NOT LISTED FOR SALE

42 Cross Rd Basking Ridge, NJ 07920

Estimated Value: $730,000 - $1,028,000

5 Beds
3 Baths
1,178 Sq Ft
$737/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $635,000 $539 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,484/month

15 Days on Market

About This Home

As of August 2022

This home is located at 42 Cross Rd, Basking Ridge, NJ 07920 since 23 June 2022 and is currently estimated at $868,355, approximately $737 per square foot. This property was built in 1955. 42 Cross Rd is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Buyer's Agent

Louis Chang

REDSTONE REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,946

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,946

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Somerset
  • I D: 5155971
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .46AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 23, 2022
Sold by
Brue Margaret A
Bought by
Calderon Orlando and Camayo Raquel
Buyer's Agent
Louis Chang
REDSTONE REALTY LLC
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$868,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,355
Avg. Annual Appreciation
10.04%
Original Mortgage
$105,000
Outstanding Balance
$100,215
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$768,140
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 Buyer Sale Price Title Company
Calderon Orlando $635,000 Investment Title
Calderon Orlando $635,000 Investment Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calderon Orlando $105,000
Closed Calderon Orlando $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $635,000 +6.0% $539 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $599,000 -- $508 / 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 $10,946 $655,500 $332,300 $323,200
2024 $10,946 $615,300 $309,800 $305,500
2023 $10,809 $573,100 $309,800 $263,300
2022 $9,862 $490,400 $309,800 $180,600
2021 $9,500 $462,100 $309,800 $152,300
2020 $9,536 $455,400 $311,900 $143,500
2019 $9,346 $459,500 $313,900 $145,600
2018 $9,033 $450,500 $304,900 $145,600
2017 $8,787 $441,800 $304,900 $136,900
2016 $8,778 $449,900 $304,900 $145,000
2015 $8,324 $447,500 $300,400 $147,100
2014 $8,223 $438,100 $300,400 $137,700
Source: Public Records

Agents Affiliated with this Home

  • Louis Chang

    Buyer's Agent in 2022

    Louis Chang

    REDSTONE REALTY LLC

    (732) 762-4340

    1 in this area

    21 Total Sales

    Louis Chang
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Map

Source: Garden State MLS

MLS Number: 3791302

Garden State MLS

APN: 02-02906-0000-00023

New Jersey Somerset County Basking Ridge 07920

42 Cross Rd, Basking Ridge, NJ

Not Listed for Sale

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