$2,260,000
SOLD AUG 15, 2025

52 Independence Dr Basking Ridge, NJ 07920

5 Beds
5 Baths
-- Sq Ft
0.77 Acres

Recently Sold

8% Above List Price

11 Days on Market

About This Home

As of August 2025

This home is located at 52 Independence Dr, Basking Ridge, NJ 07920 and is currently priced at $2,260,000. This property was built in 1999. 52 Independence Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Karen Gray

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 06/04/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Nishoo Sethi

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.77 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • County Name: Somerset
  • I D: 5361920
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 0.77AC
  • Total Acres: 0.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Aug 13, 2025
Sold by
Kottkamp Jeffrey M and Kottkamp Angela M
Bought by
Joshi Jai Prakash and Thakare Manaswini
Seller's Agent
Karen Gray
COLDWELL BANKER REALTY
Buyer's Agent
Nishoo Sethi
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$2,089,000
Sold Price
$2,260,000
Premium/Discount to List
$171,000
8.19%
Views
18
Current Estimated Value
$2,238,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,257
Avg. Annual Appreciation
-2.12%
Original Mortgage
$1,100,000
Outstanding Balance
$1,098,796
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,139,947

Purchase Details

Closed on
Mar 12, 1999
Sold by
Hill Independence
Bought by
Kottkamp Jeffrey and Kottkamp Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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

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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 Type Sale Price Title Company
Bargain Sale Deed $2,260,000 Westcor Land Title
Deed $796,617 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $2,260,000 +8.2% --
06/16/2025 06/16/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $2,089,000 -- --
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 $29,103 $1,815,700 $507,300 $1,308,400
2024 $29,103 $1,635,900 $428,500 $1,207,400
Source: Public Records

Agents Affiliated with this Home

  • Karen Gray

    Seller's Agent in 2025

    Karen Gray

    COLDWELL BANKER REALTY

    (908) 507-3563

    53 in this area

    84 Total Sales

    Karen Gray
    Section Image

  • N

    Buyer's Agent in 2025

    Nishoo Sethi

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 766-0085

    19 in this area

    24 Total Sales

    Nishoo Sethi
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3967219

Garden State MLS

APN: 02-10201-0000-00015

New Jersey Somerset County Basking Ridge 07920

52 Independence Dr, Basking Ridge, NJ

Sold

Detached

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