NOT LISTED FOR SALE

42 Concord Ln Basking Ridge, NJ 07920

Estimated Value: $751,000 - $1,038,000

4 Beds
2.5 Baths
1,987 Sq Ft
$441/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $625,000 $315 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,931/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Breakfast Room
  • Oak Street Elementary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of June 2022

Great opportunity to own a spacious 4 bedroom home in a highly desirable Rebel Hill section of Basking Ridge at an affordable price! This unique, Dixie style Split level home offers Foyer, Family Rm, Dining Rm, and Kitchen with a Breakfast area on the 1st level. The Kitchen has sliding glass doors opening into a large backyard with a patio. The 1st level also has a convenient half-bath. Just a few steps up, at the mezzanine level, is an extensive, 30 x 20 ft. Family Room, with cathedral ceiling and built-in cabinetry in the TV area. This spacious, well-lit room is perfect for entertainment. The 3rd level features 4 bedrooms and 2 bathrooms. The bedrooms' sizes are comfortable, with enough space for large beds and other furnishings. The home has an attached 1-car garage and plenty of parking on a wide driveway. This home offers a beautiful, large backyard with a paver patio. The property is situated on a wide, 0.9-acre lot. This house has great potential, whether you are looking for a house you can make your own, or a place where you can expand. The home is located within a 2-mile radius to great schools and in close proximity to all major roadways. Rt. 287 is within a 3-minute drive. NJ Transit Lyons Station is only a 5-minute drive and the train will take you to NYC in 45 minutes.

Last Listed By

JULIA STARCKE

YOUR TOWN REALTY Listed on: 02/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,075

Year Built

  • Built in 1962

Lot Details

  • 0.89 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,987 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Utility Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-04103-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,075

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level, Bi-Level, Colonial
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 42
  • Directions: Martinsville Rd. to Mount Airy Rd. to Concord Ln.
  • I D: 5125707
  • Modified: 2023-06-02
  • Number Images: 1
  • Section Subdiv Development: Basking Ridge
  • First Name: JULIA
  • First Name3: TRACEY
  • Last Name: STARCKE
  • Last Name3: CASTELLANO
  • Office Phone: 855-600-2465
  • Office Phone3: 908-273-2991
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Parquet, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector, TubShowr
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Second
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 10x9
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 14x7
  • Other Room2 Level: First
  • Other Room 3: PowderRm
  • Other Room3 Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: Family Room
  • Level 3 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1987

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop, Hard Surface

Utilities

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

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: .89AC
  • Assessed Improvement Value: 183200
  • Assessed Land Value: 341700
  • Assessment: 524900
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.89

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11075
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-04103-0000-00005-0000-
  • 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
Feb 7, 2022
Closed on
May 26, 2022
Sold by
Prasad and Upasana
Bought by
Anthony Michael and Anthony Jennifer J
Seller's Agent
JULIA STARCKE
YOUR TOWN REALTY
Buyer's Agent
TRACEY CASTELLANO
KELLER WILLIAMS REALTY
List Price
$655,000
Sold Price
$625,000
Premium/Discount to List
-$30,000
-4.58%
Total Days on Market
45
Current Estimated Value
$876,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,244
Avg. Annual Appreciation
12.98%
Original Mortgage
$500,000
Outstanding Balance
$481,173
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$417,872

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ryan Maureen E
Bought by
Prasad Rakesh and Srivastava Upasana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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Average Value
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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
Anthony Michael $625,000 Kramsky Les R
Prasad Rakesh $590,000 --
Prasad Rakesh $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony Michael $500,000
Previous Owner Prasad Rakesh $409,000
Previous Owner Prasad Rakesh $440,000
Previous Owner Prasad Rakesh $479,000
Previous Owner Prasad Rakesh $510,000
Previous Owner Prasad Rakesh $59,000
Previous Owner Prasad Rakesh $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $625,000 0.0% $315 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $625,000 -4.6% $315 / Sq Ft
02/07/2022 02/07/22 For Sale $655,000 -- $330 / 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
2024 $12,311 $692,000 $396,700 $295,300
2023 $11,737 $622,300 $371,700 $250,600
2022 $11,304 $562,100 $356,700 $205,400
2021 $11,075 $524,900 $341,700 $183,200
2020 $10,788 $515,200 $341,700 $173,500
2019 $10,534 $517,900 $341,700 $176,200
2018 $10,604 $528,900 $336,700 $192,200
2017 $10,450 $525,400 $336,700 $188,700
2016 $10,500 $538,200 $346,700 $191,500
2015 $10,195 $532,100 $346,700 $185,400
2014 $10,297 $532,400 $341,700 $190,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JULIA STARCKE

    YOUR TOWN REALTY

  • T

    Buyer's Agent in 2022

    TRACEY CASTELLANO

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3762691

Garden State MLS

APN: 02-04103-0000-00005

New Jersey Somerset County Basking Ridge 07920

42 Concord Ln, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 42 Concord Ln, Basking Ridge, NJ 07920 since 07 February 2022 and is currently estimated at $876,244, approximately $440 per square foot. This property was built in 1962. 42 Concord Ln 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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Information deemed reliable but not guaranteed.
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