NOT LISTED FOR SALE

55 Newell Dr Basking Ridge, NJ 07920

Estimated Value: $690,000 - $738,078

4 Beds
2 Baths
1,201 Sq Ft
$589/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $620,000 $516 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,836/month

7 Days on Market

About This Home

As of August 2023

This home is located at 55 Newell Dr, Basking Ridge, NJ 07920 since 12 June 2023 and is currently estimated at $707,020, approximately $588 per square foot. This property was built in 1965. 55 Newell Dr is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Listed By

Christopher Carr

HOMEZU Brokerage Phone: 855-885-4663 Listed on: 06/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,548

Year Built

  • Built in 1965

Lot Details

  • 1.01 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,548

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Somerset
  • Street Number Display: 55
  • I D: 5226792
  • Modified: 2024-08-12
  • Number Images: 1
  • Attribution Contact: 855-885-4663
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 1.01AC
  • Total Acres: 1.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 11, 2023
Sold by
Amin Bhaduri
Bought by
Babinski Kuba and Rybaltowski Dominika
Seller's Agent
Christopher Carr
HOMEZU
Buyer's Agent
Alexis Rizzuto
RAREFIED REAL ESTATE PARTNERS LLC
List Price
$620,000
Sold Price
$620,000
Total Days on Market
7
Views
1
Current Estimated Value
$707,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,020
Avg. Annual Appreciation
7.57%
Original Mortgage
$558,000
Outstanding Balance
$548,254
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$158,766

Purchase Details

Closed on
Nov 18, 2019
Sold by
Vazquez Emily and Vazquez Mr
Bought by
Amin Bhaduri

Purchase Details

Closed on
Jul 30, 2007
Sold by
55 Newell Llc
Bought by
Vazquez Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,441
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2007
Sold by
Peppe George
Bought by
55 Newell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,441
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Range of Values:

Collateral Analytics

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ICE

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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
Babinski Kuba $620,000 Investment Title
Amin Bhaduri $410,000 None Available
Vazquez Emily $560,000 None Available
55 Newell Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babinski Kuba $558,000
Previous Owner Vazquez Emily $503,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $620,000 0.0% $516 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $620,000 -- $516 / 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 $10,548 $592,900 $302,300 $290,600
2023 $9,015 $478,000 $257,300 $220,700
2022 $9,255 $460,200 $257,300 $202,900
2021 $10,170 $482,000 $290,400 $191,600
2020 $9,940 $474,700 $290,400 $184,300
2019 $9,855 $484,500 $300,600 $183,900
2018 $9,434 $470,500 $300,600 $169,900
2017 $9,320 $468,600 $295,600 $173,000
2016 $9,156 $469,300 $295,600 $173,700
2015 $8,839 $461,300 $305,600 $155,700
2014 $8,660 $447,800 $325,600 $122,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3848849

Garden State MLS

APN: 02-07601-0000-00012