NOT LISTED FOR SALE

5 Talmadge Ln Basking Ridge, NJ 07920

Estimated Value: $1,364,000 - $1,555,000

4 Beds
3.5 Baths
-- Sq Ft
0.47 Acres

Last Sold November 19, 2021

Last sale price $1,050,000

Est. 38% increase in value since last sale

Current estimated payment $9,859/month

94 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Deck
  • Mount Prospect Elementary School Rated A
  • Clubhouse
  • Recreation Room

About This Home

As of November 2021

This beautiful Picasso model home is located on a cul-de-sac in the desirable Beacon Crest II development of the Basking Ridge Hills. Its display includes a grand 2-story entrance foyer w a Palladium window, a brightly lit LR & DR, a 1st floor office/library, w double french doors, built in bookcases as well as a large open FR w a gas fireplace. The kitchen features a center island, double ovens & HWF adjacent to the eat-in-area which opens out onto an oversized composite deck, perfect for entertaining. The 2nd floor offers a spacious master bedroom w high ceiling, His & Her walk-in closets, a large ensuite bath w dual vanities & jetted tub. 3 other bedrooms complete the 2nd level. The finished walk-out basement boasts a full bath, storage, huge Rec room that walks out onto a paver patio to a lush backyard.

Last Agent to Sell the Property

GEORGINA GOH

WEICHERT REALTORS Listed on: 07/02/2021

Co-Listed By

JOHN MURPHY

WEICHERT REALTORS

Last Buyer's Agent

Gregory Asch

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,838

Year Built

  • Built in 1996

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • High Ceiling
  • Skylights
  • Thermal Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10301-0000-00046-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,838

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer and Dryer
  • Street Number Display: 5
  • Directions: Allen Rd to Green Mountain. Left on Talmadge Ln
  • I D: 5085321
  • Modified: 2022-11-20
  • Number Images: 28
  • Section Subdiv Development: Beacon Crest II
  • First Name: GEORGINA
  • First Name2: JOHN
  • First Name3: GREGORY
  • Last Name: GOH
  • Last Name2: MURPHY
  • Last Name3: ASCH
  • Office Phone2: 908 766-7447
  • Office Phone3: 908-522-9444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Sump Pump, OvnWElec
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Skylight, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 15x13
  • Kitchen Level: First
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 13x11
  • Other Room1 Level: First
  • Other Room 2: Breakfast
  • Other Room2 Dim: 13x12
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 33x32
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 14x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-7447

Exterior Features

  • Exterior Description: Clapboard, Stone
  • Exterior Features: Deck, Patio, Thermal Windows/Doors
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area
  • Home Warranty: Yes

Schools

  • Elementary School: MTPROSPECT
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.47AC
  • Assessed Improvement Value: 566900
  • Assessed Land Value: 369400
  • Assessment: 936300
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 46
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.47
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19838
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10301-0000-00046-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Nov 17, 2021
Sold by
Tozzi William and Tozzi Phyllis
Bought by
Sigdyal Pradip and Sigdyal Sristi
Seller's Agent
GEORGINA GOH
WEICHERT REALTORS
Buyer's Agent
Gregory Asch
RE/MAX ACHIEVERS
List Price
$1,050,000
Sold Price
$1,050,000
Total Days on Market
94
Current Estimated Value
$1,445,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,919
Avg. Annual Appreciation
10.06%
Original Mortgage
$175,000
Outstanding Balance
$162,558
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,311,724

Purchase Details

Closed on
Oct 1, 2002
Sold by
Cordivari William
Bought by
Tozzi William and Tozzi Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.27%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Section 13 Of The Hills
Bought by
Cordivari William and Cordivari Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
7.83%
Source: Public Records

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Range of Values:

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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
Sigdyal Pradip $1,050,000 Fidelity National Ttl Ins Co
Tozzi William $901,000 --
Cordivari William $556,442 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sigdyal Pradip $175,000
Open Sigdyal Pradip $769,895
Previous Owner Tozzi William A $650,000
Previous Owner Tozzi Phyllis B $100,000
Previous Owner Tozzi William $530,000
Previous Owner Cordivari William $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,050,000 0.0% --
10/12/2021 10/12/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,050,000 0.0% --
09/22/2021 09/22/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $1,050,000 -4.5% --
07/09/2021 07/09/21 For Sale $1,100,000 -- --
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 $20,453 $1,149,700 $399,400 $750,300
2023 $20,422 $1,082,800 $399,400 $683,400
2022 $20,120 $1,000,500 $369,400 $631,100
2021 $19,756 $936,300 $369,400 $566,900
2020 $19,839 $947,400 $359,400 $588,000
2019 $19,793 $973,100 $366,800 $606,300
2018 $19,757 $985,400 $379,100 $606,300
2017 $19,152 $962,900 $379,100 $583,800
2016 $19,490 $999,000 $379,100 $619,900
2015 $18,729 $977,500 $379,100 $598,400
2014 $18,274 $944,900 $379,100 $565,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3724743

Garden State MLS

APN: 02-10301-0000-00046