NOT LISTED FOR SALE

51 Ridgeview Dr Basking Ridge, NJ 07920

Estimated Value: $2,783,000 - $3,106,000

6 Beds
7 Baths
-- Sq Ft
2.08 Acres

Last Sold April 08, 2024

Last sale price $2,850,000

Est. 4% increase in value since last sale

Current estimated payment $20,068/month

19 Days on Market

About This Home

As of April 2024

This home is located at 51 Ridgeview Dr, Basking Ridge, NJ 07920 since 07 February 2024 and is currently estimated at $2,960,900. This property was built in 1996. 51 Ridgeview Dr is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

LISA BROWN

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 02/07/2024

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,158

Year Built

  • Built in 1996

Lot Details

  • 2.08 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,158

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Somerset
  • Street Number Display: 51
  • I D: 5268502
  • Modified: 2025-04-09
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 2.08AC
  • Total Acres: 2.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 2, 2024
Sold by
Shulman Edward and Shulman Stacey
Bought by
Wilson Kathleen Torchen and Wilson Sean Patrick
Seller's Agent
LISA BROWN
COLDWELL BANKER REALTY
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$2,899,000
Sold Price
$2,850,000
Premium/Discount to List
-$49,000
-1.69%
Views
120
Current Estimated Value
$2,967,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,323
Avg. Annual Appreciation
1.70%
Original Mortgage
$1,950,000
Outstanding Balance
$1,929,178
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$985,586

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 2, 2023
Sold by
Masood Rafeh and Masood Adila
Bought by
Shulman Edward and Shulman Stacey
Seller's Agent
LISA BROWN
COLDWELL BANKER REALTY
Buyer's Agent
LISA BROWN
COLDWELL BANKER REALTY
List Price
$2,699,000
Sold Price
$2,700,000
Premium/Discount to List
$1,000
0.04%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,800,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 23, 2021
Sold by
Mcmahon Richard and Mcmahon Caroline
Bought by
Masood Rafeh and Masood Adila
Seller's Agent
CATHERINE FRATES
BHHS FOX & ROACH
Buyer's Agent
RAMI ROSEN
COMPASS NEW JERSEY LLC
List Price
$2,650,000
Sold Price
$2,375,000
Premium/Discount to List
-$275,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Mar 21, 2008
Sold by
Flannery Joseph J and Flannery Katherine
Bought by
Mcmahon Richard and Mcmahon Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,940,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Burns Janet
Bought by
Flannery Joseph and Flannery Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.92%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Myers Joan
Bought by
Burns Thomas and Burns Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 9, 1996
Sold by
Bocina Crepeau Land Corp
Bought by
Myers Richard and Myers Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.18%
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
Wilson Kathleen Torchen $2,850,000 None Listed On Document
Shulman Edward $2,700,000 None Listed On Document
Masood Rafeh $2,375,000 Surety Ttl Agcy Coastal Regi
Mcmahon Richard $2,425,000 Chicago Title Insurance Co
Flannery Joseph $1,910,000 --
Burns Thomas $1,810,000 --
Myers Richard $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kathleen Torchen $1,950,000
Previous Owner Shulman Edward $1,800,000
Previous Owner Mcmahon Richard $1,940,000
Previous Owner Flannery Joseph $999,999
Previous Owner Burns Thomas $1,000,000
Previous Owner Myers Richard $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $2,850,000 -1.7% --
02/26/2024 02/26/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $2,899,000 +7.4% --
06/20/2023 06/20/23 Sold $2,700,000 0.0% --
05/05/2023 05/05/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $2,699,000 +13.6% --
08/30/2021 08/30/21 Sold $2,375,000 -10.4% $402 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $2,650,000 -- $448 / 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 $44,158 $2,482,200 $537,700 $1,944,500
2023 $39,506 $2,094,700 $525,200 $1,569,500
2022 $38,456 $1,912,300 $525,200 $1,387,100
2021 $30,071 $1,518,100 $475,200 $1,042,900
2020 $31,286 $1,494,100 $475,200 $1,018,900
2019 $33,380 $1,641,100 $475,200 $1,165,900
2018 $35,296 $1,760,400 $525,200 $1,235,200
2017 $35,814 $1,800,600 $500,200 $1,300,400
2016 $39,527 $2,026,000 $500,200 $1,525,800
2015 $38,862 $2,028,300 $500,200 $1,528,100
2014 $38,371 $1,984,000 $500,200 $1,483,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    LISA BROWN

    COLDWELL BANKER REALTY

  • S

    Buyer's Agent in 2024

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    10 in this area

    366 Total Sales

    Section Image

  • C

    Seller's Agent in 2021

    CATHERINE FRATES

    BHHS FOX & ROACH

  • R

    Buyer's Agent in 2021

    RAMI ROSEN

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3885000

Garden State MLS

APN: 02-04301-0000-00018

New Jersey Somerset County Basking Ridge 07920

51 Ridgeview Dr, Basking Ridge, NJ

This home is located at 51 Ridgeview Dr, Basking Ridge, NJ 07920 since 07 February 2024 and is currently estimated at $2,960,900. This property was built in 1996. 51 Ridgeview Dr is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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