NOT LISTED FOR SALE

94 Constitution Way Unit 27E Basking Ridge, NJ 07920

Estimated Value: $768,000 - $827,000

3 Beds
3 Baths
1,928 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 94 Constitution Way Unit 27E, Basking Ridge, NJ 07920 and is currently estimated at $800,038, approximately $414 per square foot. 94 Constitution Way Unit 27E is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2009
Sold by
Park Yong Bum and Park Mee Ran
Bought by
Madhavan Prasad and Balan Bindu
Current Estimated Value
$800,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Lee David
Bought by
Park Yong Burn and Park Mae Ran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.22%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Barrett William
Bought by
Lee David and Lee Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.9%

Purchase Details

Closed on
Feb 26, 1997
Sold by
K Hovnanian At Bernards
Bought by
Barrett William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Madhavan Prasad $520,000 Fidelity Natl Title Ins Co
Park Yong Burn $460,000 --
Lee David $293,000 --
Barrett William $275,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madhavan Prasad $289,000
Closed Madhvan Prasad $384,000
Closed Madhavan Prasad $416,000
Previous Owner Park Yong Burn $322,000
Previous Owner Lee David $227,150
Previous Owner Barrett William $220,000
Source: Public Records

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 $12,008 $675,000 $170,000 $505,000
2023 $12,031 $637,900 $170,000 $467,900
2022 $11,274 $560,600 $175,000 $385,600
2021 $11,067 $524,500 $175,000 $349,500
2020 $10,908 $520,900 $175,000 $345,900
2019 $11,022 $541,900 $175,000 $366,900
2018 $10,661 $531,700 $175,000 $356,700
2017 $10,770 $541,500 $175,000 $366,500
2016 $10,342 $530,100 $175,000 $355,100
2015 $10,272 $536,100 $175,000 $361,100
2014 $10,020 $518,100 $175,000 $343,100
Source: Public Records

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