NOT LISTED FOR SALE

62 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,971,000 - $2,096,000

4 Beds
5.5 Baths
4,599 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $1,430,000 $311 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,194/month

28 Days on Market

Highlights

  • Fitness Center
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Mount Prospect Elementary School Rated A
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of September 2018

Location, Location, Location! Impeccable Brick Colonial Situated in Prestigious Independence Hill offers Picturesque Views of Open Meadows & Wooded Boundaries. Updates Incl. Chef's Kitchen & Designer Baths. Home Boasts 6,300sf, 4/5 Bedrms, 5.1 BA's & Large Fin Bsmt w Rec Rm, FP, 2nd Kitch, Bedrm, Bath, Media & Exercise Rms. 2 Story Foyer, Curved Staircase, Fine Moldings & Hardwd Flrs. LR Leads to Sun Filled Conservatory. DR Adjacent to Expansive Chef's Kitch w 42" Cabinetry, Granite & New High-End SS Appliances. 2 Story Family Open to Kitch w Vaulted Ceiling, Skylights & FP also French Drs to Study w Built-Ins. Spacious Master w Remodeled Spa-Like Bath, Tray Ceiling, Dressing & Sitting Rms. Other 3 Bedrms w Private Baths. Meticulously Landscaped Park-Like Property w 3 Tier Patio to Enjoy Views & Entertain.

Last Agent to Sell the Property

David Wylde

COLDWELL BANKER REALTY Listed on: 05/25/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Maren Dinsmore

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,741

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 0.76 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Clapboard
  • Tile

Interior Spaces

  • 4,599 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room with Fireplace
  • Game Room
  • Conservatory Room
  • Storage Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00026-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,741

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1999
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2016
  • Street Number Display: 62
  • Directions: Allen Road to Independence Drive
  • I D: 4804522
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Independence Hill
  • First Name: DAVID L.
  • First Name3: MAREN
  • Last Name: WYLDE
  • Last Name3: DINSMORE
  • Office Phone: 908-754-7511
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Gas Fireplace, Rec Room, Family Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, OvnWElec, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Bar-Wet, JacuzTyp, Walk-In Closet, StallTub, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 17
  • Bedrooms: 4
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, GameRoom, Storage Room, Exercise Room, Bath(s) Other, Kitchen, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 25x16
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Conservatory
  • Other Room1 Dim: 29x14
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 15x13
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 37x34
  • Other Room3 Level: Basement
  • Other Room 4: Bedroom/Office
  • Other Room4 Dim: 13x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Laundry Room, Conservatory, Foyer, Office, Library, Den, GarEnter, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: SeeRem, 4 Or More Bedrooms, SittngRm, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4599
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Underground Lawn Sprinkler, Patio, Sidewalk, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Outdoor Pool, Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Lighting, Paver Block, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: MulSport, Playground, Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Kitchen Facilities, Tennis Courts
  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly

Schools

  • Elementary School: MTPROSPECT
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.76AC
  • Assessed Improvement Value: 956700
  • Assessed Land Value: 400400
  • Assessment: 1357100
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Level Lot, Open Lot
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.76

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25741
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00026-0000-
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2018
Sold by
Daniel Pocus
Bought by
Patel Nupam and Patel Natasha
Current Estimated Value
$2,022,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.81%

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 27, 2018
Sold by
Pocus Daniel J and Pocus Mee
Bought by
Patel Nupam and Patel Natasha
Seller's Agent
David Wylde
COLDWELL BANKER REALTY
Buyer's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
List Price
$1,399,999
Sold Price
$1,430,000
Premium/Discount to List
$30,001
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Pocus Daniel H and Pocus Mee
Bought by
Pocus Danel J and Pocus Mee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Pocus Daniel J and Pocus Mee
Bought by
Pocus Daniel J and Pocus Mee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Bansal Arun K
Bought by
Pocus Daniel J and Pocus Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.29%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Independence Hill Lp
Bought by
Bansal Arun and Bansal Sangeeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Average Value
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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
Patel Nupam $1,430,000 --
Patel Nupam $1,430,000 American Land Title Assn
Pocus Danel J -- None Available
Pocus Daniel J -- Equititle Llc
Pocus Daniel J $1,180,000 --
Bansal Arun $704,058 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nupam $250,000
Open Patel Nupam Ashok $640,000
Closed Patel Nupam $900,000
Closed Patel Nupam --
Closed Patel Nupam $900,000
Previous Owner Pocus Danel J $491,500
Previous Owner Pocus Daniel J $508,000
Previous Owner Pocus Daniel J $580,000
Previous Owner Bansal Arun $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $1,430,000 +2.1% $311 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $1,399,999 -- $304 / 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
2025 $28,562 $1,783,600 $482,800 $1,300,800
2024 $28,562 $1,605,500 $407,800 $1,197,700
2023 $28,475 $1,509,800 $407,800 $1,102,000
2022 $27,601 $1,372,500 $407,800 $964,700
2021 $25,795 $1,222,500 $392,800 $829,700
2020 $27,145 $1,296,300 $392,800 $903,500
2019 $27,500 $1,352,000 $392,800 $959,200
2018 $27,210 $1,357,100 $400,400 $956,700
2017 $25,742 $1,294,200 $400,400 $893,800
2016 $24,075 $1,234,000 $373,200 $860,800
2015 $24,757 $1,292,100 $420,400 $871,700
2014 $24,502 $1,266,900 $420,400 $846,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3473809

Garden State MLS

APN: 02-10201-0000-00026