
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.88AC
  • Total Acres: 0.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 28, 2024
Sold by
Bligh Diane and Bovasso Robert J
Bought by
Arora Kanwaljit S and Monga Gaganpreet Kaur
Seller's Agent
WILLIAM CAREY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
SUKHWINDER KAUR
J.J. ELEK REALTY CO.
List Price
$849,000
Sold Price
$1,161,000
Premium/Discount to List
$312,000
36.75%
Views
94
Current Estimated Value
$1,154,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,225
Avg. Annual Appreciation
-2.68%
Original Mortgage
$831,000
Outstanding Balance
$826,893
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$314,070

Purchase Details

Closed on
Jul 31, 1998
Sold by
Mixter James
Bought by
Bligh John and Bligh Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 9, 1993
Sold by
Villa Joseph
Bought by
Mixter James and Mixter Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
7.21%
Source: Public Records

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Range of Values:

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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 $1,161,000 River Edge Title
Deed $527,000 --
Deed $478,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $831,000 New Conventional
Previous Owner $175,000 No Value Available
Previous Owner $382,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $1,161,000 +36.7% --
09/30/2024 09/30/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $849,000 -- --
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
2024 $18,623 $1,046,800 $388,300 $658,500
2023 $17,777 $942,600 $388,300 $554,300
2022 $17,130 $851,800 $374,100 $477,700
2021 $15,508 $735,800 $357,400 $378,400
2020 $15,822 $755,600 $357,400 $398,200
2019 $16,268 $799,800 $357,400 $442,400
2018 $16,339 $814,900 $343,000 $471,900
2017 $16,314 $820,200 $343,000 $477,200
2016 $17,395 $891,600 $391,200 $500,400
2015 $16,752 $874,300 $391,200 $483,100
2014 $16,576 $857,100 $391,200 $465,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3924788

Garden State MLS

APN: 02-06801-0000-00005