Check Availability

5 Dawn Drive

5 Dawn Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Aug 05, 2021
$700,000
$560,000 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2051
5 Dawn Drive 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 1968 and is 56 years old. The building has a total of 2 stories. In addition, 5 Dawn Drive has 2,237 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 40,511 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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, 5 Dawn Drive sold most recently in Jun 23, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $312.92 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 $13,540 in taxes each year. 5 Dawn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $717,900. If we break it down further, the land itself was valued at $340,700. Improvements to the property, however, were assessed at a total of $377,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1968
  • Effective Year Built: 1968
  • Total Rooms: 8
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 2,237
  • Building Area: 2,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,237
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HALEY ANDREW
  • Current Owner 2: HALEY KIMBERLY
  • Previous Owner : BICKFORD MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 054100

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: TAX MAP 32
  • District: 02
  • Parcel: 02 04002-0000-00003
  • Block: 4002
  • Lot: 3
  • Municipality: BERNARDS TWP
  • Latitude: 40.6875
  • Longitude: -74.571

    Address

  • Full Address: 5 Dawn Dr
  • Address - House Number: 5
  • Address - Street Name: Dawn
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 2105
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,540

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 854,723
  • High Value: 982,483
  • Low Value: 726,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $716,968
  • Market Land Value: $340,258
  • Market Improvement Value: $376,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $717,900
  • Assessed Land Value: $340,700
  • Assessed Improvements Value: $377,200

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11846706758
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021047508

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Somerset



Similar Buildings

Property at 5 Dawn Drive,

427 Lyons Road

  • 1 Unit for Sale
  • 2 Stories
427 Lyons Road, Basking Ridge, NJ 07920
Property at 5 Dawn Drive,

62 Newell Drive

  • 1 Unit for Sale
  • 2 Stories
62 Newell Drive, Basking Ridge, NJ 07920

Nearby Rentals

Unit for rent at 2 Hawthorne Pl, Bernards Twp., NJ, 07920-3125

$4,250 /mo

  • 3 Beds
  • 2.5 Baths
2 Hawthorne Pl, Bernards Twp., NJ, 07920-3125 Listing by HUI C. CHANG

Frequently Asked Questions

What neighborhood is 5 Dawn Drive located in?
The 5 Dawn Drive is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 5 Dawn Drive?
The average sales price for units in 5 Dawn Drive is $0 currently.

Quantcast