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124 Childs Road

124 Childs Road, Basking Ridge, NJ 07920
House in Somerset
Sold Jun 15, 2023
$1,385,000
$1,385,000 by Fulton Bank Na
Mortgage Due Jul 01, 2053
Sold May 03, 2021
$580,000
Buyer
124 Childs Road in Basking Ridge, NJ was first built in 1970 and is 54 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 colonial style. There are a total of 2 floors. 124 Childs Road has 4,192 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 131,900 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 Childs Road sold most recently in Jun 1, 2023 for a total of $1,385,000. If you work out the math, that's approximately a cost of $330.39 per sqft. Before that, the property was also sold for $580,000 in Feb 23, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,531 in taxes each year. 124 Childs Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,353,700. If we break it down further, the land itself was valued at $428,300. Improvements to the property, however, were assessed at a total of $925,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Building Style

Colonial

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 9
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 131,900
  • Total Building Area: 4,192
  • Building Area: 4,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.028
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NICHOLSON MICHELLE
  • Current Owner 2: NICHOLSON THOMAS
  • Previous Owner : DUAN HONG
  • Owner Before Previous Owner: PHOENIX REO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 02
  • Parcel: 02 00603-0000-00002
  • Block: 603
  • Lot: 2
  • Municipality: BERNARDS TWP
  • Latitude: 40.7271
  • Longitude: -74.5532

    Address

  • Full Address: 124 Childs Rd
  • Address - House Number: 124
  • Address - Street Name: Childs
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 3326
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,531

    Appraisal Valuation

  • Standard Deviation: 0.0722
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 95
  • Final Value: 1,581,552
  • High Value: 1,695,897
  • Low Value: 1,467,208

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,385,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Jun 15, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,385,000
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $1,351,943
  • Market Land Value: $427,744
  • Market Improvement Value: $924,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,353,700
  • Assessed Land Value: $428,300
  • Assessed Improvements Value: $925,400

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Transaction ID: 11908025852
  • Current Sale Price: $1,385,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 14956
  • Previous Sale Recording Date: May 03, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Jun 15, 2023
  • First Mortgage Loan Amount: $1,385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 124 Childs Road located in?
The 124 Childs Road is a house located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 124 Childs Road?
The average sales price for units in 124 Childs Road is $0 currently.

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