NOT LISTED FOR SALE

5 Lafayette Ln Basking Ridge, NJ 07920

Estimated Value: $1,012,251 - $1,114,000

4 Beds
3 Baths
-- Sq Ft
0.94 Acres

Last Sold August 27, 2025

Last sale price $1,100,000

Est. 2% decrease in value since last sale

Current estimated payment $6,896/month

8 Days on Market

About This Home

As of August 2025

This home is located at 5 Lafayette Ln, Basking Ridge, NJ 07920 since 13 May 2025 and is currently estimated at $1,081,813. This property was built in 1972. 5 Lafayette Ln is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 05/13/2025

COLDWELL BANKER REALTY

Co-Listed By

Karen Gray

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808

Last Buyer's Agent

Kelly Peterpaul

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,399

Year Built

  • Built in 1972

Lot Details

  • 0.94 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,399

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • County Name: Somerset
  • I D: 5355736
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.20

Lot Info

  • Lot Size: 0.94AC
  • Total Acres: 0.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Aug 8, 2025
Sold by
Nishimura James R and Nishimura Therese
Bought by
Nargotra Sandeep and Arora Minakshi
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
List Price
$970,000
Sold Price
$1,100,000
Premium/Discount to List
$130,000
13.4%
Views
72
Current Estimated Value
$1,081,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,187
Avg. Annual Appreciation
-6.45%
Original Mortgage
$880,000
Outstanding Balance
$879,241
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$202,572

Purchase Details

Closed on
Nov 13, 1996
Sold by
Smith Gary
Bought by
Nishumura James and Nishimura Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.55%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Wood Peter
Bought by
Smith Gary and Smith Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Nargotra Sandeep $1,100,000 Fidelity National Title
Nishumura James $368,500 --
Smith Gary $359,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nargotra Sandeep $880,000
Previous Owner Nishumura James $207,000
Previous Owner Smith Gary $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Sold $1,100,000 +13.4% --
05/23/2025 05/23/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $970,000 -- --
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
2025 $14,399 $935,100 $375,000 $560,100
2024 $14,399 $809,400 $334,500 $474,900
2023 $14,011 $742,900 $334,500 $408,400
2022 $14,304 $711,300 $334,500 $376,800
2021 $13,719 $679,600 $316,500 $363,100
2020 $13,776 $657,900 $319,600 $338,300
2019 $13,719 $674,500 $319,600 $354,900
2018 $13,540 $675,300 $319,600 $355,700
2017 $13,078 $657,500 $319,600 $337,900
2016 $12,912 $661,800 $319,600 $342,200
2015 $12,943 $675,500 $319,600 $355,900
2014 $12,890 $666,500 $319,600 $346,900
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2025

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    111 in this area

    141 Total Sales

    Marie Young
    Section Image
  • Karen Gray

    Seller Co-Listing Agent in 2025

    Karen Gray

    COLDWELL BANKER REALTY

    (908) 507-3563

    55 in this area

    86 Total Sales

    Karen Gray
    Section Image
  • Kelly Peterpaul

    Buyer's Agent in 2025

    Kelly Peterpaul

    COLDWELL BANKER REALTY

    (908) 410-6777

    93 in this area

    130 Total Sales

    Kelly Peterpaul
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3962654

Garden State MLS

APN: 02-07703-0000-00004

New Jersey Somerset County Basking Ridge 07920

5 Lafayette Ln, Basking Ridge, NJ

Not Listed for Sale

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