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62 Oakley Street

62 Oakley Street, Basking Ridge, NJ 07920
Property in Somerset
62 Oakley Street in Basking Ridge, NJ was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. 62 Oakley Street has 2,228 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 33,541 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 62 Oakley Street was last sold in Jul 13, 2020 for $570,000. According to our calculations, that's $255.83 per sqft. Prior to that sales transaction, the property was sold for $592,000 in Jan 8, 2003. Current property owners are expected to pay $12,516 in taxes per year. The property on 62 Oakley Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $663,600. To break that down further, the land itself was valued at $365,400. While improvements to the property were assessed at a total of $298,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200530
05/30/2020
Loft
3 Bath
2228 ft²
$575,000
bedrooms
Loft
bathrooms
3 Bath
square feet
2228 ft²
$570,000 -0.87%
07/21/2020
Catherine Frates

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 10
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Split level
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 28-2 2-6

Ownership

  • Current Owner : DEVRIES MICHAEL JOSEPH
  • Current Owner 2: DEVRIES LAUREN KATHLEEN
  • Previous Owner : MILANO JOHN
  • Previous Owner 2: MILANO VERA
  • Owner Before Previous Owner: KILLIAN MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052400

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 02
  • Parcel: 02 01304-0000-00010
  • Block: 1304
  • Lot: 10
  • Municipality: BERNARDS TWP
  • Latitude: 40.7086
  • Longitude: -74.5647

    Address

  • Full Address: 62 Oakley St
  • Address - House Number: 62
  • Address - Street Name: Oakley
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C003
  • 4-Digit Zip Code: 1770
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,516

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 821,544
  • High Value: 943,275
  • Low Value: 699,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,943
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $512,943
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $662,739
  • Market Land Value: $364,926
  • Market Improvement Value: $297,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663,600
  • Assessed Land Value: $365,400
  • Assessed Improvements Value: $298,200

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Transaction ID: 11774023463
  • Current Sale Price: $570,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020031466
  • Previous Sale Recording Date: Feb 20, 2003
  • Previous Sale Contract Date: Jan 08, 2003
  • Previous Sale Amount: $592,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jul 21, 2020
  • First Mortgage Loan Amount: $512,943
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BONDCORP REALTY
  • Previous Mortgage Transaction Date: Feb 20, 2003
  • Previous Mortgage Loan Amount: $322,700
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 62 Oakley Street located in?
The 62 Oakley Street is a other located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 62 Oakley Street?
The average sales price for units in 62 Oakley Street is $575,000 , or $258/sqft. currently.

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