NOT LISTED FOR SALE

74 Liberty Ridge Rd Basking Ridge, NJ 07920

Estimated Value: $1,214,467 - $1,268,000

6 Beds
4 Baths
2,710 Sq Ft
$457/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $1,192,500 $440 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,125/month

7 Days on Market

About This Home

As of August 2024

This home is located at 74 Liberty Ridge Rd, Basking Ridge, NJ 07920 since 29 May 2024 and is currently estimated at $1,238,117, approximately $456 per square foot. This property was built in 1995. 74 Liberty Ridge Rd 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

KELLY JU

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 05/29/2024

Co-Listed By

Jing Ning

REALMART REALTY Brokerage Phone: 888-362-6543

Last Buyer's Agent

JINGYI CHEN

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,550

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,550

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • County Name: Somerset
  • Street Number Display: 74
  • I D: 5286869
  • Modified: 2025-08-06
  • Number Images: 1
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.17AC
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 26, 2024
Sold by
Han Feng and Lin Zinan
Bought by
Zhao Yi and Bai Jintan
Seller's Agent
KELLY JU
REALMART REALTY
Buyer's Agent
JINGYI CHEN
WEICHERT REALTORS
List Price
$998,000
Sold Price
$1,192,500
Premium/Discount to List
$194,500
19.49%
Views
26
Current Estimated Value
$1,238,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,617
Avg. Annual Appreciation
3.68%
Original Mortgage
$834,750
Outstanding Balance
$823,505
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$414,612

Purchase Details

Closed on
Aug 27, 2013
Sold by
Wei Shimin and Julie Lihua Zhu
Bought by
Lin Zinan and Feng Han

Purchase Details

Closed on
Aug 22, 2013
Sold by
Zhu Julie L and Wei Shimin
Bought by
Lin Zinan and Lin Han

Purchase Details

Closed on
Jan 20, 2011
Sold by
Wei Shimin and Zhu Julie Lihua
Bought by
Wei Shimin and Zhu Julie Lihua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2006
Sold by
Royal Lepage Relocation Svcs I
Bought by
Shimin Wei and Lihua Zhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.71%

Purchase Details

Closed on
Aug 21, 2006
Sold by
Hernandez Patricio
Bought by
Royal Lepage Relocation Svcs I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.71%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Gorder John
Bought by
Hernandez Patricio and Hernandez Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.2%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Pulte Home Corp
Bought by
Gorder John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,950
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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
Zhao Yi $1,192,500 Fidelity National Title
Lin Zinan $795,000 --
Lin Zinan $795,000 --
Wei Shimin -- None Available
Shimin Wei $760,000 --
Royal Lepage Relocation Svcs I $759,000 --
Hernandez Patricio $510,000 --
Gorder John $421,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Yi $834,750
Previous Owner Han Feng $548,000
Previous Owner Han Feng $390,000
Previous Owner Lin Zinan $560,000
Previous Owner Zhu Julie Lihua $500,000
Previous Owner Wei Shimin $530,000
Previous Owner Zhu Lihua $535,500
Previous Owner Wei Shimin $550,000
Previous Owner Shimin Wei $580,000
Previous Owner Hernandez Patricio $408,000
Previous Owner Gorder John $399,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $1,192,500 +19.5% $440 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $998,000 -- $368 / 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
2024 $16,550 $930,300 $281,800 $648,500
2023 $15,824 $839,000 $281,800 $557,200
2022 $15,738 $782,600 $281,800 $500,800
2021 $15,817 $749,600 $285,200 $464,400
2020 $15,284 $729,900 $285,200 $444,700
2019 $15,467 $760,400 $285,200 $475,200
2018 $15,557 $775,900 $285,200 $490,700
2017 $15,558 $782,200 $285,200 $497,000
2016 $15,567 $797,900 $295,200 $502,700
2015 $14,650 $764,600 $295,200 $469,400
2014 $13,904 $718,900 $295,200 $423,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3904575

Garden State MLS

APN: 02-10702-0000-00007