$409,000
SOLD JAN 16, 2025

63 Commonwealth Dr Basking Ridge, NJ 07920

2 Beds
1 Bath
-- Sq Ft
436 Sq Ft Lot

Recently Sold

14% Above List Price

32 Days on Market

About This Home

As of January 2025

This home is located at 63 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently priced at $409,000. This property was built in 1987. 63 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Deborah Terrero

COLDWELL BANKER REALTY Brokerage Phone: 973-635-8200 Listed on: 11/08/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5311904
  • Attribution Contact: 973-635-8200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: WASHINGTON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Jan 7, 2025
Sold by
Debang June
Bought by
Vivar Diego E and Palacios Emilia N
Seller's Agent
Deborah Terrero
COLDWELL BANKER REALTY
List Price
$359,000
Sold Price
$409,000
Premium/Discount to List
$50,000
13.93%
Views
32
Current Estimated Value
$423,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,010
Avg. Annual Appreciation
3.53%
Original Mortgage
$22,000
Interest Rate
9.6%

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jun 23, 2015
Sold by
Farnum Nancy L
Bought by
Debang June
Seller's Agent
Kathryn Barcellona
COLDWELL BANKER REALTY
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Feb 14, 2012
Sold by
Farnum Nancy W and Farnum Nancy L
Bought by
Farnum Nancy L and Farnum Living Trust

Purchase Details

Closed on
Nov 6, 2008
Sold by
Farnum David L and Farnum Nancy L
Bought by
Farnum Nancy L and The Farnum Living Trust

Purchase Details

Closed on
Nov 30, 2005
Sold by
Farnum David L
Bought by
Farnum David L and Farnum Nancy L

Purchase Details

Closed on
Aug 6, 2004
Sold by
Faucher Irene M
Bought by
Farnum David L and Farnum Nancy W

Purchase Details

Closed on
Feb 5, 2001
Sold by
Gorman Vincent
Bought by
Faucher Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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

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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 Type Sale Price Title Company
Deed $409,000 None Listed On Document
Deed $409,000 None Listed On Document
Deed $247,500 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $269,900 --
Deed $174,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $22,000 No Value Available
Open $386,650 New Conventional
Closed $386,650 New Conventional
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2025 01/16/25 Sold $409,000 +13.9% --
12/10/2024 12/10/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $359,000 +45.1% --
06/26/2015 06/26/15 Sold $247,500 -- -- View Prior Sale
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 $5,643 $351,700 $140,000 $211,700
2024 $5,643 $317,200 $124,000 $193,200
2023 $5,471 $290,100 $124,000 $166,100
2022 $5,219 $259,500 $120,000 $139,500
2021 $4,443 $245,400 $120,000 $125,400
2020 $4,940 $235,900 $115,000 $120,900
2019 $4,784 $235,200 $125,000 $110,200
2018 $4,736 $236,200 $123,000 $113,200
2017 $4,636 $233,100 $123,000 $110,100
2016 $4,548 $233,100 $123,000 $110,100
2015 $3,993 $234,500 $120,000 $114,500
2014 $3,855 $225,200 $120,000 $105,200
Source: Public Records

Agents Affiliated with this Home

  • Deborah Terrero

    Seller's Agent in 2025

    Deborah Terrero

    COLDWELL BANKER REALTY

    (973) 495-4917

    2 in this area

    8 Total Sales

    Deborah Terrero
    Section Image
  • Kathryn Barcellona

    Seller's Agent in 2015

    Kathryn Barcellona

    COLDWELL BANKER REALTY

    (908) 328-3232

    5 in this area

    158 Total Sales

    Kathryn Barcellona
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3933466

Garden State MLS

APN: 02-08603-0000-00063-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

63 Commonwealth Dr, Basking Ridge, NJ

Sold

Detached

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