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28 Van Cortland Way

28 Van Cortland Way, Basking Ridge, NJ 07920
Property in Somerset
Sold May 19, 2021
$2,000,000
$1,500,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051
Sold Aug 26, 2005
$2,100,000
$1,225,000 by Kearny Fed Svgs Bk
Mortgage
Local assessors in Basking Ridge, NJ have categorized 28 Van Cortland Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 142,006 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 28 Van Cortland Way has a total of 7,165 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 Apr 27, 2021 for $2,000,000. That's $279.13 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2005 for $2,100,000. 28 Van Cortland Way was last assessed in 2023. The total value of the property was assessed at $1,943,400. Specifically, the land the property is located on was valued at $577,800. While improvements on the property were assessed at a total of $1,365,600. 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 $36,653. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2005
  • Effective Year Built: 2005
  • 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: 142,006
  • Total Building Area: 7,165
  • Building Area: 7,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STAGG DAVIN
  • Current Owner 2: STAGG AMANDA MARIE
  • Previous Owner : WONG CALEB C
  • Previous Owner 2: WONG MARY J
  • Owner Before Previous Owner: MENZA & BESSEL HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 02
  • Parcel: 02 00101-0000-00002
  • Block: 101
  • Lot: 2
  • Municipality: BERNARDS TWP
  • Latitude: 40.7367
  • Longitude: -74.556

    Address

  • Full Address: 28 Van Cortland Way
  • Address - House Number: 28
  • Address - Street Name: Van Cortland
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 3321
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,653

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 2,511,999
  • High Value: 3,038,646
  • Low Value: 1,985,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,940,877
  • Market Land Value: $577,050
  • Market Improvement Value: $1,363,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,943,400
  • Assessed Land Value: $577,800
  • Assessed Improvements Value: $1,365,600

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836609185
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021031766
  • Previous Sale Recording Date: Aug 26, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: KEARNY FED SVGS BK
  • Previous Mortgage Transaction Date: Aug 26, 2005
  • Previous Mortgage Loan Amount: $1,225,000
  • Previous Mortgage Term: 360

About Somerset



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 28 Van Cortland Way located in?
The 28 Van Cortland Way is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 28 Van Cortland Way?
The average sales price for units in 28 Van Cortland Way is $0 currently.

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