NOT LISTED FOR SALE

72 Commonwealth Dr Unit 1 Basking Ridge, NJ 07920

Estimated Value: $462,000 - $506,000

3 Beds
2 Baths
1,332 Sq Ft
1 Acre Lot

Sale Details

Date Sold: April 22, 2021

Last sale price $350,000 $263 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,218 / mo

24 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • East Facing Home
  • Cedar Hill Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2021

Your new home is a newly renovated 2nd floor condo that consists of two large bedrooms with closets and additional nicely sized room that can be used as an office/bedroom. It is the largest condo size available in Spring Ridge Association. A floor layout was changed to open space with a brand new kitchen with granite countertops, top of the line Samsung fingerprint-resistant stainless steel appliances and a full pantry, spacious living room, dining room with a table seating 6+, two renovated bathrooms and a private balcony. Brand new LED dimmable lighting and new laminate floors. The open concept, comfortable layout and elegant decor make this renovated home exceptional.
Its location in a quiet, friendly neighborhood with mature landscaping that borders 100 acres of uninterrupted nature and a private balcony allow you to fully enjoy the serene settings. Yet, it has easy access to major highways, 2 train stations nearby and a bus service to NYC. Recently renovated clubhouse, in ground swimming pool, playground, tennis and bocce courts, bicycle and jogging paths provide limitless recreational possibilities. Property includes oversize basement and 1 car garage, with parking spot and additional parking.
Basking Ridge has excellent school system. Just pack your bags. It is a real gem.
Photos of interior are from landlord occupancy. Similar property in this neighborhood 158 Jamestown Rd. was recently sold.

Last Agent to Sell the Property

Ralph Harvey

LISTWITHFREEDOM.COM License #3337811 Listed on: 02/12/2021

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1987

Lot Details

  • East Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance, maintenance exterior, pest control, trash
  • Spring Ridge Association, Washington Village Association, Phone Number (908) 647-6070
  • Spring Ridge Association, Washington Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 72 / 8603
  • Assessor Parcel Number 8603.72.CONDO

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,639

Year Built

Built in 1987

Lot Details

1 Acres

Parking

1

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Exterior, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Wood Frame
  • Living Area: 1332.00
  • Lot Size Acres: 1.00
  • Year Built: 1987
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830827?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830827?w=Customer
  • Lot Size Sq Ft: 1
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7830827?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048607
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Wood
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Basement
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 123.75

Exterior Features

  • Direction Faces: East
  • Roof: Shingle
  • Flood Zone Code: 01

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Building Name Number: 1
  • Condo Fees: 359
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 359
  • Association Name: Spring Ridge Association, Washington Village
  • Phone: (908) 647-6070

Fee Information

  • Total Annual Fees: 4308.00
  • Total Monthly Fees: 359.00

Lot Info

  • Zoning: RES
  • Parcel Number: 8603.72.CONDO

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 5639.14
  • Tax Block: 8603
  • Tax Book Number: 01
  • Tax Lot: 72

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
Feb 12, 2021
Closed on
Apr 22, 2021
Sold by
Bought by
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$484,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,733
Avg. Annual Appreciation
6.50%
Original Mortgage
$236,000
Outstanding Balance
$177,323
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$307,410

Purchase Details

Closed on
Apr 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$356,000 Sunnyside Title Agency
$238,000 None Available
$276,000 First American Title Ins Co
$280,000 --
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 $236,000
Previous Owner $220,800
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
04/22/2021 04/22/21 Sold $350,000 0.0% $263 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $349,900 0.0% $263 / Sq Ft
03/01/2021 03/01/21 For Sale $349,900 +2.9% $263 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $340,000 -- $255 / Sq Ft
Source: Stellar 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
2025 $7,189 $478,100 $140,000 $338,100
2024 $7,120 $404,100 $124,000 $280,100
2023 $7,120 $377,500 $124,000 $253,500
2022 $6,856 $340,900 $120,000 $220,900
2021 $6,765 $320,600 $120,000 $200,600
2020 $5,639 $269,300 $115,000 $154,300
2019 $5,711 $280,800 $125,000 $155,800
2018 $5,466 $272,600 $123,000 $149,600
2017 $5,521 $277,600 $123,000 $154,600
2016 $4,973 $254,900 $123,000 $131,900
2015 $4,941 $257,900 $120,000 $137,900
2014 $4,963 $256,600 $120,000 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7830827

Stellar MLS

APN: 02-08603-0000-00072-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

72 Commonwealth Dr Unit 1, Basking Ridge, NJ

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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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