NOT LISTED FOR SALE

8 Vail Terrace Basking Ridge, NJ 07920

Estimated Value: $1,046,000 - $1,135,000

4 Beds
3 Baths
-- Sq Ft
0.93 Acres

Last Sold September 07, 2023

Last sale price $865,000

Est. 25% increase in value since last sale

Current estimated payment $6,988/month

5 Days on Market

About This Home

As of September 2023

This home is located at 8 Vail Terrace, Basking Ridge, NJ 07920 since 25 July 2023 and is currently estimated at $1,082,634. 8 Vail Terrace 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

Claudia Marrone

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 07/25/2023

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

MICHELLE GIORDANO

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,976

Lot Details

  • 0.93 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,976

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 8
  • I D: 5235005
  • Modified: 2025-07-20
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .93AC
  • Total Acres: 0.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Sep 7, 2023
Sold by
Young Christopher and Young Kelly
Bought by
Sinha Arijit and Singh Ankita
Seller's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MICHELLE GIORDANO
COMPASS NEW JERSEY, LLC
List Price
$749,000
Sold Price
$865,000
Premium/Discount to List
$116,000
15.49%
Views
18
Current Estimated Value
$1,082,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,634
Avg. Annual Appreciation
11.51%
Original Mortgage
$765,000
Outstanding Balance
$748,592
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$334,042

Purchase Details

Closed on
Jul 16, 2007
Sold by
Kierst Robert and Kierst Joyce
Bought by
Young Christopher and Young Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Sinha Arijit $865,000 Elite Title Group
Sinha Arijit $865,000 Elite Title Group
Young Christopher $720,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinha Arijit $765,000
Closed Sinha Arijit $765,000
Previous Owner Young Christopher $576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $865,000 +15.5% --
08/03/2023 08/03/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $749,000 -- --
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 $14,976 $939,000 $407,200 $531,800
2024 $14,976 $841,800 $378,700 $463,100
2023 $15,139 $802,700 $378,700 $424,000
2022 $15,559 $773,700 $378,700 $395,000
2021 $14,901 $706,200 $359,700 $346,500
2020 $14,455 $690,300 $349,500 $340,800
2019 $14,130 $694,700 $349,500 $345,200
2018 $13,929 $694,700 $349,500 $345,200
2017 $13,670 $687,300 $349,500 $337,800
2016 $13,758 $705,200 $359,000 $346,200
2015 $13,425 $700,700 $367,800 $332,900
2014 $13,130 $678,900 $367,800 $311,100
Source: Public Records

Agents Affiliated with this Home

  • Claudia Marrone

    Seller's Agent in 2023

    Claudia Marrone

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 393-8143

    4 in this area

    70 Total Sales

    Claudia Marrone
    Section Image

  • M

    Buyer's Agent in 2023

    MICHELLE GIORDANO

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3856142

Garden State MLS

APN: 02-02501-0000-00027

New Jersey Somerset County Basking Ridge 07920

8 Vail Terrace, Basking Ridge, NJ

This home is located at 8 Vail Terrace, Basking Ridge, NJ 07920 since 25 July 2023 and is currently estimated at $1,082,634. 8 Vail Terrace 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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