NOT LISTED FOR SALE

68 Commonwealth Dr Unit 8 Basking Ridge, NJ 07920

Estimated Value: $426,000 - $456,861

2 Beds
2 Baths
1,050 Sq Ft
$395/mo HOA Fee

Last Sold January 15, 2021

Last sale price $310,000 $295 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,322/month

6 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of January 2021

Picture Perfect Home. Updated Kitchen with Stainless Steel Appliances, Granite Countertops, Extra Cabinets. Wood Floors throughout. Wood burning Fireplace in Living Room with Sliders to Deck. Spacious Master Bedroom with full bath. Updated bathrooms. Washer/Dryer included. Amazing storage space in unfinished basement, detached garage, association pool, tennis courts, club house. Jogging and bicycling paths. Close to major highways. A Must See!!!

Last Agent to Sell the Property

ANNETTE KELLY

WEICHERT REALTORS Listed on: 11/06/2020

Last Buyer's Agent

Claudia Marrone

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,520

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 479

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Parking Lot

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Shades
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00068-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection, water fees

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,520

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Renovated
  • County Name: Somerset
  • Directions: 287 to Exit 26 to Route 525 (Mt. Airy Road), L onto Valley, R onto Spring Valley L onto Commonwealth (1st driveway on the right)
  • I D: 4933200
  • Section Subdiv Development: Spring Ridge
  • First Name: ANNETTE
  • First Name3: CLAUDIA
  • Last Name: KELLY
  • Last Name3: MARRONE
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2016

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: Second
  • Living Room Dim: 18x12
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Laundry Room, Living Room
  • Phone: 973-334-9400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Common, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 395
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Schools

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

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: residential

Rental Info

  • Application Fee: 1185
  • Pets Allowed: CatsOK

Tax Info

  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5520
  • Assessor Parcel Number: 2702-08603-0000-00068-0000-CONDO
  • Tax Rate Amount: 2.034
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 5, 2021
Sold by
Verderese Arlene F and Draney Arlene F
Bought by
Pilone Diane
Seller's Agent
ANNETTE KELLY
WEICHERT REALTORS
Buyer's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$446,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,965
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Jul 25, 2012
Sold by
Draney Ronald
Bought by
Draney Arlene F and Verderese Arlene F

Purchase Details

Closed on
Nov 5, 2010
Sold by
Dellaquila Cynthia and Dellaquila Phyllis
Bought by
Draney Arlene F and Draney Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1993
Sold by
Kaston Sanford
Bought by
Aquila Phyllis Dell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pilone Diane $310,000 Westcor Land Title Ins Co
Draney Arlene F $26,000 Fidelity National Title Ins
Draney Arlene F $240,000 Fidelity Natl Title Ins Co
Aquila Phyllis Dell $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draney Arlene F $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $310,000 0.0% $295 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $310,000 -- $295 / 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 $6,887 $441,800 $140,000 $301,800
2024 $6,887 $387,100 $124,000 $263,100
2023 $6,488 $344,000 $124,000 $220,000
2022 $6,168 $306,700 $120,000 $186,700
2021 $6,172 $293,000 $120,000 $173,000
2020 $5,599 $267,400 $115,000 $152,400
2019 $5,520 $271,400 $125,000 $146,400
2018 $5,550 $276,800 $123,000 $153,800
2017 $5,523 $277,700 $123,000 $154,700
2016 $5,264 $269,800 $123,000 $146,800
2015 $5,144 $268,500 $120,000 $148,500
2014 $4,965 $256,700 $120,000 $136,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ANNETTE KELLY

    WEICHERT REALTORS

  • Claudia Marrone

    Buyer's Agent in 2021

    Claudia Marrone

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 393-8143

    4 in this area

    70 Total Sales

    Claudia Marrone
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3676905

Garden State MLS

APN: 02-08603-0000-00068-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

68 Commonwealth Dr Unit 8, Basking Ridge, NJ

Not Listed for Sale

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