NOT LISTED FOR SALE

54 Edward Ct Basking Ridge, NJ 07920

Estimated Value: $2,212,000 - $2,715,000

5 Beds
7 Baths
-- Sq Ft
2.11 Acres

Last Sold April 19, 2022

Last sale price $1,850,000

Est. 28% increase in value since last sale

Current estimated payment $16,211/month

9 Days on Market

Highlights

  • Sauna
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Cedar Hill Elementary School Rated A
  • Colonial Architecture
  • Recreation Room

About This Home

As of April 2022

Nestled at the end of a cul-de-sac in a most convenient location, this Bocina built colonial is in the heart of Basking Ridge. Expansive floor plan w/custom moldings, hardwood floors & walls of windows and a stunning finished walkout basement: wine cellar, wet bar, sauna! The huge kitchen has two dishwashers, a large center island with sink and a beverage counter. It is open to the family room which boasts a 10 foot coffered ceiling and loads of windows overlooking a private yard. The finished closet in the service area allows for pure organization! Not one but TWO offices - perfect for remote work. An upstairs laundry room, a back staircase, three fireplaces including one in the master bedroom (all three are wood burning with gas inserts). The finished walkout basement has a 1600-bottle wine cellar, a sauna and a wet bar with dishwasher, microwave, fridge and ice maker. TESLA charger in the garage! You will not find another Basking Ridge home with this much square footage, public water, public sewer AND a location that is extra convenient to all three public schools. Near NJ Transit, shopping, 287 and 78.

Last Listed By

Jennifer Blanchard

BHHS FOX & ROACH Listed on: 02/19/2022

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,879

Year Built

  • Built in 2005

Lot Details

  • 2.11 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Storage Room
  • Utility Room
  • Sauna
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

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
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup
  • Water Tap or Transfer Fee
  • Gas Water Heater

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 2702-03901-0000-00012-0003-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,879

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Somerset
  • Easements Description: conservation
  • Street Number Display: 54
  • Directions: Lake Road to Brook Ridge, right onto Woods End, right onto Edward, follow to the end of the cul-de-sac.
  • I D: 5130730
  • Modified: 2023-04-20
  • Number Images: 45
  • First Name: JENNIFER A.
  • First Name3: THERESA
  • Last Name: BLANCHARD
  • Last Name3: BENEVENTINE
  • Office Phone: 908-580-5000
  • Office Phone3: 908-766-6500
  • Attribution Contact: 908-580-5000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 15
  • 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: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Great Room, Rec Room, Sauna, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 27x19
  • Kitchen Level: First
  • Living Room Dim: 15x14
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 17x14
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x16
  • Other Room2 Level: Second
  • Other Room 3: Bedroom/Office
  • Other Room3 Dim: 15x14
  • Other Room3 Level: Second
  • Other Room 4: Rec Room
  • Other Room4 Dim: 26x19
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, Office, Pantry, Porch, Powder Room, Storage Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic
  • Phone: 908-580-5000

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Barbeque, Curbs, Open Porch(es), Patio, Storage Shed, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Crushed Stone

Utilities

  • Cooling: 3 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Sauna

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 2.11AC.
  • Assessed Improvement Value: 977500
  • Assessed Land Value: 486000
  • Assessment: 1463500
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Wooded Lot
  • Lot Identifier: 12.03
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.11
  • Zoning: R2

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30879
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-03901-0000-00012-0003-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2005
Sold by
Edward Court Llc
Bought by
Depalma Joseph J and Depalma Diane
Total Days on Market
9
Current Estimated Value
$2,373,978

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
Depalma Joseph J $2,240,326 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depalma Joseph J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $1,850,000 +8.9% --
03/07/2022 03/07/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $1,699,000 -- --
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 $35,077 $1,971,700 $483,900 $1,487,800
2023 $33,307 $1,766,000 $486,000 $1,280,000
2022 $31,679 $1,575,300 $486,000 $1,089,300
2021 $30,879 $1,463,500 $486,000 $977,500
2020 $30,729 $1,467,500 $486,000 $981,500
2019 $30,726 $1,510,600 $504,100 $1,006,500
2018 $32,297 $1,610,800 $507,200 $1,103,600
2017 $32,276 $1,622,700 $507,200 $1,115,500
2016 $36,609 $1,876,400 $535,300 $1,341,100
2015 $37,117 $1,937,200 $535,300 $1,401,900
2014 $36,438 $1,884,100 $535,300 $1,348,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3764788

Garden State MLS

APN: 02-03901-0000-00012-03