NOT LISTED FOR SALE

55 Walnut Cir Basking Ridge, NJ 07920

Estimated Value: $1,305,000 - $1,503,510

5 Beds
3.5 Baths
3,466 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $910,000 $263 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,493/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Oak Street Elementary School Rated A
  • Recreation Room
  • Sun or Florida Room

About This Home

As of August 2020

You will love this classic center hall Colonial with bonus in law apartment. This home features oak floors throughout. The family room has a three panel slider, fireplace and is opens to the kitchen. An inviting sun room features access to a large Trex deck overlooking the picturesque fenced in private yard. The lower rec room is an ideal space for a play room or home gym. The in-law suite features one bedroom, living room, full bath and kitchenette - could also be a terrific space for nanny, guests or home office. Situated in a friendly neighborhood with outstanding schools, minutes away from train, bus and highway.

Last Agent to Sell the Property

JAMES ZIMA

KL SOTHEBY'S INT'L. REALTY Listed on: 06/13/2020

Last Buyer's Agent

MARA NYDAM

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,328

Year Built

  • Built in 1969

Lot Details

  • 0.98 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,466 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Utility Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-01003-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,328

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1969
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 55
  • Directions: N. Maple to Birch to Walnut Circle
  • I D: 4989563
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Walnut Circle
  • First Name: JAMES
  • First Name3: MARA
  • Last Name: ZIMA
  • Last Name3: NYDAM
  • Office Phone3: 973-543-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Kitchen, Living Room
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 17x11
  • Kitchen Level: First
  • Living Room Dim: 22x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 17x14
  • Other Room1 Level: First
  • Other Room 2: LivingRm
  • Other Room2 Dim: 18x15
  • Other Room2 Level: First
  • Other Room 3: Sunroom
  • Other Room3 Dim: 15x14
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 27x23
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, Laundry Room, Living Room, Powder Room, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3466
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Patio, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .98AC
  • Assessed Improvement Value: 511700
  • Assessed Land Value: 389400
  • Assessment: 901100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.98

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18328
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01003-0000-00007-0000-
  • 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: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Aug 17, 2020
Sold by
Doolan Mark R and Doolan Kathleen A
Bought by
Calabrese David C and Calabrese Constance G
Seller's Agent
JAMES ZIMA
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
MARA NYDAM
TURPIN REAL ESTATE, INC.
List Price
$959,000
Sold Price
$910,000
Premium/Discount to List
-$49,000
-5.11%
Total Days on Market
32
Current Estimated Value
$1,411,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,378
Avg. Annual Appreciation
9.55%
Original Mortgage
$575,006
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1997
Sold by
Medley Richard
Bought by
Doolan Mark and Doolan Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.23%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Goree Robert
Bought by
Medley Richard and Medley Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
8.27%
Source: Public Records

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Range of Values:

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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
Calabrese David C $910,000 Hilltop Title Llc
Doolan Mark $590,000 --
Medley Richard $581,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese David C $744,750
Closed Calabrese David C $575,006
Previous Owner Doolan Mark R $500,000
Previous Owner Doolan Mark $400,000
Previous Owner Medley Richard $494,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $910,000 +1.2% $263 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $899,000 -6.3% $259 / Sq Ft
06/13/2020 06/13/20 For Sale $959,000 -- $277 / 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 $19,199 $1,079,200 $389,600 $689,600
2023 $19,028 $1,008,900 $389,600 $619,300
2022 $19,392 $964,300 $374,600 $589,700
2021 $18,349 $869,600 $384,600 $485,000
2020 $18,622 $889,300 $384,400 $504,900
2019 $18,328 $901,100 $389,400 $511,700
2018 $18,606 $928,000 $389,400 $538,600
2017 $18,066 $908,300 $389,400 $518,900
2016 $18,176 $931,600 $389,400 $542,200
2015 $18,008 $939,900 $389,400 $550,500
2014 $17,818 $921,300 $384,400 $536,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JAMES ZIMA

    KL SOTHEBY'S INT'L. REALTY

  • MARA NYDAM

    Buyer's Agent in 2020

    MARA NYDAM

    TURPIN REAL ESTATE, INC.

    (973) 219-8621

    1 in this area

    33 Total Sales

    MARA NYDAM
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3640070

Garden State MLS

APN: 02-01003-0000-00007

New Jersey Somerset County Basking Ridge 07920

55 Walnut Cir, Basking Ridge, NJ

This home is located at 55 Walnut Cir, Basking Ridge, NJ 07920 since 13 June 2020 and is currently estimated at $1,411,378, approximately $407 per square foot. This property was built in 1969. 55 Walnut Cir is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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