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12 Tysley Street

12 Tysley Street, Basking Ridge, NJ 07920
Property in Somerset
Sold Jul 18, 2016
$493,500
$370,100 by Mld Mortgage
Mortgage Due Jul 01, 2046
Sold Jun 02, 2003
$430,000
$215,000 by Pinnacle Mtg
Mortgage
12 Tysley Street in Basking Ridge, NJ was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. 12 Tysley Street has 1,490 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,216 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Jul 11, 2016 for $493,500. That's $331.21 per sqft. Prior to that sales transaction, the property was also sold in May 28, 2003 for $430,000. 12 Tysley Street was last assessed in 2023. The total value of the property was assessed at $528,200. Specifically, the land the property is located on was valued at $285,400. While improvements on the property were assessed at a total of $242,800. 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 $9,962. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1963
  • Effective Year Built: 1963
  • Total Rooms: 6
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAN JIAN
  • Current Owner 2: CHEN HAILI
  • Previous Owner : KAISER JOHN H
  • Previous Owner 2: KAISER ALEXANDRA M
  • Owner Before Previous Owner: REIMER DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052400

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 02
  • Parcel: 02 00702-0000-00017
  • Block: 702
  • Lot: 17
  • Municipality: BERNARDS TWP
  • Latitude: 40.7205
  • Longitude: -74.553

    Address

  • Full Address: 12 Tysley St
  • Address - House Number: 12
  • Address - Street Name: Tysley
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1627
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,962

    Appraisal Valuation

  • Standard Deviation: 0.1514
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 678,862
  • High Value: 781,652
  • Low Value: 576,073

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: MLD MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 18, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $370,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 16, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $249,900
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 16, 2048

    Market Valuation

  • Market Total Value: $527,514
  • Market Land Value: $285,029
  • Market Improvement Value: $242,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,200
  • Assessed Land Value: $285,400
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Contract Date: Jul 11, 2016
  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Transaction ID: 1866369138
  • Current Sale Price: $493,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016028726
  • Previous Sale Recording Date: Jun 02, 2003
  • Previous Sale Contract Date: May 28, 2003
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MLD MORTGAGE
  • First Mortgage Transaction Date: Jul 18, 2016
  • First Mortgage Loan Amount: $370,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE MTG
  • Previous Mortgage Transaction Date: Jun 02, 2003
  • Previous Mortgage Loan Amount: $215,000
  • Previous Mortgage Term: 360

About Somerset



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

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

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