NOT LISTED FOR SALE

7 Gelsey Ln Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $727,000 - $769,742

3 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: August 31, 2023

Last sale price $650,000

Est. 15% increase in value since last sale

Current estimated payment $4,970 / mo

18 Days on Market

About This Home

As of August 2023

This home is located at 7 Gelsey Ln, Basking Ridge, NJ 07920 since 06 July 2023 and is currently estimated at $744,686. This property was built in 1987. 7 Gelsey Ln is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 07/06/2023

BHHS FOX & ROACH

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 07/06/2023

BHHS FOX & ROACH

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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 Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 6,970 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5231800
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.16AC
  • Total Acres: 0.16

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
Jul 6, 2023
Closed on
Aug 23, 2023
Sold by
Schell Jeffrey S
Bought by
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
Jennifer Blanchard
BHHS FOX & ROACH
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
6
Current Estimated Value
$744,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,686
Avg. Annual Appreciation
4.65%
Original Mortgage
$530,000
Outstanding Balance
$513,140
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$231,546

Purchase Details

Closed on
Jun 14, 2001
Sold by
Fithian Elizabeth
Bought by
Schell Jeff

Purchase Details

Closed on
Feb 17, 1999
Sold by
Clavijo Hernando
Bought by
Fithian Elizabeth
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

  • Dahlia Wong Real Estate Agent - Coldwell Banker Residential Brokerage-Hillsborough

    Dahlia Wong

    Coldwell Banker Residential Brokerage-Hillsborough

    (848) 289-1051

    104 Total Sales

    1 in Bernards

    $275,000 Price

    Dahlia Wong
     Section Image
  • Carie Ann Ochsenreither Real Estate Agent - SERHANT PENNSYLVANIA LLC

    Carie Ann Ochsenreither

    SERHANT PENNSYLVANIA LLC

    (484) 806-1268

    102 Total Sales

    1 in Bernards

    $365,000 Price

    Carie Ann Ochsenreither
     Section Image
  • Carol Ann Suddeath Real Estate Agent - RE/MAX PINNACLE

    Carol Ann Suddeath

    Responds Quickly

    RE/MAX PINNACLE

    (908) 946-2856

    45 Total Sales

    2 in Bernards

    $380K - $751K Price Range

    Carol Ann Suddeath
     Section Image
  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    179 Total Sales

    4 in Bernards

    $390K - $950K Price Range

    Joseph Eberle
     Section Image
  • Jill Cardullo Real Estate Agent - Weichert Realtors, Mendham

    Jill Cardullo

    Responds Quickly

    Weichert Realtors, Mendham

    (862) 701-4332

    61 Total Sales

    4 in Bernards

    $414K - $1.4M Price Range

    Jill Cardullo
     Section Image
  • Mary Sheeran Real Estate Agent - Keller Williams Realty Metropolitan

    Mary Sheeran

    Keller Williams Realty Metropolitan

    (862) 244-1879

    436 Total Sales

    4 in Bernards

    $340K - $390K Price Range

    Mary Sheeran
     Section Image
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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 Buyer Sale Price Title Company
$650,000 Westcor Land Title
Schell Jeff $330,000 --
Fithian Elizabeth $245,000 --
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 $530,000
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
08/31/2023 08/31/23 Sold $650,000 +8.5% --
07/24/2023 07/24/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $599,000 -- --
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 $10,572 $661,500 $284,200 $377,300
2025 $10,338 $626,300 $284,200 $342,100
2024 $10,338 $581,100 $245,200 $335,900
2023 $10,622 $563,200 $233,500 $329,700
2022 $10,385 $516,400 $233,500 $282,900
2021 $9,835 $466,100 $233,500 $232,600
2020 $9,408 $449,300 $230,500 $218,800
2019 $9,452 $464,700 $230,500 $234,200
2018 $9,137 $455,700 $230,500 $225,200
2017 $8,799 $442,400 $230,500 $211,900
2016 $8,620 $441,800 $230,500 $211,300
2015 $8,444 $440,700 $230,500 $210,200
2014 $8,125 $420,100 $230,500 $189,600
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanchard Real Estate Agent - BHHS FOX & ROACH

    Seller's Agent in 2023

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    208 Total Sales

    Jennifer Blanchard
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Map

Source: Garden State MLS

MLS Number: 3853310

Garden State MLS

APN: 02-08602-0000-00089

New Jersey Somerset County Basking Ridge 07920

7 Gelsey Ln, Basking Ridge, NJ

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