$1,366,000
SOLD APR 1, 2025

7 Vanderveer Dr Basking Ridge, NJ 07920

4 Beds
3 Baths
-- Sq Ft
0.25 Acres

Recently Sold

12% Above List Price

11 Days on Market

About This Home

As of April 2025

This home is located at 7 Vanderveer Dr, Basking Ridge, NJ 07920 and is currently priced at $1,366,000. 7 Vanderveer Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 01/21/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Jing Ning

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,007

Lot Details

  • 0.25 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,007

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 7
  • I D: 5332696
  • Modified: 2025-04-01
  • Number Images: 0
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.25AC
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Mar 18, 2025
Sold by
Singh Jasmeet and Singh Tanveen
Bought by
Lu Yingdong and Wang Xuan
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
Jing Ning
REALMART REALTY
List Price
$1,225,000
Sold Price
$1,366,000
Premium/Discount to List
$141,000
11.51%
Views
71
Current Estimated Value
$1,355,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,853
Avg. Annual Appreciation
-1.55%
Original Mortgage
$810,000
Outstanding Balance
$805,838
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$549,309

Purchase Details

Listed on
Apr 2, 2013
Closed on
Mar 28, 2013
Sold by
Mcmahon Sean M and Mcmahon Claudine S
Bought by
Singh Jasmeet and Singh Tanveen
Seller's Agent
THERESA BENEVENTINE
TURPIN REAL ESTATE, INC.
Buyer's Agent
Marie Young
COLDWELL BANKER REALTY
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$417,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Albanese Robert
Bought by
Mcmahon Sean M and Mc Mahon Claudine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.58%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Bernards Chase Lp
Bought by
Albanese Robert and Albanese Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $1,366,000 Hudson One Title
Deed $1,366,000 Hudson One Title
Bargain Sale Deed $880,000 Agent For Chicago Title Ins
Deed $860,000 --
Deed $395,380 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 New Conventional
Closed $810,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $450,000 No Value Available
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $1,366,000 +11.5% --
02/04/2025 02/04/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $1,225,000 +39.2% --
04/02/2013 04/02/13 Sold $880,000 -- -- View Prior Sale
Source: Garden State 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
2025 $18,007 $1,146,600 $423,800 $722,800
2024 $18,007 $1,012,200 $352,500 $659,700
2023 $17,653 $936,000 $352,500 $583,500
2022 $17,025 $846,600 $337,500 $509,100
2021 $16,857 $798,900 $337,500 $461,400
2020 $16,708 $797,900 $337,500 $460,400
2019 $16,819 $826,900 $337,500 $489,400
2018 $16,680 $831,900 $342,500 $489,400
2017 $17,398 $874,700 $352,500 $522,200
2016 $17,282 $885,800 $357,500 $528,300
2015 $17,303 $903,100 $367,500 $535,600
2014 $16,735 $865,300 $317,500 $547,800
Source: Public Records

Agents Affiliated with this Home

  • Marie Young

    Seller's Agent in 2025

    Marie Young

    COLDWELL BANKER REALTY

    (908) 938-2525

    112 in this area

    143 Total Sales

    Marie Young
    Section Image

  • J

    Buyer's Agent in 2025

    Jing Ning

    REALMART REALTY

    (585) 978-1068

    45 in this area

    124 Total Sales

    Jing Ning
    Section Image

  • T

    Seller's Agent in 2013

    THERESA BENEVENTINE

    TURPIN REAL ESTATE, INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3942354

Garden State MLS

APN: 02-09702-0000-00003

New Jersey Somerset County Basking Ridge 07920

7 Vanderveer Dr, Basking Ridge, NJ

This home is located at 7 Vanderveer Dr, Basking Ridge, NJ 07920 and is currently priced at $1,366,000. 7 Vanderveer Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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