55 Ramapo Dr Basking Ridge, NJ 07920
Estimated Value: $1,187,163 - $1,319,000
--
Bed
--
Bath
2,672
Sq Ft
$475/Sq Ft
Est. Value
About This Home
This home is located at 55 Ramapo Dr, Basking Ridge, NJ 07920 and is currently estimated at $1,268,041, approximately $474 per square foot. 55 Ramapo Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2005
Sold by
Liu William C
Bought by
Lu David Xi and Liping Zhou
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$383,424
Interest Rate
5.79%
Estimated Equity
$884,617
Purchase Details
Closed on
Jan 26, 2001
Sold by
Patriots Lp
Bought by
Liu William and Zhang Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.89%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lu David Xi | $915,000 | -- | |
| Liu William | $528,812 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu David Xi | $715,000 | |
| Previous Owner | Liu William | $370,000 |
Source: Public Records
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 | $18,187 | $1,178,900 | $394,800 | $784,100 |
| 2024 | $18,187 | $1,022,300 | $309,800 | $712,500 |
| 2023 | $18,045 | $956,800 | $309,800 | $647,000 |
| 2022 | $17,096 | $850,100 | $309,800 | $540,300 |
| 2021 | $17,054 | $818,700 | $329,800 | $488,900 |
| 2020 | $17,054 | $814,400 | $329,800 | $484,600 |
| 2019 | $16,833 | $827,600 | $337,600 | $490,000 |
| 2018 | $17,145 | $855,100 | $342,600 | $512,500 |
| 2017 | $17,312 | $870,400 | $352,600 | $517,800 |
| 2016 | $17,487 | $896,300 | $372,600 | $523,700 |
| 2015 | $17,597 | $918,400 | $387,600 | $530,800 |
| 2014 | $16,249 | $840,200 | $297,600 | $542,600 |
Source: Public Records
Map
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