NOT LISTED FOR SALE

5 Gelsey Ln Basking Ridge, NJ 07920

Estimated Value: $713,391 - $771,000

-- Bed
-- Bath
1,735 Sq Ft
$426/Sq Ft Est. Value

About This Home

This home is located at 5 Gelsey Ln, Basking Ridge, NJ 07920 and is currently estimated at $739,598, approximately $426 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
$739,598

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
$623,213

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%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
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

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 $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

New Jersey Somerset County Basking Ridge 07920

5 Gelsey Ln, Basking Ridge, NJ

This home is located at 5 Gelsey Ln, Basking Ridge, NJ 07920 and is currently estimated at $739,598, approximately $426 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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