NOT LISTED FOR SALE

62 Alder Ln Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $1,162,000 - $1,204,000

4 Beds
4 Baths
2,358 Sq Ft
$504/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2023

Last sale price $998,000 $423 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,017 / mo

21 Days on Market

About This Home

As of July 2023

This home is located at 62 Alder Ln, Basking Ridge, NJ 07920 since 10 April 2023 and is currently estimated at $1,189,101, approximately $504 per square foot. This property was built in 1993. 62 Alder Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

KELLY JU

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 04/10/2023

Co-Listed By

Jing Ning

REALMART REALTY Brokerage Phone: 888-362-6543

Last Buyer's Agent

YUXIN HE

REALMART REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • I D: 5206929
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.20AC
  • Total Acres: 0.20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
KELLY JU
REALMART REALTY
Buyer's Agent
YUXIN HE
REALMART REALTY
List Price
$899,000
Sold Price
$998,000
Premium/Discount to List
$99,000
11.01%
Views
65
Current Estimated Value
$1,189,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,101
Avg. Annual Appreciation
5.76%
Original Mortgage
$348,000
Outstanding Balance
$301,522
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$887,579

Purchase Details

Closed on
Jun 18, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,600
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Basking Ridge, NJ

  • Lisa Molinari Real Estate Agent - WEICHERT REALTORS

    Lisa Molinari

    WEICHERT REALTORS

    (908) 402-4173

    70 Total Sales

    3 in Bernards

    $480K - $1.2M Price Range

    Lisa Molinari
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  • Ashley Freitas Real Estate Agent - COMPASS NEW JERSEY, LLC

    Ashley Freitas

    Responds Quickly

    COMPASS NEW JERSEY, LLC

    (908) 443-9560

    104 Total Sales

    4 in Bernards

    $626K - $2.4M Price Range

    Ashley Freitas
     Section Image
  • Dahlia Wong Real Estate Agent - Coldwell Banker Residential Brokerage-Hillsborough

    Dahlia Wong

    Coldwell Banker Residential Brokerage-Hillsborough

    (848) 289-1051

    103 Total Sales

    1 in Bernards

    $275,000 Price

    Dahlia Wong
     Section Image
  • Carie Ann Ochsenreither Real Estate Agent - SERHANT PENNSYLVANIA LLC

    Carie Ann Ochsenreither

    SERHANT PENNSYLVANIA LLC

    (484) 806-1268

    102 Total Sales

    1 in Bernards

    $365,000 Price

    Carie Ann Ochsenreither
     Section Image
  • Carol Ann Suddeath Real Estate Agent - RE/MAX PINNACLE

    Carol Ann Suddeath

    Responds Quickly

    RE/MAX PINNACLE

    (908) 946-2856

    45 Total Sales

    2 in Bernards

    $380K - $751K Price Range

    Carol Ann Suddeath
     Section Image
  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    181 Total Sales

    4 in Bernards

    $390K - $950K Price Range

    Joseph Eberle
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$998,000 East Coast Title
$727,000 Multiple
$475,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $348,000
Previous Owner $426,000
Previous Owner $581,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $998,000 +11.0% $423 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $899,000 -- $381 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,927 $1,094,900 $336,000 $758,900
2025 $16,701 $1,062,000 $336,000 $726,000
2024 $16,701 $938,800 $301,000 $637,800
2023 $15,956 $846,000 $301,000 $545,000
2022 $15,758 $783,600 $296,000 $487,600
2021 $16,072 $761,700 $296,000 $465,700
2020 $15,889 $758,800 $296,000 $462,800
2019 $15,582 $766,100 $298,000 $468,100
2018 $15,360 $766,100 $298,000 $468,100
2017 $15,182 $763,300 $298,000 $465,300
2016 $15,364 $787,500 $298,000 $489,500
2015 $14,908 $778,100 $283,000 $495,100
2014 $14,138 $731,000 $283,000 $448,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KELLY JU

    REALMART REALTY

  • J

    Seller Co-Listing Agent in 2023

    Jing Ning

    REALMART REALTY

    (585) 978-1068

    132 Total Sales

    Jing Ning
    Section Image

  • Y

    Buyer's Agent in 2023

    YUXIN HE

    REALMART REALTY

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Map

Source: Garden State MLS

MLS Number: 3837464

Garden State MLS

APN: 02-09804-0000-00041

New Jersey Somerset County Basking Ridge 07920

62 Alder Ln, Basking Ridge, NJ

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