NOT LISTED FOR SALE

78 Commonwealth Dr Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $659,000 - $708,105

3 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: October 17, 2025

Last sale price $645,000

Est. 6% increase in value since last sale

Current estimated payment $4,581 / mo

54 Days on Market

About This Home

As of October 2025

This home is located at 78 Commonwealth Dr, Basking Ridge, NJ 07920 since 21 July 2025 and is currently estimated at $682,526. This property was built in 1987. 78 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.

Last Agent to Sell the Property

JAMES MULVEY

C-21 NEW BEGINNINGS Brokerage Phone: 908-647-2000 Listed on: 07/21/2025

Last Buyer's Agent

Siu Wong

KL SOTHEBY'S INT'L. REALTY

KL SOTHEBY'S INT'L. REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5372886
  • Attribution Contact: 908-647-2000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.14AC
  • Total Acres: 0.14

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
Jul 21, 2025
Closed on
Oct 6, 2025
Sold by
Gould Joyce
Bought by
Seller's Agent
JAMES MULVEY
C-21 NEW BEGINNINGS
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
List Price
$699,900
Sold Price
$645,000
Premium/Discount to List
-$54,900
-7.84%
Views
186
Current Estimated Value
$682,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,526
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Jan 6, 1999
Sold by
Desai Heide
Bought by
Forzani Rinaldo and Forzani Lorraine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Basking Ridge, NJ

  • Debra Ross Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Debra Ross

    KL SOTHEBY'S INT'L. REALTY

    (848) 305-1871

    65 Total Sales

    5 in Bernards

    $645K - $1.9M Price Range

    Debra Ross
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  • Christina Roche Real Estate Agent - NEXTHOME PREMIER

    Christina Roche

    NEXTHOME PREMIER

    (848) 281-0595

    82 Total Sales

    6 in Bernards

    $338K - $857K Price Range

    Christina Roche
     Section Image
  • Tara Rodriguez Real Estate Agent - KELLER WILLIAMS INTEGRITY

    Tara Rodriguez

    Responds Quickly

    KELLER WILLIAMS INTEGRITY

    (973) 381-8082

    108 Total Sales

    1 in Bernards

    $1,050,000 Price

    Tara Rodriguez
     Section Image
  • Elizabeth DelCasale Real Estate Agent - COLDWELL BANKER REALTY

    Elizabeth DelCasale

    COLDWELL BANKER REALTY

    (908) 970-8068

    94 Total Sales

    3 in Bernards

    $688K - $2M Price Range

    Elizabeth DelCasale
     Section Image
  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Bernards

    $400,000 Price

    Massimo Chirichiello
     Section Image
  • Pina Pagliuca Real Estate Agent - Epique Realty

    Pina Pagliuca

    Epique Realty

    (973) 314-2253

    46 Total Sales

    2 in Bernards

    $405K - $510K Price Range

    Pina Pagliuca
     Section Image
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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
$645,000 Hometown Title
Forzani Rinaldo $232,000 --
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
10/17/2025 10/17/25 Sold $645,000 -3.0% --
09/15/2025 09/15/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $664,900 -5.0% --
07/23/2025 07/23/25 For Sale $699,900 -- --
Source: Garden State 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
2026 $9,777 $618,800 $273,000 $345,800
2025 $9,448 $579,200 $273,000 $306,200
2024 $9,448 $531,100 $232,500 $298,600
2023 $9,703 $514,500 $232,500 $282,000
2022 $9,544 $474,600 $232,500 $242,100
2021 $8,576 $452,500 $232,500 $220,000
2020 $9,170 $437,900 $229,500 $208,400
2019 $9,173 $451,000 $229,500 $221,500
2018 $8,872 $442,500 $229,500 $213,000
2017 $8,573 $431,000 $229,500 $201,500
2016 $8,270 $423,900 $229,500 $194,400
2015 $7,853 $422,900 $229,500 $193,400
2014 $7,685 $410,300 $229,500 $180,800
Source: Public Records

Agents Affiliated with this Home

  • JM

    Seller's Agent in 2025

    JAMES MULVEY

    C-21 NEW BEGINNINGS

  • Siu Wong Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Buyer's Agent in 2025

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    224 Total Sales

    Siu Wong
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Map

Source: Garden State MLS

MLS Number: 3976612

Garden State MLS

APN: 02-08602-0000-00105

New Jersey Somerset County Basking Ridge 07920

78 Commonwealth Dr, Basking Ridge, NJ

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