NOT LISTED FOR SALE

42 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $895,000 - $1,195,000

-- Bed
-- Bath
1,489 Sq Ft
$663/Sq Ft Est. Value

About This Home

This home is located at 42 Spencer Rd, Basking Ridge, NJ 07920 and is currently estimated at $987,534, approximately $663 per square foot. 42 Spencer Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2013
Sold by
Harvey Edward John
Bought by
Trucco Christine
Current Estimated Value
$987,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,425
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2010
Sold by
Harvey Edward J
Bought by
Harvey Edward John and Edward John Harvey Living Trust

Purchase Details

Closed on
Aug 3, 2004
Sold by
Peters Boyd A
Bought by
Harvey Edward J

Purchase Details

Closed on
Aug 3, 2001
Sold by
Keith Richard
Bought by
Peters Boyd and Peters Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.14%

Purchase Details

Closed on
May 27, 1994
Sold by
Mcdade Jean
Bought by
Keith Richard and Keith Rosalind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
8.49%
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.

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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.

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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.

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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.

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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
Trucco Christine $435,000 First American Title Insuran
Harvey Edward John -- None Available
Harvey Edward J $515,000 --
Peters Boyd $325,000 --
Keith Richard $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trucco Christine $425,000
Closed Trucco Christine A $137,000
Closed Trucco Christine A $100,000
Closed Trucco Christine $322,000
Closed Trucco Christine $315,425
Previous Owner Peters Boyd $260,000
Previous Owner Keith Richard $186,000
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 $13,405 $753,500 $357,600 $395,900
2023 $12,763 $676,700 $343,300 $333,400
2022 $13,005 $646,700 $329,100 $317,600
2021 $12,690 $601,400 $329,100 $272,300
2020 $11,835 $565,200 $312,400 $252,800
2019 $9,843 $483,900 $312,400 $171,500
2018 $9,225 $460,100 $312,400 $147,700
2017 $9,080 $456,500 $307,900 $148,600
2016 $8,895 $455,900 $307,900 $148,000
2015 $9,463 $493,900 $317,500 $176,400
2014 $8,949 $462,700 $313,000 $149,700
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

42 Spencer Rd, Basking Ridge, NJ

This home is located at 42 Spencer Rd, Basking Ridge, NJ 07920 and is currently estimated at $987,534, approximately $663 per square foot. 42 Spencer Rd 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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