NOT LISTED FOR SALE

76 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $661,000 - $730,419

3 Beds
2.5 Baths
1,580 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $592,000 $375 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,681/month

11 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Recreation Room
  • Cedar Hill Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of October 2022

Don't miss this turnkey, expanded 3BR, 2.1B half duplex in one of the most tranquil settings in Spring Ridge. Professional landscaping with an eye toward beauty as well as maintenance, and mature trees for privacy welcome you home. Inside, the home's seamless floor plan creates the perfect setting whether entertaining or just relaxing. Porcelain tile (2021) in the foyer blends with just-refinished hardwood flooring (2022) in the kitchen, living, and dining rooms. Furniture quality cabinetry and stainless steel appliances that include a SubZero refrigerator, Electrolux induction range, & KitchenAid dishwasher make meal prep and cleanup a breeze. The living room features a soaring two-story ceiling height with new skylight (2022), and a fireplace with SS chimney cap and new back panel (2021). The spacious first floor primary has bath ensuite and hardwood flooring. All baths were renovated (2021), and the primary is a show stopper with frameless shower, Marmo Bianco tile walls with quartz shelf, marble countertop, and Kenzi Azila porcelain flooring for depth and style. Upstairs, there are two additional bedrooms, plus renovated bath (2021) and the perfect office/loft space whether working from home or just finding a private space. The finished basement features two completely renovated rooms, plus generous storage space and laundry. Outside is a true sanctuary with privacy, deck and specimen plantings. Inner workings: driveway (2018), furnace (2021), lower room (2021) and more!

Last Agent to Sell the Property

Marie Young

COLDWELL BANKER REALTY Listed on: 07/21/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

WENJUN ZHAO

GARDEN HOME REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Half Duplex
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,580 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Storage Room
  • Utility Room

Kitchen

  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08602-0000-00106-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,592

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Style: 1/2 Duplex, Multi Floor Unit, 1/2 Duplex, Multi Floor Unit
  • Primary Style: 1/2 Duplex, 1/2 Duplex
  • Subproperty Type: Condo/Coop/Townhouse, Condo/Coop/Townhouse
  • Community Living: Yes, Yes
  • Year Built: 1987, 1987
  • Year Built Description: Approximate, Renovated, Approximate, Renovated
  • County Name: Somerset, Somerset
  • Exclusions: On file, On file
  • Renovated Year: 2021, 2021
  • Street Number Display: 76, 76
  • Directions: King George Road to Spring Valley to second right onto Commonwealth. House on left, King George Road to Spring Valley to second right onto Commonwealth. House on left
  • I D: 5167594, 5167594
  • Modified: 2023-10-04, 2023-10-04
  • Number Images: 34, 34
  • Section Subdiv Development: Spring Ridge, Spring Ridge
  • First Name: MARIE, MARIE
  • First Name3: WENJUN, WENJUN
  • Last Name: YOUNG, YOUNG
  • Last Name3: ZHAO, ZHAO
  • Office Phone: 908-812-2010, 908-812-2010
  • Attribution Contact: null, null
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood, Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning, Living Room, Wood Burning
  • Number of Fireplaces: 1, 1
  • Appliances: CookIndu, Dishwasher, Dryer, Microwave Oven, Refrigerator, Sump Pump, Washer, CookIndu, Dishwasher, Dryer, Microwave Oven, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallShw, StallTub, TubShowr, Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallShw, StallTub, TubShowr
  • Number Rooms: 7, 7
  • Bedrooms: 3, 3
  • Master Bedroom Desc: 1st Floor, Full Bath, 1st Floor, Full Bath
  • Bedroom 1 Level: First, First
  • Bedroom 2 Level: Second, Second
  • Bedroom 3 Level: Second, Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower, Soaking Tub, Stall Shower
  • Bathrooms: 2.10, 2.10
  • Full Bathrooms: 2, 2
  • Half Bathrooms: 1, 1
  • Basement: Yes, Yes
  • Basement Description: Finished-Partially, Full, Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Office, Rec Room, Storage Room, Utility Room, Laundry Room, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First, First
  • Dining Area: Formal Dining Room, Formal Dining Room
  • Kitchen Area: Center Island, Pantry, Center Island, Pantry
  • Kitchen Dim: 11x12, 11x12
  • Kitchen Level: First, First
  • Living Room Dim: 13x19, 13x19
  • Living Room Level: First, First
  • Other Room 1: Loft, Loft
  • Other Room1 Dim: 9x11, 9x11
  • Other Room1 Level: Second, Second
  • Other Room 2: Rec Room, Rec Room
  • Other Room2 Dim: 13x22, 13x22
  • Other Room2 Level: Basement, Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Foyer, GarEnter, Kitchen, Living Room, Powder Room, 1 Bedroom, Bath(s) Other, Dining Room, Foyer, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Loft, Storage Room, 2 Bedrooms, Bath Main, Loft, Storage Room
  • Estimated Sq Ft: 1580, 1580
  • Phone: 908-766-0808, 908-766-0808

