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330 Mountain Road

330 Mountain Road, Basking Ridge, NJ 07920
Property in Somerset
Sold May 22, 2015
$536,125
$100,000 by City Bank
Mortgage Due Jun 24, 2050
330 Mountain Road 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 1950 and is 74 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 330 Mountain Road has 1,760 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 137,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note 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, 330 Mountain Road sold most recently in May 18, 2015 for a total of $536,125. If you work out the math, that's approximately a cost of $304.62 per sqft. 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 $12,351 in taxes each year. 330 Mountain Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $654,900. If we break it down further, the land itself was valued at $393,200. Improvements to the property, however, were assessed at a total of $261,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 137,650
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE YIN D
  • Current Owner 2: HU XIAO
  • Previous Owner : PHILLIPS LILLIAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052604

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 73
  • District: 02
  • Parcel: 02 11003-0000-00003
  • Block: 11003
  • Lot: 3
  • Municipality: BERNARDS TWP
  • Latitude: 40.6374
  • Longitude: -74.596

    Address

  • Full Address: 330 Mountain Rd
  • Address - House Number: 330
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R007
  • 4-Digit Zip Code: 3411
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,351

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 790,615
  • High Value: 899,357
  • Low Value: 681,873

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CITY BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 24, 2050

    Market Valuation

  • Market Total Value: $654,050
  • Market Land Value: $392,690
  • Market Improvement Value: $261,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,900
  • Assessed Land Value: $393,200
  • Assessed Improvements Value: $261,700

    Sales

  • Current Sale Contract Date: May 18, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Transaction ID: 1346559724
  • Current Sale Price: $536,125
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015020376

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: May 22, 2015
  • First Mortgage Loan Amount: $428,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

About Somerset



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Frequently Asked Questions

What neighborhood is 330 Mountain Road located in?
The 330 Mountain Road is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 330 Mountain Road?
The average sales price for units in 330 Mountain Road is $0 currently.

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