NOT LISTED FOR SALE

85 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $741,000 - $1,087,000

3 Beds
2 Baths
1,038 Sq Ft
$833/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $550,000 $530 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,679/month

7 Days on Market

About This Home

As of July 2022

This home is located at 85 Spencer Rd, Basking Ridge, NJ 07920 since 22 May 2022 and is currently estimated at $864,964, approximately $833 per square foot. This property was built in 1951. 85 Spencer Rd 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

Cheryl Maddaluna

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 05/22/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Cheryl Maddaluna

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 05/22/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,111

Year Built

  • Built in 1951

Lot Details

  • 0.69 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,111

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • County Name: Somerset
  • Street Number Display: 85
  • I D: 5152544
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .69AC
  • Total Acres: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Jul 13, 2022
Sold by
Richard Hall
Bought by
Capriglione Vincenzo and Capriglione Samantha
Seller's Agent
Cheryl Maddaluna
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Cheryl Maddaluna
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%
Current Estimated Value
$864,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,964
Avg. Annual Appreciation
15.15%
Original Mortgage
$522,500
Outstanding Balance
$500,588
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$364,376
Source: Public Records

Range of Values:

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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
Capriglione Vincenzo $550,000 Bisogno Vincent T
Capriglione Vincenzo $550,000 Bisogno Vincent T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capriglione Vincenzo $522,500
Closed Capriglione Vincenzo $522,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $550,000 -1.6% $530 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $559,000 -- $539 / 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
2025 $13,111 $758,000 $417,300 $340,700
2024 $13,111 $737,000 $382,300 $354,700
2023 $10,067 $533,800 $382,300 $151,500
2022 $10,516 $522,900 $382,300 $140,600
2021 $9,817 $511,700 $382,300 $129,400
2020 $10,340 $493,800 $379,200 $114,600
2019 $10,078 $495,500 $379,200 $116,300
2018 $9,899 $493,700 $382,600 $111,100
2017 $9,820 $493,700 $382,600 $111,100
2016 $9,351 $479,300 $382,600 $96,700
2015 $8,742 $469,300 $372,600 $96,700
2014 $7,933 $423,100 $330,700 $92,400
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Maddaluna

    Seller's Agent in 2022

    Cheryl Maddaluna

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 507-7197

    20 in this area

    82 Total Sales

    Cheryl Maddaluna
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3784070

Garden State MLS

APN: 02-01902-0000-00005

New Jersey Somerset County Basking Ridge 07920

85 Spencer Rd, Basking Ridge, NJ

This home is located at 85 Spencer Rd, Basking Ridge, NJ 07920 since 22 May 2022 and is currently estimated at $864,964, approximately $833 per square foot. This property was built in 1951. 85 Spencer Rd 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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