NOT LISTED FOR SALE

74 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $693,000 - $759,418

3 Beds
3 Baths
1,580 Sq Ft
$461/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2023

Last sale price $625,000 $396 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,819 / mo

About This Home

This home is located at 74 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently estimated at $728,105, approximately $460 per square foot. 74 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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
May 7, 2023
Closed on
Aug 14, 2023
Sold by
Bought by
Seller's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Jiali Diane Chen
COLDWELL BANKER REALTY
List Price
$574,900
Sold Price
$625,000
Premium/Discount to List
$50,100
8.71%
Views
121
Current Estimated Value
$725,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,854
Avg. Annual Appreciation
5.41%
Original Mortgage
$310,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
May 18, 2012
Sold by
Bought by
Seller's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Kevin Boyles
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$348,000
Interest Rate
0.0388%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
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
$412,000
Interest Rate
0.0648%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Bought by
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

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
$625,000 None Listed On Document
$435,000 None Available
$515,000 None Available
$249,000 --
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
Closed $310,000
Closed $348,000
Closed $412,000
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 Prior Sale
08/17/2023 08/17/23 Sold $625,000 +8.7% -- View Prior Sale
05/25/2023 05/25/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $574,900 +32.2% --
05/30/2012 05/30/12 Sold $435,000 -- -- View Prior Sale

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 $10,791 $676,700 $274,600 $402,100
2025 $10,612 $639,300 $274,600 $364,700
2024 $10,612 $596,500 $236,500 $360,000
2023 $10,696 $567,100 $236,500 $330,600
2022 $10,461 $520,200 $236,500 $283,700
2021 $10,362 $491,100 $236,500 $254,600
2020 $9,871 $471,400 $233,500 $237,900
2019 $9,965 $489,900 $233,500 $256,400
2018 $9,624 $480,000 $233,500 $246,500
2017 $9,299 $467,500 $233,500 $234,000
2016 $8,969 $459,700 $233,500 $226,200
2015 $8,785 $458,500 $233,500 $225,000
2014 $8,488 $438,900 $233,500 $205,400
Source: Public Records

Agents Affiliated with this Home

  • Kevin Boyles

    Seller's Agent in 2023

    Kevin Boyles

    RE/MAX

    (908) 334-4433

    22 Total Sales

    Kevin Boyles
    Section Image
  • Jiali Diane Chen

    Buyer's Agent in 2023

    Jiali Diane Chen

    COLDWELL BANKER REALTY

    (908) 462-4617

    68 Total Sales

    Jiali Diane Chen
    Section Image
See All Agents

Map

New Jersey Somerset County Basking Ridge 07920

74 Commonwealth Dr, Basking Ridge, NJ

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.