NOT LISTED FOR SALE

72 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $2,046,000 - $2,059,000

5 Beds
5.5 Baths
6,841 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,375,000 $201 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,132/month

59 Days on Market

Highlights

  • Fitness Center
  • Second Kitchen
  • Sitting Area In Primary Bedroom
  • Mount Prospect Elementary School Rated A
  • Media Room
  • Colonial Architecture

About This Home

As of August 2019

Exquisite Brick Colonial situated on OVER an ACRE w/PRIVATE & PICTURESQUE views w/in the Prestigious Independence Hill & Mt Prospect School! 3 finished flrs offer 6841sqft. Updated 2002:Expand bedrms, moved Laundry 2nd flr, finshd 2236sqft in LL. 5 Beds, 5.1 bths, 3 ½ gar,1stflr guest wing w/priv entry to patio, sit rm & full bth. Impressive 2 Story Foyer, upgraded millwork, oversized windows & H/W. Elegant LR leads to priv Office/Den. A formal DR joins chefs Kit w/42" Cab, Granite, Cen islnd & High-end SS appl. Open to EXTENDED FR w/vaulted ceilings, skylghts & brick FP. Lrg Master suite w/tray ceiling, sitting rm, exer rm & Laundry. Finshd LL w/mult Rec rms, 2nd Kit, Full bth &Media area. Custm landscaped property, stunning paver patio extends the length of house, built-in grill, sound syst, lighting & more!

Last Agent to Sell the Property

Janine Rose

BHHS FOX & ROACH Listed on: 04/15/2019

BHHS FOX & ROACH

Last Buyer's Agent

MARIA D. ILIEV

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,618

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 1.01 Acre Lot
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Clapboard
  • Tile

Interior Spaces

  • 6,841 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Library
  • Recreation Room
  • Game Room
  • Storage Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Garage Access
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00028-0000-

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,618

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1999
  • Year Built Description: Renovated
  • County Name: Somerset
  • Exclusions: Wine refrigerator
  • Directions: Allen Road to Independence Drive
  • I D: 4887551
  • Section Subdiv Development: Independence Hill
  • First Name: JANINE
  • First Name3: MARIA D.
  • Last Name: ROSE
  • Last Name3: ILIEV
  • Office Phone: 908-753-4450
  • Office Phone3: 908-757-7780
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, StallTub, Blinds, Window Treatments, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Leisure, GameRoom, GarEnter, Storage Room, Bath(s) Other, Kitchen, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Den, SepEnter, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Second Kitchen, Separate Dining Area
  • Kitchen Dim: 25x16
  • Kitchen Level: First
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 18x13
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x11
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 32x26
  • Other Room3 Level: Basement
  • Other Room 4: Kitchen
  • Other Room4 Dim: 22x15
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, MudRoom, Foyer, Office, Library, OutEntrn, Den, Living Room, Pantry, SittngRm, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, Leisure, 4 Or More Bedrooms, SittngRm, Bath Main, Exercise Room, Bath(s) Other
  • Estimated Sq Ft: 6841
  • Phone: 908-753-4450

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: OutDrKit, Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage, InEntrnc
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, MulSport, Playground, Club House, Pool-Outdoor, Exercise Room, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 1.01AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.01

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 27618
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00028-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 23, 2019
Sold by
Eigner Marc D and Eigner Jaime L
Bought by
Chandnani Vishal S and Chandnani Priya V
Seller's Agent
Janine Rose
BHHS FOX & ROACH
Buyer's Agent
MARIA D. ILIEV
WEICHERT REALTORS
List Price
$1,540,000
Sold Price
$1,375,000
Premium/Discount to List
-$165,000
-10.71%
Current Estimated Value
$2,053,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,256
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,100,000
Outstanding Balance
$965,370
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,087,886

Purchase Details

Closed on
Jul 29, 2000
Sold by
Parahus Robert
Bought by
Watts Peter and Watts Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.1%

Purchase Details

Closed on
May 27, 1999
Sold by
Hill Independence
Bought by
Parahus Robert and Parahus Bethann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chandnani Vishal S $1,375,000 Chicago Title Insurance Co
Watts Peter $925,000 --
Parahus Robert $545,257 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandnani Vishal S $1,100,000
Previous Owner Watts Peter $550,000
Previous Owner Parahus Robert $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $1,375,000 -10.7% $201 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $1,540,000 -- $225 / Sq Ft
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 $27,391 $1,710,000 $514,800 $1,195,200
2024 $27,391 $1,539,700 $436,100 $1,103,600
2023 $27,304 $1,447,700 $436,100 $1,011,600
2022 $27,056 $1,345,400 $436,100 $909,300
2021 $26,179 $1,240,700 $420,300 $820,400
2020 $27,268 $1,302,200 $420,300 $881,900
2019 $27,593 $1,356,600 $420,300 $936,300
2018 $27,619 $1,377,500 $430,900 $946,600
2017 $27,025 $1,358,700 $451,400 $907,300
2016 $25,638 $1,314,100 $440,300 $873,800
2015 $26,025 $1,358,300 $473,400 $884,900
2014 $24,883 $1,286,600 $430,400 $856,200
Source: Public Records

Agents Affiliated with this Home

  • Janine Rose

    Seller's Agent in 2019

    Janine Rose

    BHHS FOX & ROACH

    (908) 229-6253

    7 in this area

    85 Total Sales

    Janine Rose
    Section Image

  • M

    Buyer's Agent in 2019

    MARIA D. ILIEV

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3548277

Garden State MLS

APN: 02-10201-0000-00028

New Jersey Somerset County Basking Ridge 07920

72 Independence Dr, Basking Ridge, NJ

Not Listed for Sale

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes