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12 Raritan Place

12 Raritan Place, Basking Ridge, NJ 07920
Property in Somerset
Sold Jul 12, 2001
$548,974
Local assessors in Basking Ridge, NJ have categorized 12 Raritan Place as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 9,148 square feet. If we look only at the heated or air conditioned part of the building, then 12 Raritan Place has a total of 2,752 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 Raritan Place was last sold in Jun 29, 2001 for $548,974. According to our calculations, that's $199.48 per sqft. Current property owners are expected to pay $18,268 in taxes per year. The property on 12 Raritan Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $968,600. To break that down further, the land itself was valued at $310,300. While improvements to the property were assessed at a total of $658,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,752
  • Building Area: 2,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: ARLINGTON FED

Ownership

  • Current Owner : CHENG KWOK
  • Current Owner 2: CHIU GLORIA
  • Previous Owner : PATRIOTS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PRD5

Geography

  • Assessors Map Reference: TAX MAP 66
  • District: 02
  • Parcel: 02 10901-0000-00023
  • Block: 10901
  • Lot: 23
  • Municipality: BERNARDS TWP
  • Latitude: 40.6457
  • Longitude: -74.6107

    Address

  • Full Address: 12 Raritan Pl
  • Address - House Number: 12
  • Address - Street Name: Raritan
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 4227
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,268

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,052,106
  • High Value: 1,196,610
  • Low Value: 907,601

    Market Valuation

  • Market Total Value: $967,342
  • Market Land Value: $309,897
  • Market Improvement Value: $657,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $968,600
  • Assessed Land Value: $310,300
  • Assessed Improvements Value: $658,300

    Sales

  • Current Sale Contract Date: Jun 29, 2001
  • Current Sale Recording Date: Jul 12, 2001
  • Current Sale Transaction ID: 1166006148
  • Current Sale Price: $548,974
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG
  • First Mortgage Transaction Date: Jul 12, 2001
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 12 Raritan Place located in?
The 12 Raritan Place is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 12 Raritan Place?
The average sales price for units in 12 Raritan Place is $0 currently.

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