NOT LISTED FOR SALE

41 Ellis Dr Basking Ridge, NJ 07920

Estimated Value: $1,214,000 - $1,338,998

5 Beds
3.5 Baths
2,238 Sq Ft
$570/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $950,000 $424 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,170/month

4 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Oak Street Elementary School Rated A
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of August 2022

Nestled in a quiet cul de sac, this beautiful 5 bedroom, and 3.5 bath home is 2 blocks from the NJ transit train station, close proximity to parks, grade school and the center of Basking Ridge. Also, it is close to shopping and local restaurants. This home is meticulously maintained inside and out. Recently painted in 2021, it boasts a fully fenced-in and landscaped yard with a rear privacy fence. Its outdoor entertaining space abounds with a multi-level Trex deck, and new (2021) paver patio, and a rear walkway. The gourmet kitchen features custom Wood-Mode cabinetry, new Wolf and Sub-Zero appliances and a large center island. The main bathroom was remodeled in 2021. The laundry room features a new Samsung top-loading washer and dryer. This is a truly move-in-ready home.

Last Agent to Sell the Property

Seok Yen Tennariello

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 07/06/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

MARCOS RICO M B REZENDE

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,078

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.67 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Raised Ranch Architecture
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-01104-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,078

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1964
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Exclusions: Fridge @ basement, all outdoor furniture, curtains @ kitchen, LR & FM
  • Renovated Year: 2021
  • Street Number Display: 41
  • Directions: N. Finley Avenue to E. Craig Street to Ellis Drive or N. Maple Avenue to E. Craig Street to Ellis Drive
  • I D: 5163350
  • Modified: 2023-08-25
  • Number Images: 32
  • First Name: SEOK YEN
  • First Name3: MARCOS
  • Last Name: TENNARIELLO
  • Last Name3: RICO M B REZENDE
  • Office Phone: 908766-0085 extn 238
  • Office Phone3: 866-201-6210
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Sump Pump, OvnWGas, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Ground
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 20x12
  • Kitchen Level: First
  • Living Room Dim: 21x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x13
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Dim: 10x8
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 8x7
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 33x25
  • Other Room4 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room
  • Level 2 Rooms: 2 Bedrooms, Attic, Bath(s) Other
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Deck, Patio, Privacy Fence, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .67AC
  • Assessed Improvement Value: 406700
  • Assessed Land Value: 370100
  • Assessment: 776800
  • Lot Description: Cul-De-Sac, Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.67

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15078
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01104-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 22, 2022
Sold by
Tennariello Vincent G and Tennariello Veronica M
Bought by
Schaefer Eric Karl and Schaefer Elizabeth Ashley
Seller's Agent
Seok Yen Tennariello
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MARCOS RICO M B REZENDE
EXP REALTY, LLC
List Price
$974,000
Sold Price
$950,000
Premium/Discount to List
-$24,000
-2.46%
Views
4
Current Estimated Value
$1,276,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,000
Avg. Annual Appreciation
9.77%
Original Mortgage
$760,000
Outstanding Balance
$728,552
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$538,586

Purchase Details

Closed on
Dec 21, 2000
Sold by
Mcafee Ellen
Bought by
Tennariello Vincent and Tennariello Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Schaefer Eric Karl $950,000 None Listed On Document
Tennariello Vincent $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Eric Karl $760,000
Previous Owner Tennariello Vincent $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $950,000 -2.5% $424 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $974,000 -- $435 / 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 $17,171 $1,180,900 $450,100 $730,800
2024 $17,171 $965,200 $380,100 $585,100
2023 $16,499 $874,800 $380,100 $494,700
2022 $15,621 $776,800 $370,100 $406,700
2021 $15,549 $736,900 $360,100 $376,800
2020 $15,079 $720,100 $360,100 $360,000
2019 $14,881 $731,600 $366,800 $364,800
2018 $13,638 $680,200 $371,800 $308,400
2017 $13,404 $673,900 $361,800 $312,100
2016 $12,793 $655,700 $361,800 $293,900
2015 $12,381 $646,200 $361,800 $284,400
2014 $12,275 $634,700 $356,800 $277,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Seok Yen Tennariello

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 766-0085

    4 in this area

    11 Total Sales

    Seok Yen Tennariello
    Section Image

  • M

    Buyer's Agent in 2022

    MARCOS RICO M B REZENDE

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3794202

Garden State MLS

APN: 02-01104-0000-00021

New Jersey Somerset County Basking Ridge 07920

41 Ellis Dr, Basking Ridge, NJ

This home is located at 41 Ellis Dr, Basking Ridge, NJ 07920 since 06 July 2022 and is currently estimated at $1,276,000, approximately $570 per square foot. This property was built in 1964. 41 Ellis Dr 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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