NOT LISTED FOR SALE

42 S Alward Ave Basking Ridge, NJ 07920

Estimated Value: $995,000 - $1,111,000

4 Beds
1.5 Baths
2,360 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $692,000 $293 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,848/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • High Ceiling
  • Oak Street Elementary School Rated A
  • Wood Flooring
  • Breakfast Room

About This Home

As of August 2020

Every time you pass this home, you wished it was yours! Now is your chance. This Exceptional "Martha's Vineyard" cottage style home is now available ! Starting w/a wonderful versatile layout,w/ Open Floor Plan for today's modern living,Custom moldings & Solid Wood Chef's Kitchen you only see in Multi~Million $$ homes. ALL Brand New Furnace, HVAC, Hot Water Heater, Roof, Thermal Pane Windows. An amazing breakfast room that overlooks the .acre backyard with endless gardens backs up to park land.The perfect picture of relaxation. Choose to gather in either the family room or Living room w/ Dining Room combined as one. The 2ND Floor w' 4 bedrooms 10' ceilings and walk~in closets. This beautiful fairy tale property ~IT'S the stuff that dreams are made of !

Last Agent to Sell the Property

Lisa Kirkwood

BHHS FOX & ROACH Listed on: 05/05/2020

BHHS FOX & ROACH

Last Buyer's Agent

Lisa Kirkwood

BHHS FOX & ROACH Listed on: 05/05/2020

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,631

Year Built

  • Built in 1942

Lot Details

  • 0.92 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 6 Parking Spaces

Home Design

  • Colonial Architecture

Interior Spaces

  • High Ceiling
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2702-01901-0000-00029-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,631

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1942
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 42
  • Directions: W.Oak to S. Alward OR Lake to S. Alward
  • I D: 4979176
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Downtown
  • First Name: LISA A
  • First Name3: LISA A
  • Last Name: KIRKWOOD
  • Last Name3: KIRKWOOD
  • Office Phone: 908-337-9577
  • Office Phone3: 908-337-9577
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Shades, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Country Kitchen, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 11x10
  • Other Room1 Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • 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: .92AC
  • Assessed Improvement Value: 263400
  • Assessed Land Value: 357600
  • Assessment: 621000
  • Lot Description: Backs to Park Land, Level Lot, Open Lot, Wooded Lot
  • Lot Identifier: 29
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12631
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01901-0000-00029-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 28, 2020
Sold by
Denone Kelly A
Bought by
Thornton Michael J
Seller's Agent
Lisa Kirkwood
BHHS FOX & ROACH
Buyer's Agent
Lisa Kirkwood
BHHS FOX & ROACH
List Price
$689,999
Sold Price
$692,000
Premium/Discount to List
$2,001
0.29%
Current Estimated Value
$1,051,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,082
Avg. Annual Appreciation
8.56%
Original Mortgage
$563,288
Outstanding Balance
$499,676
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$551,406

Purchase Details

Closed on
Nov 30, 2010
Sold by
Denone Ronald A
Bought by
Denone Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1995
Sold by
Holck Gary
Bought by
Denone Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
Thornton Michael J $692,000 Guaranteed Rate Inc
Denone Kelly A $440,000 Stewart Title Guaranty Co
Denone Ronald $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Michael J $63,363
Open Thornton Michael J $563,288
Previous Owner Denone Kelly A $140,000
Previous Owner Denone Ronald $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $692,000 +0.3% $293 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $689,999 -- $292 / 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 $14,976 $929,500 $407,600 $521,900
2024 $14,976 $841,800 $367,600 $474,200
2023 $13,783 $730,800 $367,600 $363,200
2022 $13,769 $684,700 $357,600 $327,100
2021 $13,964 $661,800 $357,600 $304,200
2020 $13,607 $649,800 $357,600 $292,200
2019 $12,631 $621,000 $357,600 $263,400
2018 $12,553 $626,100 $357,600 $268,500
2017 $11,864 $596,500 $352,600 $243,900
2016 $11,507 $589,800 $352,600 $237,200
2015 $11,366 $593,200 $352,600 $240,600
2014 $11,281 $583,300 $352,600 $230,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3630776

Garden State MLS

APN: 02-01901-0000-00029