$586,000
SOLD DEC 12, 2025
2 Beds
3 Baths
-- Sq Ft
1,220 Sq Ft Lot

Sale Details

Date Sold: December 12, 2025

1% Below List Price

26 Days on Market

About This Home

As of December 2025

This home is located at 7 Chestnut Ct, Basking Ridge, NJ 07920 and is currently priced at $586,000. This property was built in 1988. 7 Chestnut Ct is a home located in Somerset County.

Last Agent to Sell the Property

Siu Wong

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 10/03/2025

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

YI NAN

COLDWELL BANKER REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1,220 Sq Ft Lot

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • I D: 5388877
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Oct 30, 2025
Sold by
Bought by
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
YI NAN
COLDWELL BANKER REALTY
List Price
$589,000
Sold Price
$586,000
Premium/Discount to List
-$3,000
-0.51%
Views
54
Current Estimated Value
$602,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,567
Avg. Annual Appreciation
4.45%
Original Mortgage
$380,900
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Basking Ridge, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $586,000 Old Republic Title
Deed $364,600 None Available
Deed $190,000 --
Deed $178,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $380,900 New Conventional
Previous Owner $252,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $586,000 -0.5% --
10/29/2025 10/29/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $589,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,459 $528,200 $175,000 $353,200
2025 $8,226 $501,100 $175,000 $326,100
2024 $8,226 $462,400 $175,000 $287,400
2023 $8,447 $447,900 $175,000 $272,900
2022 $8,587 $427,000 $175,000 $252,000
2021 $8,138 $385,700 $175,000 $210,700
2020 $8,056 $384,700 $175,000 $209,700
2019 $7,833 $385,100 $175,000 $210,100
2018 $7,178 $358,000 $175,000 $183,000
2017 $7,188 $361,400 $175,000 $186,400
2016 $7,092 $363,500 $175,000 $188,500
2015 $6,817 $355,800 $170,000 $185,800
2014 $6,707 $346,800 $175,000 $171,800
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3990565

Garden State MLS

APN: 02-09001-0000-00001-07-CONDO

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