NOT LISTED FOR SALE

85 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,635,000 - $1,779,000

4 Beds
3.5 Baths
3,862 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $1,288,888 $334 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,564/month

8 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Colonial Architecture
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Clubhouse

About This Home

As of August 2021

Magnificent Well Appointed Colonial w/Distinctive Architectural Features & Open Versatile Floor Plan! Prestigious, much sought after Independence Hills community w/highly rated schools! Gourmet EIK: Honey Maple Cab's, Large Granite Island w/Wolf Cooktop, SS APPS, Walk-In Pantry, Triple Oven/Warmer. Premium Design Multi-Level Deck w/ Lighting overlooking Tranquil & Lush Yard! Majestic Master Suite w/Sitting Area, Lighted Tray Ceiling, Private Bath Including Jetted Tub, Double Vanities, Vaulted Ceiling, Turkish Travertine Shower w/ Body Spa Shower, Dual W/I Closets w/Custom Organizers. Formal DR w/Expanded Arched Entry. Formal Colonial LR w/Italian Marble FP. Spacious FR w/2 Story Travertine FP, Soaring Vaulted Ceiling. Private Study w/French Doors & Custom Cabinetry. Many EXTRA's & UPGRADES!!

Last Agent to Sell the Property

EDWARD P NUGENT III

RED DOOR REAL ESTATE Listed on: 06/18/2021

Last Buyer's Agent

EDWARD P NUGENT III

RED DOOR REAL ESTATE Listed on: 06/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,612

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,862 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • Standard Electricity
  • Generator Hookup

Listing and Financial Details

  • Assessor Parcel Number 2702-10202-0000-00002-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,612

Year Built

Built in 1998

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1998
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Wall sconces, valances in dining room, and washer/dryer do not convey
  • Renovated Year: 2009
  • Street Number Display: 85
  • Directions: Liberty Corner Rd to Allen Rd to Independence Drive
  • I D: 5075576
  • Modified: 2022-08-17
  • Number Images: 25
  • Section Subdiv Development: Independence Hill
  • First Name: EDWARD P
  • First Name3: EDWARD P
  • Last Name: NUGENT III
  • Last Name3: NUGENT III
  • Office Phone: 242842
  • Office Phone3: 242842
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Generator-Hookup, Instant Hot Water, Jennaire Type, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWElec
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, JacuzTyp, Security System, Skylight, Smoke Detector, StallTub, Stereo System, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 27x18
  • Kitchen Level: First
  • Living Room Dim: 16x15
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Library, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 3862
  • Phone: 732-893-8339

Exterior Features

  • Exterior Description: Brick, ConcBrd
  • Exterior Features: Curbs, Deck, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 3 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Jogging/Biking Path, MulSport, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 456
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Lot Info

  • Lot Size: 0.46AC
  • Assessed Improvement Value: 720400
  • Assessed Land Value: 384100
  • Assessment: 1104500
  • Easement: Unknown
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 24612
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10202-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 22, 2021
Sold by
Bonsignore William and Bonsignore Holly M
Bought by
Rao Santhosh and Rao Saritha
Seller's Agent
EDWARD P NUGENT III
RED DOOR REAL ESTATE
Buyer's Agent
EDWARD P NUGENT III
RED DOOR REAL ESTATE
List Price
$1,288,888
Sold Price
$1,288,888
Current Estimated Value
$1,714,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,065
Avg. Annual Appreciation
8.04%
Original Mortgage
$773,332
Outstanding Balance
$662,918
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,090,351

Purchase Details

Closed on
Aug 2, 2010
Sold by
Mehta Mukesh and Mehta Anisha
Bought by
Bonsignore William and Bonsignore Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
Sold by
Yan Xuan and Kung Delphine
Bought by
Mehta Mukesh and Mehta Anisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Corrado David P and Corrado Janice L
Bought by
Yan Xuan and Kung Delphine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Indenpendence Hill Lp
Bought by
Corrado David and Corrado Janice
Source: Public Records

Range of Values:

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Average Value
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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
Rao Santhosh $1,288,888 Allied Title Llc
Bonsignore William $1,285,000 Associated Title Agency Llc
Mehta Mukesh $1,140,000 Ticor
Yan Xuan $1,100,000 Multiple
Corrado David $609,785 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Santhosh $773,332
Previous Owner Bonsignore Holly M $625,500
Previous Owner Bonsignore William $140,000
Previous Owner Bonsignore William $729,750
Previous Owner Mehta Mukesh $729,000
Previous Owner Yan Xuan $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $1,288,888 0.0% $334 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $1,288,888 -- $334 / Sq Ft
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 $24,662 $1,386,300 $399,100 $987,200
2023 $24,331 $1,290,100 $399,100 $891,000
2022 $24,082 $1,197,500 $399,100 $798,400
2021 $23,305 $1,104,500 $384,100 $720,400
2020 $24,613 $1,175,400 $384,100 $791,300
2019 $24,900 $1,224,200 $384,100 $840,100
2018 $24,639 $1,228,900 $388,800 $840,100
2017 $24,119 $1,212,600 $388,800 $823,800
2016 $22,971 $1,177,400 $384,100 $793,300
2015 $23,226 $1,212,200 $408,800 $803,400
2014 $23,123 $1,195,600 $408,800 $786,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    EDWARD P NUGENT III

    RED DOOR REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3721303

Garden State MLS

APN: 02-10202-0000-00002

New Jersey Somerset County Basking Ridge 07920

85 Independence Dr, Basking Ridge, NJ

This home is located at 85 Independence Dr, Basking Ridge, NJ 07920 since 18 June 2021 and is currently estimated at $1,714,953, approximately $444 per square foot. This property was built in 1998. 85 Independence Dr 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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