5 Hawthorne Place

5 Hawthorne Place has been categorized by the local assessors in Basking Ridge, NJ as a unknown type of property. The building on the property was first built in 1988 and is 36 years old. In addition, 5 Hawthorne Place has 1,951 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 1,653 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. The property was last sold in Mar 14, 2011 for $450,000. That's $230.65 per sqft. 5 Hawthorne Place was last assessed in 2023. The total value of the property was assessed at $483,000. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $308,000. 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 $9,109. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.