NOT LISTED FOR SALE

83 Alder Ln Basking Ridge, NJ 07920

The Hills Neighborhood

Estimated Value: $1,285,461 - $1,366,000

4 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 06, 2023

Last sale price $1,180,000

Est. 13% increase in value since last sale

Current estimated payment $8,957/month

21 Days on Market

About This Home

As of July 2023

This home is located at 83 Alder Ln, Basking Ridge, NJ 07920 since 25 May 2023 and is currently estimated at $1,335,115. This property was built in 1994. 83 Alder Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Gary Martin

BHHS FOX & ROACH Brokerage Phone: 203-482-0102 Listed on: 05/25/2023

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,238

Year Built

  • Built in 1994

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,238

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Somerset
  • Street Number Display: 83
  • I D: 5223192
  • Modified: 2024-07-07
  • Attribution Contact: 203-482-0102
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .19AC
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 5, 2023
Sold by
Singh Satnam and Singh Harshita
Bought by
Kumar Ankur and Kanesan Rathna Shreevidhya
Buyer's Agent
Gary Martin
BHHS FOX & ROACH
List Price
$1,149,999
Sold Price
$1,180,000
Premium/Discount to List
$30,001
2.61%
Total Days on Market
21
Views
191
Current Estimated Value
$1,335,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,115
Avg. Annual Appreciation
6.79%
Original Mortgage
$800,000
Outstanding Balance
$784,807
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$550,308

Purchase Details

Listed on
Aug 28, 2014
Closed on
Aug 28, 2014
Sold by
Tarabocchia Silvia M and Tarabocchia Frank E
Bought by
Singh Satnam and Malhotra Harshitha
Seller's Agent
CLAIRE SHADOOD
RE/MAX PINNACLE
Buyer's Agent
Adeel Salam
FOUR POINT REALTY, LLC
Sold Price
$865,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$692,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1999
Sold by
Mcgoverbn Kevin
Bought by
Trabocchia Frank and Tarabocchia Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 18, 1994
Sold by
Hill Devel
Bought by
Mcgorvern Kevin and Weslowski Lori

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
7.07%

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
Kumar Ankur $1,180,000 None Listed On Document
Singh Satnam $865,000 Stewart Title Guaranty Co
Singh Satnam $865,000 Stewart Title Guaranty Co
Trabocchia Frank $405,000 --
Mcgorvern Kevin $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Ankur $800,000
Previous Owner Sing Satnam $390,000
Previous Owner Singh Satnam $692,000
Previous Owner Tarabocchia Frank E $413,900
Previous Owner Tarabocchia Frank E $417,000
Previous Owner Trabocchia Frank $310,000
Previous Owner Mcgorvern Kevin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $1,180,000 +2.6% --
05/25/2023 05/25/23 For Sale $1,149,999 +32.9% --
08/28/2014 08/28/14 Sold $865,000 -- --
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 $18,238 $1,025,200 $300,700 $724,500
2023 $17,319 $918,300 $300,700 $617,600
2022 $15,696 $780,500 $295,700 $484,800
2021 $15,436 $732,600 $295,700 $436,900
2020 $15,510 $740,700 $295,700 $445,000
2019 $15,481 $761,100 $297,600 $463,500
2018 $15,894 $792,700 $297,600 $495,100
2017 $16,334 $821,200 $297,600 $523,600
2016 $16,570 $849,300 $297,600 $551,700
2015 $16,106 $840,600 $282,600 $558,000
2014 -- $747,100 $282,600 $464,500
Source: Public Records

Agents Affiliated with this Home

  • Gary Martin

    Buyer's Agent in 2023

    Gary Martin

    BHHS FOX & ROACH

    (917) 449-7740

    1 in this area

    79 Total Sales

    Gary Martin
    Section Image
  • CLAIRE SHADOOD

    Seller's Agent in 2014

    CLAIRE SHADOOD

    RE/MAX

    (908) 306-9600

    4 in this area

    38 Total Sales

    CLAIRE SHADOOD
    Section Image

  • A

    Buyer's Agent in 2014

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    39 Total Sales

    Adeel Salam
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3845676

Garden State MLS

APN: 02-09804-0000-00052

New Jersey Somerset County Basking Ridge 07920 The Hills

83 Alder Ln, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 83 Alder Ln, Basking Ridge, NJ 07920 since 25 May 2023 and is currently estimated at $1,335,115. This property was built in 1994. 83 Alder Ln is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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