NOT LISTED FOR SALE

7 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $393,000 - $435,000

2 Beds
1 Bath
1,000 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 7 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently estimated at $414,774, approximately $414 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
$414,774

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
$287,044
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Chen Zheng $233,000 Title & Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zheng $174,750
Source: Public Records

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 $5,954 $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

New Jersey Somerset County Basking Ridge 07920

7 Commonwealth Dr, Basking Ridge, NJ

Not Listed for Sale

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