$1,740,000
SOLD FEB 28, 2025

8 Morrison St Basking Ridge, NJ 07920

5 Beds
6 Baths
-- Sq Ft
0.55 Acres

Recently Sold

2% Above List Price

20 Days on Market

About This Home

As of February 2025

This home is located at 8 Morrison St, Basking Ridge, NJ 07920 and is currently priced at $1,740,000. This property was built in 1998. 8 Morrison St is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 01/09/2025

BHHS FOX & ROACH

Last Buyer's Agent

Matthew Lane

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,425

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,425

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 8
  • I D: 5331894
  • Modified: 2025-05-06
  • Number Images: 0
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 0.5519AC
  • Total Acres: 0.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 27, 2025
Sold by
North Jersey Builders Group Llc
Bought by
Donnelly Sean William and Donnelly Madeline Sue
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
Matthew Lane
COMPASS NEW JERSEY LLC
List Price
$1,699,000
Sold Price
$1,740,000
Premium/Discount to List
$41,000
2.41%
Views
62
Current Estimated Value
$1,719,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,728
Avg. Annual Appreciation
-2.01%
Original Mortgage
$1,392,000
Outstanding Balance
$1,384,347
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$334,925

Purchase Details

Closed on
Mar 4, 2024
Sold by
Salter James E and Salter Linda
Bought by
North Jersey Builders Group Llc

Purchase Details

Closed on
May 21, 1998
Sold by
Basking Ridge Estates
Bought by
Salter James E and Salter Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.03%
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 Type Sale Price Title Company
Deed $1,740,000 First American Title
Deed $1,740,000 First American Title
Bargain Sale Deed $850,000 Old Republic Title
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,392,000 New Conventional
Closed $1,392,000 New Conventional
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,740,000 +2.4% --
01/29/2025 01/29/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $1,699,000 -- --
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 $19,425 $1,141,900 $409,200 $732,700
2024 $19,425 $1,091,900 $359,200 $732,700
2023 $17,970 $952,800 $359,200 $593,600
2022 $18,668 $928,300 $359,200 $569,100
2021 $18,606 $881,800 $359,200 $522,600
2020 $18,031 $861,100 $359,200 $501,900
2019 $19,303 $949,000 $373,800 $575,200
2018 $18,899 $942,600 $373,800 $568,800
2017 $19,586 $984,700 $373,800 $610,900
2016 $19,483 $998,600 $353,800 $644,800
2015 $18,480 $964,500 $348,400 $616,100
2014 $18,236 $942,900 $348,400 $594,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanchard

    Seller's Agent in 2025

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    137 in this area

    220 Total Sales

    Jennifer Blanchard
    Section Image
  • Matthew Lane

    Buyer's Agent in 2025

    Matthew Lane

    COMPASS NEW JERSEY LLC

    (973) 943-0071

    1 in this area

    50 Total Sales

    Matthew Lane
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3940798

Garden State MLS

APN: 02-01206-0000-00018

New Jersey Somerset County Basking Ridge 07920

8 Morrison St, Basking Ridge, NJ

This home is located at 8 Morrison St, Basking Ridge, NJ 07920 and is currently priced at $1,740,000. This property was built in 1998. 8 Morrison St is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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