NOT LISTED FOR SALE

88 Lyons Rd Basking Ridge, NJ 07920

Estimated Value: $1,003,000 - $1,156,000

4 Beds
2 Baths
2,107 Sq Ft
$501/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $770,000 $365 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,738/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Stream or River on Lot
  • Wood Flooring
  • Cedar Hill Elementary School Rated A
  • Wooded Lot
  • Wine Refrigerator

About This Home

As of February 2022

Charm and major curb appeal offered by this tucked away Cape Cod. This is the turnkey opportunity you have been waiting for. Inviting living room with wood burning fireplace, formal dining room, and light filled eat-in kitchen with lovely views of the paver patio, and manicured grounds. Family room with vaulted beam detail ceiling, and builtins. Oversized two car garage. Plus two bedrooms with ample closets, and a full bathroom on the first floor. Second floor primary bedroom retreat with fully updated bathroom, and fourth bedroom. Water heater 1 yr, roof 5 yrs, and HVAC 6 yrs. Close to shopping, NJ Transit train, and bus service. Top notch schools. Stop-by and fall in love.

Last Agent to Sell the Property

Jaime Luongo

WEICHERT REALTORS Listed on: 12/22/2021

WEICHERT REALTORS

Last Buyer's Agent

Carolyn Fahey

FAHEY REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,938

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 0.79 Acre Lot
  • Wood Fence
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • French Drain

Outdoor Features

  • Stream or River on Lot
  • Patio
  • Storage Shed

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-05901-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,938

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1945
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Exclusions: Washer & dryer
  • Renovated Year: 2017
  • Street Number Display: 88
  • Directions: S Finley Ave to Lyons Road
  • I D: 5119828
  • Modified: 2023-02-12
  • Number Images: 18
  • First Name: JAIME
  • First Name3: CAROLYN
  • Last Name: LUONGO
  • Last Name3: FAHEY
  • Office Phone: 908-766-7500
  • Attribution Contact: 908-766-7500
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, WineRefr
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Shades, StallShw, StallTub, Window Treatments
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Full, Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 21x11
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Family Room, GarEnter, Kitchen, Living Room, OutEntrn
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Metal Fence, Patio, Storage Shed, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .79AC
  • Assessed Improvement Value: 327500
  • Assessed Land Value: 309300
  • Assessment: 636800
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Level Lot, Stream On Lot, Wooded Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.79
  • Zoning: Residental

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12938
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-05901-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 28, 2022
Sold by
Chadha and Veronica
Bought by
Thorpe Stefan and Thorpe Caroline
Seller's Agent
Jaime Luongo
WEICHERT REALTORS
Buyer's Agent
Carolyn Fahey
FAHEY REALTORS
List Price
$720,000
Sold Price
$770,000
Premium/Discount to List
$50,000
6.94%
Current Estimated Value
$1,055,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,917
Avg. Annual Appreciation
9.09%
Original Mortgage
$560,000
Outstanding Balance
$523,221
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$532,696

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 7, 2018
Sold by
Light Kristen and Schweichardt Frank
Bought by
Chadha Sameer and Ortiz Chadha Veronica
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
Jaime Luongo
WEICHERT REALTORS
List Price
$699,999
Sold Price
$668,000
Premium/Discount to List
-$31,999
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$534,400
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Kucerka Paul and Yanuklis Amanda J
Bought by
Light Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,630
Interest Rate
4.73%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2003
Sold by
Seuberth Leslie L
Bought by
Kucerka Paul and Yanuklis Amanda J
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
Thorpe Stefan $770,000 Zelley Frederick B
Chadha Sameer $668,000 Fidelity Natl Title Ins Co
Light Kirsten $575,275 Commonwealth Land Title Insu
Kucerka Paul $549,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Stefan $560,000
Previous Owner Chadha Sameer $534,400
Previous Owner Light Kirsten $567,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $770,000 0.0% $365 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/01/2022 01/01/22 Off Market $770,000 -- --
01/01/2022 01/01/22 For Sale $720,000 +7.8% $342 / Sq Ft
12/10/2018 12/10/18 Sold $668,000 -4.6% $317 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $699,999 -- $332 / 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 $13,666 $854,400 $345,300 $509,100
2024 $13,666 $768,200 $318,300 $449,900
2023 $13,660 $724,300 $318,300 $406,000
2022 $13,655 $679,000 $318,300 $360,700
2021 $13,436 $636,800 $309,300 $327,500
2020 $12,939 $617,900 $309,300 $308,600
2019 $12,568 $617,900 $309,300 $308,600
2018 $10,472 $522,300 $300,600 $221,700
2017 $10,327 $519,200 $300,600 $218,600
2016 $10,149 $520,200 $325,300 $194,900
2015 $10,026 $523,300 $325,300 $198,000
2014 $10,008 $517,500 $325,300 $192,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3756644

Garden State MLS

APN: 02-05901-0000-00003