5 Gelsey Ln Basking Ridge, NJ 07920
Estimated Value: $717,270 - $820,000
--
Bed
--
Bath
1,735
Sq Ft
$440/Sq Ft
Est. Value
About This Home
This home is located at 5 Gelsey Ln, Basking Ridge, NJ 07920 and is currently estimated at $762,818, approximately $439 per square foot. 5 Gelsey Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2001
Sold by
Lakos John
Bought by
Lane Loretta
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$116,385
Interest Rate
6.84%
Estimated Equity
$646,433
Purchase Details
Closed on
Sep 15, 2000
Sold by
Petrell Paul
Bought by
Lakos John and Lakos Cathry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.94%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lane Loretta | $365,000 | -- | |
| Lakos John | $815,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lane Loretta | $292,000 | |
| Previous Owner | Lakos John | $650,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,181 | $673,800 | $286,400 | $387,400 |
| 2024 | $11,181 | $628,500 | $251,000 | $377,500 |
| 2023 | $11,218 | $594,800 | $239,000 | $355,800 |
| 2022 | $10,976 | $545,800 | $239,000 | $306,800 |
| 2021 | $10,818 | $512,700 | $239,000 | $273,700 |
| 2020 | $10,313 | $492,500 | $236,000 | $256,500 |
| 2019 | $10,392 | $510,900 | $236,000 | $274,900 |
| 2018 | $10,031 | $500,300 | $236,000 | $264,300 |
| 2017 | $9,999 | $502,700 | $236,000 | $266,700 |
| 2016 | $9,985 | $511,800 | $236,000 | $275,800 |
| 2015 | $9,626 | $502,400 | $236,000 | $266,400 |
| 2014 | $8,775 | $453,700 | $236,000 | $217,700 |
Source: Public Records
Map
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