Seller's Agent in 2022
Jennifer Blanchard
BHHS FOX & ROACH
(908) 432-0318
138 in this area
221 Total Sales
54 Edward Ct Basking Ridge, NJ 07920
Estimated Value: $2,192,000 - $2,673,000
5
Beds
7
Baths
--
Sq Ft
2.11
Acres
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 2022Nestled 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 Buyer's Agent
THERESA BENEVENTINE
TURPIN REAL ESTATE, INC.
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 *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2022
Closed on
Apr 14, 2022
Sold by
Depalma Joseph J and Depalma Diane
Bought by
Naik Shivang and Naik Nicicita R
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
THERESA BENEVENTINE
TURPIN REAL ESTATE, INC.
List Price
$1,699,000
Sold Price
$1,850,000
Premium/Discount to List
$151,000
8.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,676
Avg. Annual Appreciation
8.82%
Original Mortgage
$1,250,000
Outstanding Balance
$1,173,033
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,301,643
Purchase Details
Closed on
Dec 29, 2005
Sold by
Edward Court Llc
Bought by
Depalma Joseph J and Depalma Diane
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naik Shivang | $1,850,000 | Hilltop Title | |
| Depalma Joseph J | $2,240,326 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naik Shivang | $1,250,000 |
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
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 | $35,077 | $2,104,400 | $519,900 | $1,584,500 |
| 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
-
Jennifer Blanchard
-
T
Buyer's Agent in 2022
THERESA BENEVENTINE
TURPIN REAL ESTATE, INC.
Map
Source: Garden State MLS
MLS Number: 3764788
APN: 02-03901-0000-00012-03
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