NOT LISTED FOR SALE

71 Butternut Ln Basking Ridge, NJ 07920

Estimated Value: $1,562,000 - $2,320,000

-- Bed
-- Bath
4,406 Sq Ft
$429/Sq Ft Est. Value

About This Home

This home is located at 71 Butternut Ln, Basking Ridge, NJ 07920 and is currently estimated at $1,891,359, approximately $429 per square foot. 71 Butternut Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Asay Derek L and Asay Jennifer L
Bought by
Asay Derek L and Asay Jennifer L
Current Estimated Value
$1,891,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$628,231
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,263,128

Purchase Details

Closed on
Mar 6, 2007
Sold by
Hobin Michael P and Hobin Mary
Bought by
Asay Derek L and Asay Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Asay Derek L -- Boston National Title
Asay Derek L $1,475,000 Steward Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asay Derek L $822,000
Closed Asay Derek L $249,999
Closed Asay Derek L $900,000
Closed Asay Derek L $1,020,000
Closed Asay Derek L $100,000
Closed Asay Derek L $1,130,250
Closed Asay Derek L $150,000
Closed Asay Derek L $1,180,000
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 $21,460 $1,339,500 $344,800 $994,700
2024 $21,460 $1,206,300 $311,800 $894,500
2023 $19,778 $1,048,700 $311,800 $736,900
2022 $20,454 $1,017,100 $311,800 $705,300
2021 $21,164 $969,300 $311,800 $657,500
2020 $21,164 $1,010,700 $308,800 $701,900
2019 $21,955 $1,079,400 $335,600 $743,800
2018 $21,189 $1,056,800 $335,600 $721,200
2017 $20,711 $1,041,300 $383,800 $657,500
2016 $22,725 $1,164,800 $444,400 $720,400
2015 $23,343 $1,196,400 $469,900 $726,500
2014 $24,980 $1,291,600 $512,400 $779,200
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

71 Butternut Ln, Basking Ridge, NJ

This home is located at 71 Butternut Ln, Basking Ridge, NJ 07920 and is currently estimated at $1,891,359, approximately $429 per square foot. 71 Butternut Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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