When was property at 32 Commonwealth Drive built and last sold?

The property at 32 Commonwealth Drive was built in 1987 and last sold on Jan 13, 2023 for $350,500.

How much is this home worth?

The estimated value of the home located at 32 Commonwealth Drive is $328,250.

What are some comparable homes to 32 Commonwealth Drive?

There are currently no comparable homes to 32 Commonwealth Drive.

Somerset

07920

32 Commonwealth Dr

$350,000

● House - Off Market

32 Commonwealth Dr

Bernards Twp., NJ 07920

2 Beds

2 Baths

$344,048

RealtyHop Estimate

5.86%

Since Feb 1, 2023

National-US

Primary Model

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (GSMLS #3817020)

Price History

Date / Event	Date	Event	Price
Jan 18, 2023	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 29
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 536

Total Building Area: 1,050
Building Area: 1,050
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,050
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000012
Standard Land Use Code: 1004
County Land Use Code: 2
Legal Description 1: ADDITIONAL LOTS: L 32.01 C-GAR

Neighborhood

School District Name: Bernards Township School District

Census Tract: 052603

Zoning

Zoning: R5

Geography

District: 02

Parcel: 02 08603-0000-00032-0000-CONDO
Block: 8603
Lot: 32
Municipality: BERNARDS TWP
Latitude: 40.6607
Longitude: -74.5343

Address

Full Address: 32 Commonwealth Dr

Address - House Number: 32
Address - Street Name: Commonwealth
Address - Suffix Type: Dr
State: NJ
City Name: Basking Ridge
Carrier Code: C010
4-Digit Zip Code: 3060
Zip Code: 07920

Valuation

Tax

Tax Year: 2023

Tax Amount: $587,866

Appraisal Valuation

Standard Deviation: 0.1427

Valuation Date: Feb 14, 2024
Confidence Score: 83
Final Value: 374,045
High Value: 427,423
Low Value: 320,668

Market Valuation

Market Total Value: $311,295

Market Land Value: $123,839
Market Improvement Value: $187,456

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $311,700
Assessed Land Value: $124,000
Assessed Improvements Value: $187,700

Sales

Current Sale Contract Date: Jan 13, 2023

Current Sale Recording Date: Jan 20, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 1676
Previous Sale Recording Date: Jun 21, 2001
Previous Sale Contract Date: May 31, 2001
Previous Sale Amount: $172,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Somerset

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

Average Home Size

1166 ft²

Average Home Age

27.2 years

Currently For Sale

1084 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 172 Potomac Dr, Bernards Twp., 07920-3196

$2,300 /mo

1 Bed
1 Bath

172 Potomac Dr, Bernards Twp., 07920-3196 Listing by JOHN ABEYAGUNAWARDENA

Unit for rent at 73 Smithfield Court, Bernards Twp., 07920-2783

$2,400 /mo

1 Bed
1 Bath

73 Smithfield Court, Bernards Twp., 07920-2783 Listing by A. GREGORY RAO

Unit for rent at 125 Smithfield Ct, Bernards Twp., 07920-2788

$2,650 /mo

2 Beds
1 Bath
1,000 ft²

125 Smithfield Ct, Bernards Twp., 07920-2788 Listing by KRISTINA RIDENTE

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 4 years ago
Data Source: GSMLS, MLS# 3817020

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

32 Commonwealth Dr

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Somerset

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions