61 W Oak St Basking Ridge, NJ 07920
Estimated Value: $651,000 - $881,000
--
Bed
--
Bath
1,152
Sq Ft
$619/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 $712,774, approximately $618 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
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
$723,341
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$10,567
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
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