7 Commonwealth Dr Basking Ridge, NJ 07920
Estimated Value: $396,662 - $421,000
2
Beds
1
Bath
1,000
Sq Ft
$411/Sq Ft
Est. Value
About This Home
This home is located at 7 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently estimated at $411,166, approximately $411 per square foot. 7 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2014
Sold by
Schilling Deborah J
Bought by
Chen Zheng and Huang Miaoling
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,750
Outstanding Balance
$127,730
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$283,436
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Zheng | $233,000 | Title & Abstract Llc |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Zheng | $174,750 |
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 | $5,954 | $379,100 | $140,000 | $239,100 |
| 2024 | $5,954 | $334,700 | $124,000 | $210,700 |
| 2023 | $5,752 | $305,000 | $124,000 | $181,000 |
| 2022 | $5,468 | $271,900 | $120,000 | $151,900 |
| 2021 | $5,369 | $254,600 | $120,000 | $134,600 |
| 2020 | $5,128 | $244,900 | $115,000 | $129,900 |
| 2019 | $4,979 | $244,800 | $125,000 | $119,800 |
| 2018 | $4,934 | $246,100 | $123,000 | $123,100 |
| 2017 | $4,750 | $238,800 | $123,000 | $115,800 |
| 2016 | $4,368 | $223,900 | $123,000 | $100,900 |
| 2015 | $4,357 | $227,400 | $120,000 | $107,400 |
| 2014 | $4,251 | $219,800 | $120,000 | $99,800 |
Source: Public Records
Map
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