Seller's Agent in 2025
Kelly Peterpaul
COLDWELL BANKER REALTY
(908) 410-6777
95 in this area
130 Total Sales
81 Butternut Ln Basking Ridge, NJ 07920
6
Beds
6
Baths
--
Sq Ft
3.73
Acres
About This Home
As of July 2025This home is located at 81 Butternut Ln, Basking Ridge, NJ 07920 and is currently priced at $2,490,000. This property was built in 1993. 81 Butternut Ln 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
COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 05/06/2025
Last Buyer's Agent
SARA PARKER HENDERSON
LOIS SCHNEIDER REALTOR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,039
Year Built
- Built in 1993
Lot Details
- 3.73 Acre Lot
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2025
Closed on
Jul 24, 2025
Sold by
Madaio Michael and Madaio Barbara
Bought by
Hwang Lewis and Hwang Van Patten
Seller's Agent
Kelly Peterpaul
COLDWELL BANKER REALTY
Buyer's Agent
SARA PARKER HENDERSON
LOIS SCHNEIDER REALTOR
List Price
$2,349,000
Sold Price
$2,490,000
Premium/Discount to List
$141,000
6%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.46%
Original Mortgage
$1,992,000
Outstanding Balance
$1,990,066
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$331,465
Purchase Details
Closed on
Jul 31, 1998
Sold by
Stout Michael G
Bought by
Schueler Kirk R and Schueler Linda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.92%
Purchase Details
Closed on
Aug 5, 1993
Sold by
Mannion Colman
Bought by
Stout Michael and Stout Shelley
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,490,000 | None Listed On Document | |
| Deed | $2,490,000 | None Listed On Document | |
| Deed | $1,300,000 | -- | |
| Deed | $944,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,992,000 | New Conventional | |
| Closed | $1,992,000 | New Conventional | |
| Previous Owner | $500,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $2,490,000 | +6.0% | -- |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $2,349,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $28,039 | $1,695,600 | $452,200 | $1,243,400 |
| 2024 | $28,039 | $1,576,100 | $408,200 | $1,167,900 |
| 2023 | $25,759 | $1,365,800 | $408,200 | $957,600 |
| 2022 | $27,048 | $1,345,000 | $408,200 | $936,800 |
| 2021 | $26,303 | $1,252,600 | $408,200 | $844,400 |
| 2020 | $28,667 | $1,369,000 | $392,200 | $976,800 |
| 2019 | $30,028 | $1,476,300 | $418,300 | $1,058,000 |
| 2018 | $28,196 | $1,406,300 | $418,300 | $988,000 |
| 2017 | $28,542 | $1,435,000 | $430,300 | $1,004,700 |
| 2016 | $29,593 | $1,516,800 | $445,100 | $1,071,700 |
| 2015 | $29,832 | $1,557,000 | $472,100 | $1,084,900 |
| 2014 | $31,455 | $1,626,400 | $517,100 | $1,109,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Peterpaul
-
S
Buyer's Agent in 2025
SARA PARKER HENDERSON
LOIS SCHNEIDER REALTOR
Map
Source: Garden State MLS
MLS Number: 3961137
APN: 02-00401-0000-00001
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