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10 Constitution Way

10 Constitution Way, Basking Ridge, NJ 07920
Property in Somerset
Sold Oct 31, 2002
$422,000
$242,700 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2042
Sold Aug 17, 2001
$394,500
$250,000 by Coldwell Banker Mtg
Mortgage
10 Constitution Way has been categorized by the local assessors in Basking Ridge, NJ as a residential type of property. The building on the property was first built in 1996 and is 28 years old. In addition, 10 Constitution Way has 2,305 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,121 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Aug 8, 2002 for $422,000. That's $183.08 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2001 for $394,500. 10 Constitution Way was last assessed in 2023. The total value of the property was assessed at $582,300. Specifically, the land the property is located on was valued at $170,000. While improvements on the property were assessed at a total of $412,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,982. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,121
  • Total Building Area: 2,305
  • Building Area: 2,305
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,305
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.025
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 2020

Ownership

  • Current Owner : SPEISER TERRI
  • Previous Owner : MOBILITY CENDANT
  • Owner Before Previous Owner: ROUNSALVILLE DANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052605

Zoning

  • Zoning: PUD5

Geography

  • District: 02
  • Parcel: 02 10601-0000-00013- 05-CONDO
  • Block: 10601
  • Lot: 13.05
  • Municipality: BERNARDS TWP
  • Latitude: 40.6537
  • Longitude: -74.6181

    Address

  • Full Address: 10 Clark Ct
  • Address - House Number: 10
  • Address - Street Name: Clark
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 2953
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,982

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 743,644
  • High Value: 845,782
  • Low Value: 641,506

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $494,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2012
  • First Open Lien Mortgage Loan Amount: $242,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 05, 2009
  • Second Open Lien Mortgage Loan Amount: $251,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2039

    Market Valuation

  • Market Total Value: $581,544
  • Market Land Value: $169,779
  • Market Improvement Value: $411,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,300
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $412,300

    Sales

  • Current Sale Contract Date: Aug 08, 2002
  • Current Sale Recording Date: Oct 31, 2002
  • Current Sale Transaction ID: 1192763216
  • Current Sale Price: $422,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 17, 2001
  • Previous Sale Contract Date: Aug 10, 2001
  • Previous Sale Amount: $394,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG
  • First Mortgage Transaction Date: Oct 31, 2002
  • First Mortgage Loan Amount: $274,800
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER MTG
  • Previous Mortgage Transaction Date: Aug 17, 2001
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 10 Constitution Way located in?
The 10 Constitution Way is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 10 Constitution Way?
The average sales price for units in 10 Constitution Way is $0 currently.

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