NOT LISTED FOR SALE

80 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $695,000 - $736,000

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

Last Sold May 06, 2021

Last sale price $545,000

Est. 32% increase in value since last sale

Current estimated payment $4,940/month

Highlights

  • Private Pool
  • Clubhouse
  • Recreation Room
  • Cedar Hill Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2021

This newly renovated home features 3-bedroom 2.1 bath with a finished basement, newer windows and updated systems. An open floor plan to give this space lots of natural light. Beautiful high ceiling with a second-floor loft over looking the living room. Kitchen has quartz countertops, SS appliances, new tile flooring and cabinetry. All new windows and slider door in dining room leading onto large manufactured deck with views of private backyard. First floor master with en-suite. Freshly painted throughout interior of home. Front entrance offers handicap accessible ramp or can be removed.. In a community with top rated schools and conveniences.

Last Listed By

D. WENDELL CARPENTER

COLDWELL BANKER REALTY Listed on: 03/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,227

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 6,098

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Family or Dining Combination
  • Recreation Room
  • Loft
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck

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
  • Gas Water Heater

Additional Features

  • Handicap Modified
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-08602-0000-00104-0000-
  • Tax Block *

Community Details

Recreation

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

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,227

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Style: Duplex, Multi Floor Unit
  • Primary Style: Duplex
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Renovated
  • County Name: Somerset
  • Handicap Modified: Yes
  • Renovated Year: 2018
  • Street Number Display: 80
  • Directions: Stonehouse Rd to Spring Ridge entrance, right onto Commonwealth to #80 on left.
  • I D: 5052382
  • Modified: 2022-05-07
  • Number Images: 8
  • Section Subdiv Development: Spring Ridge
  • First Name: D. WENDELL
  • First Name3: RASHI
  • Last Name: CARPENTER
  • Last Name3: TALWAR
  • Office Phone: 908-766-8347
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 12x9
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Dim: 29x22
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 10x6
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 12x6
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, GarEnter, Kitchen, LivDinRm, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Loft
  • Phone: 908-766-0808

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 144
  • Association Maintenance Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Size: 0.14AC
  • Assessed Improvement Value: 258900
  • Assessed Land Value: 229500
  • Assessment: 488400
  • Easement: Unknown
  • Lot Identifier: 104
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10227
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08602-0000-00104-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 6, 2021
Sold by
Feroze Rana Kashif
Bought by
Tamhane Samit Vijay and Tamhane Suvarna
Seller's Agent
D. WENDELL CARPENTER
COLDWELL BANKER REALTY
Buyer's Agent
RASHI TALWAR
BHHS FOX & ROACH
List Price
$529,000
Sold Price
$545,000
Premium/Discount to List
$16,000
3.02%
Total Days on Market
0
Current Estimated Value
$718,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,686
Avg. Annual Appreciation
7.87%
Original Mortgage
$490,600
Outstanding Balance
$454,857
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$285,332

Purchase Details

Listed on
Nov 18, 2015
Closed on
Nov 13, 2015
Sold by
Tang Xiujia
Bought by
Feroze Rana Kahif and Feroze Ayesha
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$360,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Tamhane Samit Vijay $545,000 None Available
Feroze Rana Kahif $450,000 Golden Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamhane Samit Vijay $490,600
Previous Owner Feroze Rana Kahif $360,000
Previous Owner Bologno James A $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $545,000 +3.0% --
03/16/2021 03/16/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $529,000 +17.6% --
11/18/2015 11/18/15 Sold $450,000 -- --
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
2024 $10,658 $599,100 $232,500 $366,600
2023 $10,911 $578,500 $232,500 $346,000
2022 $10,646 $529,400 $232,500 $296,900
2021 $10,708 $507,500 $232,500 $275,000
2020 $10,227 $488,400 $229,500 $258,900
2019 $9,969 $490,100 $229,500 $260,600
2018 $9,315 $464,600 $229,500 $235,100
2017 $8,501 $427,400 $229,500 $197,900
2016 $8,360 $428,500 $229,500 $199,000
2015 $8,099 $422,700 $229,500 $193,200
2014 $7,935 $410,300 $229,500 $180,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3698210

Garden State MLS

APN: 02-08602-0000-00104