NOT LISTED FOR SALE

48 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $442,000 - $478,000

2 Beds
2 Baths
-- Sq Ft
$405/mo HOA Fee

Last Sold April 11, 2022

Last sale price $350,300

Est. 31% increase in value since last sale

Current estimated payment $3,501/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Den
  • Cedar Hill Elementary School Rated A
  • Deck
  • Formal Dining Room

About This Home

As of April 2022

MOVE RIGHT INTO THIS AMAZING ONE FLOOR UNIT IN SPRING RIDGE! 2 BR+ DEN, 2 FULL BATHS, LR, DR, UPGRADED KITCHEN, UPDATED BATHS, 1 CAR GARAGE, GRANITE COUNTERTOPS IN KITCHEN, STAINLESS STEEL APPLIANCES, SLIDING GLASS DOORS TO BALCONY. FRESHLY PAINTED, LARGE MASTER BEDROOM WITH MASTER BATH, LARGE BASEMENT W SEPARATE ENTRANCE FOR STORAGE, DEN AS ADDITIONAL ROOM WITH FULL CLOSET WHICH CAN BE USED AS AN OFFICE OR CRAFT ROOM. CONVENIENTLY LOCATED TO SHOPPING, TRAINS TO NEW YORK, AND MAJOR HIGHWAYS,TOP BASKING RIDGE SCHOOL SYSTEM.

Last Listed By

Brian and Collee Plick

COLDWELL BANKER REALTY Listed on: 02/23/2022

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 1987

Lot Details

  • 479

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00048-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,270

Year Built

Built in 1987

Lot Details

0

HOA Fees

$405 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 48
  • Directions: KING GEORGE ROAD TO SPRING VALLEY (SPRING RIDGE ENTRANCE) TO COMMONWEALTH, SECOND LEFT INTO DRIVEWAY TO UNIT #48, UPSTAIRS TO END UNIT.
  • I D: 5131603
  • Modified: 2023-04-12
  • Number Images: 31
  • Section Subdiv Development: Spring Ridge
  • First Name: BRIAN
  • First Name3: LAUREN
  • Last Name: PLICK
  • Last Name3: ROTH
  • Office Phone: 908-735-8080
  • Office Phone3: 908-757-7780
  • Attribution Contact: 908-735-8080
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: Second
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: Second
  • Living Room Dim: 20x12
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Foyer, Laundry Room, Living Room
  • Phone: 908-735-8080

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor
  • Association Maintenance Fee: 405
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Assessed Improvement Value: 177200
  • Assessed Land Value: 120000
  • Assessment: 297200
  • Easement: Unknown
  • Lot Identifier: 48
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1212
  • Pets Allowed: Call, CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6270
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08603-0000-00048-0000-CONDO
  • 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: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 14, 2022
Sold by
Fung Poon Lenny Kuan and Loi Carol
Bought by
Mcmanus Robert T
Seller's Agent
Brian and Collee Plick
COLDWELL BANKER REALTY
Buyer's Agent
LAUREN ROTH
WEICHERT REALTORS
List Price
$334,900
Sold Price
$350,300
Premium/Discount to List
$15,400
4.6%
Total Days on Market
8
Current Estimated Value
$460,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,292
Avg. Annual Appreciation
8.56%
Original Mortgage
$280,240
Outstanding Balance
$268,739
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$182,793

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 11, 2019
Sold by
Soysouvanh Vichai and Katayama Chie
Bought by
Poon Lenny Kuan Fung
Seller's Agent
MICHELLE AUSTIN
WEICHERT REALTORS
Buyer's Agent
Brian and Collee Plick
COLDWELL BANKER REALTY
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$244,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 3, 2013
Sold by
Pietrucha Frank A and Pietrucha Dorothy
Bought by
Soysouvanh Vichai and Katayama Chie
Seller's Agent
Carolyn Fahey
FAHEY REALTORS
Buyer's Agent
MICHELLE AUSTIN
WEICHERT REALTORS
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$248,564
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 1998
Sold by
Walker Kathleen
Bought by
Pietrucha Frank and Pietrucha Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.09%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Mclaughlin Michael
Bought by
Walker Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.11%

Range of Values:

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Average Value
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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
Mcmanus Robert T $350,300 Fidelity National Title
Poon Lenny Kuan Fung $305,000 Fidelity National Ttl Ins Co
Soysouvanh Vichai $270,000 Fidelity National Title
Pietrucha Frank $149,000 --
Walker Kathleen $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmanus Robert T $280,240
Previous Owner Poon Lenny Kuan Fung $244,000
Previous Owner Soysouvanh Vichal $17,500
Previous Owner Soysouvanh Vichai $248,564
Previous Owner Pietrucha Frank $70,000
Previous Owner Walker Kathleen $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $350,300 +4.6% --
03/07/2022 03/07/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $334,900 +9.8% --
09/27/2019 09/27/19 Sold $305,000 -4.4% --
09/26/2019 09/26/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $319,000 +18.1% --
12/06/2013 12/06/13 Sold $270,000 -- --
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 $6,511 $366,000 $124,000 $242,000
2023 $6,473 $343,200 $124,000 $219,200
2022 $6,242 $310,400 $120,000 $190,400
2021 $6,271 $297,200 $120,000 $177,200
2020 $6,112 $291,900 $115,000 $176,900
2019 $5,579 $274,300 $125,000 $149,300
2018 $5,339 $266,300 $123,000 $143,300
2017 $5,400 $271,500 $123,000 $148,500
2016 $5,127 $262,800 $123,000 $139,800
2015 $5,098 $266,100 $120,000 $146,100
2014 $5,025 $259,800 $120,000 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3765452

Garden State MLS

APN: 02-08603-0000-00048-0000-CONDO