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11 Governor Drive

11 Governor Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Jul 01, 1994
$450,111
Local assessors in Basking Ridge, NJ have categorized 11 Governor Drive as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 25,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Governor Drive has a total of 3,833 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jun 28, 1994 for $450,111. That's $117.43 per sqft. 11 Governor Drive was last assessed in 2023. The total value of the property was assessed at $1,099,500. Specifically, the land the property is located on was valued at $384,800. While improvements on the property were assessed at a total of $714,700. 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 $20,737. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 3,833
  • Building Area: 3,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,833
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: MADISON

Ownership

  • Current Owner : CHIANG ROBERT
  • Current Owner 2: CHIANG CHIAN
  • Previous Owner : SHERBROOKE DEV CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 054100

Zoning

  • Zoning: RC4

Geography

  • Assessors Map Reference: TAX MAP 39
  • District: 02
  • Parcel: 02 06401-0000-00003
  • Block: 6401
  • Lot: 3
  • Municipality: BERNARDS TWP
  • Latitude: 40.6766
  • Longitude: -74.5423

    Address

  • Full Address: 11 Governor Dr
  • Address - House Number: 11
  • Address - Street Name: Governor
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 2696
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,737

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,374,044
  • High Value: 1,562,766
  • Low Value: 1,185,322

    Market Valuation

  • Market Total Value: $1,098,072
  • Market Land Value: $384,300
  • Market Improvement Value: $713,772

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,099,500
  • Assessed Land Value: $384,800
  • Assessed Improvements Value: $714,700

    Sales

  • Current Sale Contract Date: Jun 28, 1994
  • Current Sale Recording Date: Jul 01, 1994
  • Current Sale Transaction ID: 1119453222
  • Current Sale Price: $450,111
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANCASTER FINL
  • First Mortgage Transaction Date: Jul 01, 1994
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 11 Governor Drive located in?
The 11 Governor Drive is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 11 Governor Drive?
The average sales price for units in 11 Governor Drive is $0 currently.

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