Exterior Features

  • Exterior Description: Vinyl Siding, Vinyl Siding
  • Exterior Features: Curbs, Deck, Patio, Sidewalk, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler, Curbs, Deck, Patio, Sidewalk, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes, Yes
  • Pool Description: Association Pool, Association Pool
  • Roof Description: Asphalt Shingle, Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc, Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1, 1
  • Parking Driveway Description: 1 Car Width, Blacktop, 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air, 1 Unit, Central Air
  • Fuel Type: Gas-Natural, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural, All Underground, Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra, Public Water, Water Charge Extra
  • Water Heater: Gas, Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts, Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 144, 144
  • Association Maintenance Fee Frequency: Quarterly, Quarterly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Common Area
  • Home Warranty: Yes, Yes

Fee Information

  • Other Fee Freqency: One Time, One Time

Schools

  • Elementary School: CEDAR HILL, CEDAR HILL
  • Middle School: W ANNIN, W ANNIN
  • High School: RIDGE, RIDGE
  • High School: RIDGE, RIDGE
  • Middle Jr High School: W ANNIN, W ANNIN

Lot Info

  • Lot Size: 0.13AC, 0.13AC
  • Assessed Improvement Value: 291400, 291400
  • Assessed Land Value: 232000, 232000
  • Assessment: 523400, 523400
  • Easement: Unknown, Unknown
  • Lot Description: Open Lot, Wooded Lot, Open Lot, Wooded Lot
  • Lot Identifier: 106, 106
  • Lot I D Tax: *, *
  • Lot Size Tax: *, *
  • Total Acres: 0.13, 0.13
  • Zoning: Residential, Residential

Rental Info

  • Application Fee: 500, 500
  • Pets Allowed: Call, CatsOK, NumLimit, Call, CatsOK, NumLimit

Tax Info

  • Tax Acres: *, *
  • Assessed Improvement Value: *, *
  • Assessed Land Value: *, *
  • Total Tax Assessed: *, *
  • Streetname Tax: *, *
  • Street Number Tax: *, *
  • Tax Amount: 9592, 9592
  • Tax Amount Tax: *, *
  • Assessor Parcel Number: 2702-08602-0000-00106-0000-, 2702-08602-0000-00106-0000-
  • Assessor Parcel Number: *, *
  • Tax Rate Amount: 2.110, 2.110
  • Tax Rate Tax: *, *
  • Tax Rate Year: 2021, 2021
  • Tax Year Tax: *, *
  • Tax Year: 2021, 2021

MLS Schools

  • Grade School: CEDAR HILL, CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 29, 2022
Sold by
Forzani Rinaldo and Forzani Lorraine
Bought by
Zhang Tao and Ruan Shiya
Seller's Agent
Marie Young
COLDWELL BANKER REALTY
Buyer's Agent
WENJUN ZHAO
GARDEN HOME REALTY
List Price
$575,000
Sold Price
$592,000
Premium/Discount to List
$17,000
2.96%
Current Estimated Value
$703,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,605
Avg. Annual Appreciation
5.93%
Original Mortgage
$372,000
Outstanding Balance
$356,714
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$346,891
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Tao $592,000 --
Zhang Tao $592,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Tao $372,000
Closed Zhang Tao $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $592,000 +3.0% $375 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $575,000 -- $364 / 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 $10,831 $656,300 $272,800 $383,500
2024 $10,831 $608,800 $232,000 $376,800
2023 $11,052 $586,000 $232,000 $354,000
2022 $10,526 $523,400 $232,000 $291,400
2021 $10,050 $476,300 $232,000 $244,300
2020 $9,593 $458,100 $229,000 $229,100
2019 $9,718 $477,800 $229,000 $248,800
2018 $9,359 $466,800 $229,000 $237,800
2017 $8,990 $452,000 $229,000 $223,000
2016 $8,643 $443,000 $229,000 $214,000
2015 $8,467 $441,900 $229,000 $212,900
2014 $8,144 $421,100 $229,000 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3797668

Garden State MLS

APN: 02-08602-0000-00106