125 Tulip Lane

Local assessors in Basking Ridge, NJ have categorized 125 Tulip Lane as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 885 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a prefab, modular style. If we look only at the heated or air conditioned part of the building, then 125 Tulip Lane has a total of 1,357 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. 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, 125 Tulip Lane sold most recently in Aug 25, 2016 for a total of $335,000. If you work out the math, that's approximately a cost of $246.87 per sqft. Before that, the property was also sold for $296,500 in May 7, 2002. 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 $8,319 in taxes each year. 125 Tulip Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $441,100. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $266,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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.