$2,375,000
SOLD AUG 30, 2021

51 Ridgeview Dr Basking Ridge, NJ 07920

5 Beds
6.5 Baths
5,912 Sq Ft
2.08 Acres

Recently Sold

$402 Per Sq Ft

10% Below List Price

41 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Colonial Architecture
  • Oak Street Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace

About This Home

As of April 2024

Dreams do come true! Timeless, award winning design and appeal describe this breathtaking classic colonial. Peacefulness and privacy prevail upon an elevated level lot with mountain views, green space & sumptuous resort like pool and spa. 10ft ceilings and hardwood floors throughout. NYC designer complete kitchen renovation created extraordinary makeover including custom white cabinetry, chef grade appliances and custom marble island and counters. Formal wet & dry bars provide seamless transition to formal dining room. Soothing formal living room connects to laid back family room with coffered ceiling and stone fireplace. Richly paneled office and first full guest suite with full bath create work from home ease. Finished basement and exercise room provide recreational spaces. Top rated Basking Ridge schools!

Last Agent to Sell the Property

CATHERINE FRATES

BHHS FOX & ROACH Listed on: 06/01/2021

Last Buyer's Agent

RAMI ROSEN

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,286

Year Built

  • Built in 1996

Lot Details

  • 2.08 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • 5,912 Sq Ft Home
  • Wet Bar
  • Dry Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Septic System

Community Details

  • Fitness Center
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2702-04301-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,286

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: DR Chandelier
  • Renovated Year: 2011
  • Street Number Display: 51
  • Directions: Mt. Airy Rd. to Meeker to Ridgeview to #51 on right.
  • I D: 5074501
  • Modified: 2022-08-31
  • Number Images: 5
  • Section Subdiv Development: Ridgeview Estates
  • First Name: CATHERINE
  • First Name3: RAMI
  • Last Name: FRATES
  • Last Name3: ROSEN
  • Office Phone: 908-580-5000
  • Office Phone3: 201-455-6404
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Central Vacuum, CookGas, Dishwasher, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, WineRefr
  • Interior Amenities: Bar-Dry, Bar-Wet, Beam Ceilings, Blinds, Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Security System, Skylight, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 26x15
  • Kitchen Level: First
  • Living Room Dim: 18x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x18
  • Other Room1 Level: Second
  • Other Room 2: SittngRm
  • Other Room2 Dim: 16x17
  • Other Room2 Level: Second
  • Other Room 3: Office
  • Other Room3 Dim: 15x12
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 29x16
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, LivDinRm, MudRoom, Office, Pantry, Powder Room, SittngRm
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 5912
  • Ground Level Rooms: Bath(s) Other, Exercise Room, GameRoom, Outside Entrance, Storage Room, Utility Room
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Hot Tub, Metal Fence, Patio, Privacy Fence, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool, Outdoor Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop, Paver Block

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Septic, Septic 5+ Bedroom Town Verified
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Exercise Room, Pool-Outdoor

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 2.08AC
  • Assessed Improvement Value: 1018900
  • Assessed Land Value: 475200
  • Assessment: 1494100
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Cul-De-Sac, Level Lot, Open Lot, Wooded Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 31286
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-04301-0000-00018-0000-
  • 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: OAK ST

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
1.72%
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

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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 Type Sale Price Title Company
Bargain Sale Deed $2,850,000 None Listed On Document
Bargain Sale Deed $2,700,000 None Listed On Document
Deed $2,375,000 Surety Ttl Agcy Coastal Regi
Deed $2,425,000 Chicago Title Insurance Co
Deed $1,910,000 --
Deed $1,810,000 --
Deed $999,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,950,000 New Conventional
Previous Owner $1,800,000 New Conventional
Previous Owner $1,940,000 Purchase Money Mortgage
Previous Owner $999,999 No Value Available
Previous Owner $1,000,000 No Value Available
Previous Owner $750,000 No Value Available
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

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Map

Source: Garden State MLS

MLS Number: 3716345

Garden State MLS

APN: 02-04301-0000-00018