NOT LISTED FOR SALE

62 Morgan Ln Unit 3B Basking Ridge, NJ 07920

Estimated Value: $1,606,000 - $1,637,000

3 Beds
4.5 Baths
-- Sq Ft
$1,300/mo HOA Fee

Last Sold February 25, 2022

Last sale price $1,250,000

Est. 30% increase in value since last sale

Current estimated payment $11,996/month

74 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Recreation Room
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Marble Flooring

About This Home

As of February 2022

Inspired by the shingle-style homes of late 19th century Newport, St Andrews is a privately set enclave of 14 duplex-style townhomes. Situated on the 6th hole of the NJ National Golf Club, vast greens and woods provide the privileged ambiance for the exemplary community. Enjoy the open floor plan interior with a two story foyer showcasing a grand butterfly staircase. Spend evenings in the family room with walls of windows, coffered ceiling and a fieldstone fireplace. This luxury home has all that you can imagine and more: handsome library, butler's pantry, walk in pantry, gourmet kitchen, three en suite bedrooms, and a finished lower level. Wonderful outside living with a covered private terrace and bluestone patio. Residents have access to all The Hills amenities.

Last Agent to Sell the Property

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY Listed on: 09/09/2021

Co-Listed By

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

Debra Ann Meckbach

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,903

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Outdoor Features

  • Patio
  • Porch

Schools

  • Mtprospect 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
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00019-0002-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection
  • $250 Other One-Time Fees

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,903

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,300 per month

Parking

2

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Chand master bed,bath and sit rm. Chand breakfast rm.BR Leopard Drapes
  • Street Number Display: 62
  • Directions: Allen Road to Independence to Morgan Lane
  • I D: 5098199
  • Modified: 2023-02-26
  • Number Images: 34
  • Section Subdiv Development: St Andrews
  • First Name: KAREN
  • First Name2: JILL
  • First Name3: DEBRA ANN
  • Last Name: LEMKE
  • Last Name2: FAHERTY
  • Last Name3: MECKBACH
  • Office Phone: 908-696-8600
  • Office Phone2: 289595
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, Walk-In Closet, Window Treatments
  • Number Rooms: 11
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Den, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 18x14
  • Kitchen Level: First
  • Living Room Dim: 17x15
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 15x14
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 19x9
  • Other Room2 Level: Second
  • Other Room 3: Breakfast
  • Other Room3 Dim: 14x14
  • Other Room3 Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Library, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

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

Condo/Co-op/Association

  • Amenities: Exercise Room, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 1300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 250

Schools

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

Lot Info

  • Assessed Improvement Value: 799000
  • Assessed Land Value: 390000
  • Assessment: 1189000
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Cul-De-Sac, Private Road
  • Lot Identifier: 19.02
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 2600
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23903
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00019-0002-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 9, 2022
Sold by
Meltzer and Abraham
Bought by
Stikons Steven S and Shi Ning
Seller's Agent
KAREN LEMKE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Debra Ann Meckbach
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,622,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,054
Avg. Annual Appreciation
7.31%
Original Mortgage
$625,000
Outstanding Balance
$588,108
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,013,171

Purchase Details

Closed on
Oct 3, 2016
Sold by
Markevich Douglas J
Bought by
Sugiki Takako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Meltzer Abraham and Meltzer Susan
Bought by
Meltzer Susan

Purchase Details

Closed on
Oct 28, 2006
Sold by
Belew William L and Belew Diane
Bought by
Meltzer Abraham and Meltzer Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Highland Greens Llc
Bought by
Belew William and Belew Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.94%
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
Stikons Steven S $1,250,000 Chandler Sylvia
Sugiki Takako $258,000 First American Title Ins Co
Meltzer Susan -- None Available
Meltzer Abraham $1,800,000 Fidelity Natl Title Ins Co
Belew William $1,326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stikons Steven S $625,000
Previous Owner Sugiki Takako $193,000
Previous Owner Meltzer Susan $721,000
Previous Owner Meltzer Abraham $745,000
Previous Owner Meltzer Abraham $750,000
Previous Owner Belew William $925,000
Closed Stikons Steven S $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,250,000 0.0% --
11/24/2021 11/24/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,250,000 -- --
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 $22,291 $1,253,000 $395,000 $858,000
2023 $22,915 $1,215,000 $395,000 $820,000
2022 $22,865 $1,137,000 $395,000 $742,000
2021 $25,088 $1,189,000 $390,000 $799,000
2020 $23,903 $1,141,500 $410,000 $731,500
2019 $23,843 $1,172,200 $410,000 $762,200
2018 $23,503 $1,172,200 $410,000 $762,200
2017 $23,488 $1,180,900 $410,000 $770,900
2016 $23,593 $1,209,300 $430,000 $779,300
2015 $24,402 $1,273,600 $440,000 $833,600
2014 $24,978 $1,291,500 $440,000 $851,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3739456

Garden State MLS

APN: 02-10201-0000-00019-02-CONDO