NOT LISTED FOR SALE

489 Lyons Rd Basking Ridge, NJ 07920

Estimated Value: $799,000 - $845,000

3 Beds
2 Baths
884 Sq Ft
$930/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $578,000 $654 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,395/month

2 Days on Market

About This Home

As of April 2021

This home is located at 489 Lyons Rd, Basking Ridge, NJ 07920 since 22 February 2021 and is currently estimated at $822,402, approximately $930 per square foot. This property was built in 1956. 489 Lyons Rd is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, Cedar Hill Elementary School, and William Annin Middle School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 02/22/2021

BHHS FOX & ROACH

Last Buyer's Agent

Alyssa Stanek

CORCORAN SAWYER SMITH

CORCORAN SAWYER SMITH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,971

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,971

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • County Name: Somerset
  • Street Number Display: 489
  • I D: 5041828
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .49AC
  • Total Acres: 0.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 7, 2021
Sold by
Modugno Gerald C and Last Will & Testament Of Elean
Bought by
Morano Garrett R and Weber Sarah L
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
List Price
$575,000
Sold Price
$578,000
Premium/Discount to List
$3,000
0.52%
Current Estimated Value
$822,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,402
Avg. Annual Appreciation
8.18%
Original Mortgage
$462,400
Outstanding Balance
$436,688
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$379,086
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
Morano Garrett R $578,000 Simplicity Title Llc
Moran Garrett R $578,000 Simplicity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Garrett R $462,400
Closed Moran Garrett R $462,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $578,000 +0.5% $654 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $575,000 -- $650 / 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
2024 $10,971 $616,700 $296,800 $319,900
2023 $10,737 $569,300 $278,800 $290,500
2022 $10,988 $546,400 $278,800 $267,600
2021 $10,615 $503,100 $265,300 $237,800
2020 $9,477 $452,600 $265,300 $187,300
2019 $9,114 $448,100 $269,700 $178,400
2018 $8,505 $424,200 $262,800 $161,400
2017 $8,223 $413,400 $251,600 $161,800
2016 $8,110 $415,700 $251,600 $164,100
2015 $7,933 $427,100 $260,600 $166,500
2014 $7,705 $411,300 $269,600 $141,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanchard

    Seller's Agent in 2021

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    137 in this area

    219 Total Sales

    Jennifer Blanchard
    Section Image
  • Alyssa Stanek

    Buyer's Agent in 2021

    Alyssa Stanek

    CORCORAN SAWYER SMITH

    (908) 264-8851

    2 in this area

    187 Total Sales

    Alyssa Stanek
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3693511

Garden State MLS

APN: 02-07501-0000-00006

New Jersey Somerset County Basking Ridge 07920

489 Lyons Rd, Basking Ridge, NJ

This home is located at 489 Lyons Rd, Basking Ridge, NJ 07920 since 22 February 2021 and is currently estimated at $822,402, approximately $930 per square foot. This property was built in 1956. 489 Lyons Rd is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, Cedar Hill Elementary School, and William Annin Middle School.

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