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31 Parkview Avenue

31 Parkview Avenue, Basking Ridge, NJ 07920
Property in Somerset
Sold Oct 14, 1997
$455,000
Sold Jul 18, 1994
$455,000
$410,000 by Summit Bank
Mortgage
31 Parkview Avenue has been categorized by the local assessors in Basking Ridge, NJ as a residential type of property. The building on the property was first built in 1990 and is 34 years old. In addition, 31 Parkview Avenue has 3,260 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 32,038 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 31 Parkview Avenue sold most recently in Oct 9, 1997 for a total of $455,000. If you work out the math, that's approximately a cost of $139.57 per sqft. Before that, the property was also sold for $455,000 in Jul 8, 1994. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $16,638 in taxes each year. 31 Parkview Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $882,200. If we break it down further, the land itself was valued at $359,800. Improvements to the property, however, were assessed at a total of $522,400. The property's total assessed value has been marked as more than the total market value 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 9
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,038
  • Total Building Area: 3,260
  • Building Area: 3,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.735
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FINESMITH ROSS
  • Current Owner 2: FINESMITH LESLIE
  • Previous Owner : FINE HERBERT
  • Owner Before Previous Owner: PORTER RICHARD
  • 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 00704-0000-00003
  • Block: 704
  • Lot: 3
  • Municipality: BERNARDS TWP
  • Latitude: 40.7236
  • Longitude: -74.5485

    Address

  • Full Address: 31 Parkview Ave
  • Address - House Number: 31
  • Address - Street Name: Parkview
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1621
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,638

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,123,000
  • High Value: 1,277,242
  • Low Value: 968,758

    Market Valuation

  • Market Total Value: $881,055
  • Market Land Value: $359,333
  • Market Improvement Value: $521,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $882,200
  • Assessed Land Value: $359,800
  • Assessed Improvements Value: $522,400

    Sales

  • Current Sale Contract Date: Oct 09, 1997
  • Current Sale Recording Date: Oct 14, 1997
  • Current Sale Transaction ID: 1192758488
  • Current Sale Price: $455,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 18, 1994
  • Previous Sale Contract Date: Jul 08, 1994
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT BANK
  • First Mortgage Transaction Date: Oct 14, 1997
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT BANK
  • Previous Mortgage Transaction Date: Jul 18, 1994
  • Previous Mortgage Loan Amount: $410,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 31 Parkview Avenue located in?
The 31 Parkview Avenue is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 31 Parkview Avenue?
The average sales price for units in 31 Parkview Avenue is $0 currently.

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