88 Commonwealth Dr Basking Ridge, NJ 07920
Estimated Value: $665,000 - $816,000
3
Beds
3
Baths
1,524
Sq Ft
$474/Sq Ft
Est. Value
About This Home
This home is located at 88 Commonwealth Dr, Basking Ridge, NJ 07920 and is currently estimated at $722,825, approximately $474 per square foot. 88 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2020
Sold by
Bonatti Massimo and Jamgochian Bonatti Lerna
Bought by
Bonatti Massimo and Jamgochian Bonatti Lerna
Current Estimated Value
Purchase Details
Closed on
Oct 13, 2006
Sold by
Chin Jean M
Bought by
Bonatti Massimo and Jamgochian Lerna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.49%
Purchase Details
Closed on
Aug 30, 2002
Sold by
Dworak John
Bought by
Chin Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.39%
Purchase Details
Closed on
Sep 20, 1996
Sold by
Brown Evelyn
Bought by
Dworak John and Dworak Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.83%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bonatti Massimo | -- | None Available | |
| Bonatti Massimo | -- | None Listed On Document | |
| Bonatti Massimo | $480,000 | -- | |
| Chin Jean | $390,000 | -- | |
| Dworak John | $214,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bonatti Massimo | $384,000 | |
| Previous Owner | Chin Jean | $60,000 | |
| Previous Owner | Dworak John | $193,000 |
Source: Public Records
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 | $10,496 | $635,900 | $273,000 | $362,900 |
| 2024 | $10,496 | $590,000 | $232,500 | $357,500 |
| 2023 | $10,750 | $570,000 | $232,500 | $337,500 |
| 2022 | $10,499 | $522,100 | $232,500 | $289,600 |
| 2021 | $10,276 | $487,000 | $232,500 | $254,500 |
| 2020 | $9,800 | $468,000 | $229,500 | $238,500 |
| 2019 | $9,893 | $486,400 | $229,500 | $256,900 |
| 2018 | $9,554 | $476,500 | $229,500 | $247,000 |
| 2017 | $9,231 | $464,100 | $229,500 | $234,600 |
| 2016 | $8,719 | $446,900 | $229,500 | $217,400 |
| 2015 | $8,540 | $445,700 | $229,500 | $216,200 |
| 2014 | $8,212 | $424,600 | $229,500 | $195,100 |
Source: Public Records
Map
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