NOT LISTED FOR SALE

55 Lake Rd Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $968,000 - $1,169,492

4 Beds
3 Baths
1,046 Sq Ft
$994/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2022

Last sale price $730,000 $698 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,923 / mo

54 Days on Market

About This Home

As of March 2022

This home is located at 55 Lake Rd, Basking Ridge, NJ 07920 since 12 November 2021 and is currently estimated at $1,039,623, approximately $993 per square foot. This property was built in 1965. 55 Lake Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Elliot Smego

NEST SEEKERS NEW JERSEY LLC Brokerage Phone: 908-386-5542 Listed on: 11/12/2021

Last Buyer's Agent

EUNICE PROSPER

KELLER WILLIAMS METROPOLITAN

KELLER WILLIAMS METROPOLITAN

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 1.78 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

1.78 Acres

Listing Details

  • Year Built: 1965
  • County Name: Somerset
  • I D: 5115433
  • Attribution Contact: 908-386-5542
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.78AC
  • Total Acres: 1.78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 22, 2022
Sold by
Bracaglia Jr John F and Bracaglia Deborah J
Bought by
Seller's Agent
Elliot Smego
NEST SEEKERS NEW JERSEY LLC
Buyer's Agent
EUNICE PROSPER
KELLER WILLIAMS METROPOLITAN
List Price
$729,000
Sold Price
$730,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,039,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,623
Avg. Annual Appreciation
8.17%
Original Mortgage
$746,790
Interest Rate
3.69%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 1994
Sold by
Deangelis Joseph
Bought by
Bracaglia John and Bracaglia Deborah
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Basking Ridge, NJ

  • Anil Aggarwal Real Estate Agent - VYLLA HOME

    Anil Aggarwal

    Responds Quickly

    VYLLA HOME

    (848) 800-4002

    52 Total Sales

    1 in Bernards

    $380,000 Price

    Anil Aggarwal
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  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    656 Total Sales

    32 in Bernards

    $318K - $2.1M Price Range

    Michele Klug
     Section Image
  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    2 in Bernards

    $565K - $2.2M Price Range

    Lorraine First
     Section Image
  • Thomas Boniakowski Real Estate Agent - ERA BONIAKOWSKI REAL ESTATE

    Thomas Boniakowski

    ERA BONIAKOWSKI REAL ESTATE

    (862) 341-4441

    141 Total Sales

    1 in Bernards

    $536,000 Price

    Thomas Boniakowski
     Section Image
  • Christine Cura Real Estate Agent - Coldwell Banker Residential Brokerage - Flemington

    Christine Cura

    Coldwell Banker Residential Brokerage - Flemington

    (908) 952-0879

    31 Total Sales

    2 in Bernards

    $359K - $635K Price Range

    Christine Cura
     Section Image
  • Ann Behrens Real Estate Agent - COLDWELL BANKER REALTY

    Ann Behrens

    COLDWELL BANKER REALTY

    (973) 828-0588

    54 Total Sales

    2 in Bernards

    $274K - $1.4M Price Range

    Ann Behrens
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 Land Title Services
Bracaglia John $379,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $441,847
Closed Ramalbosa Dempsey $746,790
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $730,000 0.0% $698 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/20/2021 12/20/21 Off Market $730,000 -- --
11/12/2021 11/12/21 For Sale $729,000 -- $697 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,569 $913,800 $413,600 $500,200
2025 $13,417 $863,100 $395,600 $467,500
2024 $13,417 $754,200 $364,100 $390,100
2023 $13,357 $708,200 $364,100 $344,100
2022 $13,530 $672,800 $364,100 $308,700
2021 $13,909 $659,200 $364,100 $295,100
2020 $13,504 $644,900 $369,300 $275,600
2019 $13,477 $662,600 $369,300 $293,300
2018 $13,233 $660,000 $376,500 $283,500
2017 $12,960 $651,600 $376,500 $275,100
2016 $12,545 $643,000 $376,500 $266,500
2015 $12,239 $638,800 $367,500 $271,300
2014 $11,505 $594,900 $363,400 $231,500
Source: Public Records

Agents Affiliated with this Home

  • Elliot Smego Real Estate Agent - NEST SEEKERS NEW JERSEY LLC

    Seller's Agent in 2022

    Elliot Smego

    NEST SEEKERS NEW JERSEY LLC

    (787) 245-1677

    49 Total Sales

    Elliot Smego
    Section Image
  • EUNICE PROSPER Real Estate Agent - KELLER WILLIAMS METROPOLITAN

    Buyer's Agent in 2022

    EUNICE PROSPER

    KELLER WILLIAMS METROPOLITAN

    (646) 418-6392

    30 Total Sales

    EUNICE PROSPER
    Section Image
  • Emily Frisch Real Estate Agent - WEICHERT REALTORS

    Buyer Co-Listing Agent in 2022

    Emily Frisch

    WEICHERT REALTORS

    (973) 879-2900

    145 Total Sales

    Emily Frisch
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Map

Source: Garden State MLS

MLS Number: 3751648

Garden State MLS

APN: 02-02701-0000-00019

New Jersey Somerset County Basking Ridge 07920

55 Lake Rd, Basking Ridge, NJ

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