NOT LISTED FOR SALE

54 Morgan Ln Basking Ridge, NJ 07920

Estimated Value: $1,518,000 - $1,689,123

3 Beds
5 Baths
-- Sq Ft
$1,300/mo HOA Fee

Last Sold October 01, 2020

Last sale price $1,200,000

Est. 34% increase in value since last sale

Current estimated payment $12,128/month

75 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Private Pool
  • Mount Prospect Elementary School Rated A
  • Home Theater
  • Clubhouse

About This Home

As of October 2020

Stunning home situated in Basking Ridge's premier & luxury townhome subdivision, St. Andrews with spectacular vistas of the golf course. Sundrenched rooms & luxury appointments make this home very special. This home enjoys full use of The Hills amenities including pool, club house, and more. From the moment you enter this gracious home, a two-story oak stiarcase greets you with an air of sophistication that continues throughout. Beautiful millwork, hardwood flooring, detailed columns and tasteful architectural elements create the perfect space to call home. Entertain a crowd or curl up by the fireplace with a good book in this home's generously-sized family room. This fabulous room delivers style and function with coffered ceilings, striking millwork, oversized windows and a hand-hewn mantle on stone f/p.

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Listed on: 05/14/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Maren Dinsmore

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,428

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Wood Shingle Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00017-0002-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,428

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,300 per month

Parking

2

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2002
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: On file
  • Street Number Display: 54
  • Directions: Somerville Road to Allen Road to Independence to Morgan Lane
  • I D: 4979916
  • Modified: 2021-10-02
  • Number Images: 25
  • Section Subdiv Development: St. Andrews
  • First Name: MARIE
  • First Name3: MAREN
  • Last Name: YOUNG
  • Last Name3: DINSMORE
  • Office Phone: 908-812-2010
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Smoke Detector, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Media Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 27x14
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 11x07
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 12x12
  • Other Room2 Level: First
  • Other Room 3: Media Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Kitchen, Laundry Room, Living Room, MudRoom, Office, Pantry, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Stone, Wood, Wood Shingle
  • Exterior Features: Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Finished Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 1300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection
  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: MTPROSPECT
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 688600
  • Assessed Land Value: 364900
  • Assessment: 1053500
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Cul-De-Sac, Private Road, Wooded Lot
  • Lot Identifier: 17.2
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 4200
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21428
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00017-0002-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 24, 2020
Sold by
Smith Jeanne Reinig and Smith Nicholas V
Bought by
Fischer Steven K and Fischer Linda J
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
List Price
$1,229,000
Sold Price
$1,200,000
Premium/Discount to List
-$29,000
-2.36%
Current Estimated Value
$1,612,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,781
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Dec 7, 2006
Sold by
Reinig Jeanne F
Bought by
Smith Nicholas V and Smith Jeanne Reinig

Purchase Details

Closed on
Jul 31, 2002
Sold by
Highland Greens Llc
Bought by
Reinig Jeanne
Source: Public Records

Range of Values:

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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
Fischer Steven K $1,200,000 Westcor Land Title Ins Co
Fischer Steven K $1,200,000 Westcor Land Title
Smith Nicholas V -- --
Reinig Jeanne $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Steven K $720,000
Closed Fischer Steven K $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $1,200,000 -2.4% --
07/28/2020 07/28/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,229,000 -- --
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 $22,129 $1,243,900 $395,000 $848,900
2023 $21,957 $1,164,200 $395,000 $769,200
2022 $21,958 $1,091,900 $395,000 $696,900
2021 $23,967 $1,139,800 $390,000 $749,800
2020 $21,650 $1,033,900 $364,900 $669,000
2019 $21,428 $1,053,500 $364,900 $688,600
2018 $21,123 $1,053,500 $364,900 $688,600
2017 $21,113 $1,061,500 $364,900 $696,600
2016 $21,205 $1,086,900 $382,700 $704,200
2015 $21,862 $1,141,000 $391,600 $749,400
2014 $22,382 $1,157,300 $391,600 $765,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3632667

Garden State MLS

APN: 02-10201-0000-00017-02-CONDO