NOT LISTED FOR SALE

42 Ramapo Dr Basking Ridge, NJ 07920

Estimated Value: $1,327,000 - $1,465,000

4 Beds
3 Baths
3,328 Sq Ft
$417/Sq Ft Est. Value

About This Home

This home is located at 42 Ramapo Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,389,097, approximately $417 per square foot. 42 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Fama Frank and Fama Lillian
Bought by
Bhanote Sumit and Taneja Rinki
Current Estimated Value
$1,389,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,385
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2000
Sold by
Patriots Lp
Bought by
Fama Frank and Fama Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bhanote Sumit $979,000 Westcor Land Title Ins Co
Fama Frank $520,758 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhanote Sumit $856,500
Previous Owner Bhanote Sumit $836,385
Previous Owner Fama Frank $500,000
Previous Owner Fama Frank $500,000
Previous Owner Fama Frank $500,000
Previous Owner Fama Frank $316,000
Previous Owner Fama Frank $250,000
Previous Owner Fama Frank $340,000
Previous Owner Fama Frank $180,000
Source: Public Records

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 $20,962 $1,178,300 $312,000 $866,300
2023 $19,737 $1,046,500 $312,000 $734,500
2022 $18,608 $925,300 $312,000 $613,300
2021 $18,480 $887,000 $332,000 $555,000
2020 $18,480 $882,500 $332,000 $550,500
2019 $18,261 $897,800 $341,200 $556,600
2018 $19,082 $951,700 $346,200 $605,500
2017 $20,264 $1,018,800 $374,000 $644,800
2016 $20,429 $1,047,100 $395,000 $652,100
2015 $20,532 $1,071,600 $410,800 $660,800
2014 $19,833 $1,025,500 $316,300 $709,200
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

42 Ramapo Dr, Basking Ridge, NJ

This home is located at 42 Ramapo Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,389,097, approximately $417 per square foot. 42 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes