NOT LISTED FOR SALE

53 Castle Way Basking Ridge, NJ 07920

Estimated Value: $962,000 - $1,053,000

5 Beds
3 Baths
1,330 Sq Ft
$766/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $952,500 $716 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,787/month

10 Days on Market

About This Home

As of November 2023

This home is located at 53 Castle Way, Basking Ridge, NJ 07920 since 02 August 2023 and is currently estimated at $1,019,390, approximately $766 per square foot. This property was built in 1959. 53 Castle Way is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

BARBARA COMMER

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 08/02/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Sharon Fitzgerald

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,563

Year Built

  • Built in 1959

Lot Details

  • 1 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,563

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Somerset
  • Street Number Display: 53
  • I D: 5231417
  • Modified: 2024-11-02
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.00AC
  • Total Acres: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 30, 2023
Sold by
Nafie Scott Peter and Nafie Donna Jean
Bought by
Kwok Richard and Tong Qing
Seller's Agent
BARBARA COMMER
COLDWELL BANKER REALTY
Buyer's Agent
Sharon Fitzgerald
COLDWELL BANKER REALTY
List Price
$735,000
Sold Price
$952,500
Premium/Discount to List
$217,500
29.59%
Views
97
Current Estimated Value
$1,019,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,890
Avg. Annual Appreciation
5.97%
Original Mortgage
$550,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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 Buyer Sale Price Title Company
Kwok Richard $952,500 Realsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwok Richard $550,000
Previous Owner Nafie Scott P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $952,500 +29.6% $716 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $735,000 -- $553 / 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 $13,563 $762,400 $410,000 $352,400
2023 $12,389 $656,900 $410,000 $246,900
2022 $12,953 $644,100 $410,000 $234,100
2021 $12,848 $608,900 $405,000 $203,900
2020 $12,652 $604,200 $405,000 $199,200
2019 $12,377 $608,500 $415,000 $193,500
2018 $12,000 $598,500 $405,000 $193,500
2017 $11,860 $596,300 $400,000 $196,300
2016 $11,076 $567,700 $385,000 $182,700
2015 $10,938 $567,700 $385,000 $182,700
2014 $10,751 $555,900 $385,000 $170,900
Source: Public Records

Agents Affiliated with this Home

  • BARBARA COMMER

    Seller's Agent in 2023

    BARBARA COMMER

    COLDWELL BANKER REALTY

    (862) 345-1063

    14 in this area

    29 Total Sales

    BARBARA COMMER
    Section Image
  • Sharon Fitzgerald

    Buyer's Agent in 2023

    Sharon Fitzgerald

    COLDWELL BANKER REALTY

    (973) 879-0696

    3 in this area

    11 Total Sales

    Sharon Fitzgerald
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3857539

Garden State MLS

APN: 02-03303-0000-00007

New Jersey Somerset County Basking Ridge 07920

53 Castle Way, Basking Ridge, NJ

This home is located at 53 Castle Way, Basking Ridge, NJ 07920 since 02 August 2023 and is currently estimated at $1,019,390, approximately $766 per square foot. This property was built in 1959. 53 Castle Way is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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