NOT LISTED FOR SALE

61 W Oak St Basking Ridge, NJ 07920

Estimated Value: $635,000 - $668,000

-- Bed
-- Bath
1,152 Sq Ft
$569/Sq Ft Est. Value

About This Home

This home is located at 61 W Oak St, Basking Ridge, NJ 07920 and is currently estimated at $655,473, approximately $568 per square foot. 61 W Oak St is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Borchert John Edward and Borchert Gloria J
Bought by
Borchert John Edward and Borchert Gloria J
Current Estimated Value
$655,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Outstanding Balance
$747,832
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$92,359
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Borchert John Edward -- None Listed On Document
Borchert John Edward -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borchert John Edward $915,000
Closed Borchert John Edward $915,000
Closed Borchert John Edward $915,000
Source: Public Records

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
2025 $8,392 $518,400 $363,600 $154,800
2024 $8,392 $471,700 $323,100 $148,600
2023 $8,534 $452,500 $323,100 $129,400
2022 $8,684 $431,800 $318,600 $113,200
2021 $7,718 $421,200 $305,100 $116,100
2020 $8,698 $415,400 $305,100 $110,300
2019 $8,586 $422,100 $305,100 $117,000
2018 $7,832 $390,600 $288,200 $102,400
2017 $7,680 $386,100 $283,900 $102,200
2016 $7,213 $369,700 $267,200 $102,500
2015 $7,083 $369,700 $267,200 $102,500
2014 $7,212 $372,900 $267,200 $105,700
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

61 W Oak St, Basking Ridge, NJ

This home is located at 61 W Oak St, Basking Ridge, NJ 07920 and is currently estimated at $655,473, approximately $568 per square foot. 61 W Oak St 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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