$555,800
SOLD OCT 31, 2024

7 Bernard Dr Basking Ridge, NJ 07920

0.83 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

2% Below List Price

184 Days on Market

Highlights

  • Wetlands on Lot
  • Corner Lot
  • Landscaped with Trees
  • Cedar Hill Elementary School Rated A

About This Lot

As of October 2024

Begin building your dream home on this exceptional parcel of land located in the prestigious Liberty Corner area of Basking Ridge. Why settle for someone else's design when you can create your masterpiece? This prime lot offers the perfect canvas for a luxurious single-family home, with ample space for a 4,000 to 8,000-square-foot residence. Assemble your team of experts and seize this amazing opportunity to construct a home that perfectly reflects your vision and lifestyle.

Last Agent to Sell the Property

Stewart Daniels

RE/MAX PINNACLE Listed on: 04/09/2024

RE/MAX PINNACLE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,798

Lot Details

  • Lot Dimensions are 350.00 x 396.00
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-3

Outdoor Features

  • Wetlands on Lot

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$7,798

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.0001
  • Lot Size: 350.00 x 396.00
  • Road Frontage Type: Town/City Street, State Road
  • Road Surface Type: Asphalt
  • Ownership: Fee Simple
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: No Land Improvements, Corner Lot, Level, Soil Study Available, Cleared, Wetlands
  • Topography: Level
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Natural Gas Available, None, Water Available
  • Water Source: In Street, Well Required

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 7798
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 1996
Sold by
Dunn Larry
Bought by
Acosta Jorge and Acosta Ana
Current Estimated Value
$1,480,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
8.08%

Purchase Details

Closed on
Sep 8, 1993
Sold by
Sherbrooke Developers Inc
Bought by
Dunn Lawrence and Dunn Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $564,000 --
Deed $427,240 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $263,000 No Value Available
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $555,800 -1.8% --
10/17/2024 10/17/24 For Sale $565,900 0.0% --
10/13/2024 10/13/24 Off Market $565,900 -- --
09/10/2024 09/10/24 Price Changed $565,900 0.0% --
09/10/2024 09/10/24 For Sale $565,900 -5.7% --
08/18/2024 08/18/24 Off Market $599,900 -- --
04/09/2024 04/09/24 For Sale $599,900 -- --
Source: All Jersey 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 $20,989 $1,179,800 $369,900 $809,900
2023 $19,735 $1,046,400 $369,900 $676,500
2022 $19,965 $992,800 $365,400 $627,400
2021 $18,181 $861,900 $360,900 $501,000
2020 $18,117 $865,200 $360,900 $504,300
2019 $18,359 $902,600 $364,700 $537,900
2018 $19,444 $969,800 $364,700 $605,100
2017 $19,311 $970,900 $378,200 $592,700
2016 $19,727 $1,011,100 $378,200 $632,900
2015 $19,189 $1,001,500 $360,200 $641,300
2014 $19,247 $995,200 $346,700 $648,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2410566R

All Jersey MLS

APN: 02-08101-0000-00019