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67 Bernard Drive

67 Bernard Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Dec 13, 2021
$1,156,067
$881,000 by Kearny Bank
Mortgage Due Nov 01, 2051
Sold Nov 24, 2008
$1,032,500
$750,000 by Wachovia Mortgage Fsb
Mortgage Due Dec 01, 2038
Local assessors in Basking Ridge, NJ have categorized 67 Bernard Drive as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 28,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 67 Bernard Drive has a total of 3,110 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 67 Bernard Drive sold most recently in Oct 7, 2021 for a total of $1,156,067. If you work out the math, that's approximately a cost of $371.73 per sqft. Before that, the property was also sold for $1,032,500 in Nov 10, 2008. 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 $21,163 in taxes each year. 67 Bernard Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,122,100. If we break it down further, the land itself was valued at $406,800. Improvements to the property, however, were assessed at a total of $715,300. 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: 1994
  • Effective Year Built: 1994
  • 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: 28,750
  • Total Building Area: 3,110
  • Building Area: 3,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: SUMMIT

Ownership

  • Current Owner : BRANCHEAU CHRISTOPHER
  • Current Owner 2: BRANCHEAU SUSAN A
  • Previous Owner : DEANE PETER G
  • Previous Owner 2: SCHWARZ ALEXANDRA
  • Owner Before Previous Owner: TESI JOSEPH
  • Owner Before Previous Owner 2: TESI JOANNE
  • 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: RC4

Geography

  • Assessors Map Reference: TAX MAP 43
  • District: 02
  • Parcel: 02 08101-0000-00028
  • Block: 8101
  • Lot: 28
  • Municipality: BERNARDS TWP
  • Latitude: 40.67
  • Longitude: -74.5471

    Address

  • Full Address: 67 Bernard Dr
  • Address - House Number: 67
  • Address - Street Name: Bernard
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C014
  • 4-Digit Zip Code: 2695
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,163

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,288,682
  • High Value: 1,465,680
  • Low Value: 1,111,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $881,000
  • First Open Lien Mortgage Lender: KEARNY BANK
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $881,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,120,643
  • Market Land Value: $406,272
  • Market Improvement Value: $714,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,122,100
  • Assessed Land Value: $406,800
  • Assessed Improvements Value: $715,300

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11873823186
  • Current Sale Price: $1,156,067
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021071863
  • Previous Sale Recording Date: Nov 24, 2008
  • Previous Sale Contract Date: Nov 10, 2008
  • Previous Sale Amount: $1,032,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEARNY BANK
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $881,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE FSB
  • Previous Mortgage Transaction Date: Nov 24, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Somerset



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Frequently Asked Questions

What neighborhood is 67 Bernard Drive located in?
The 67 Bernard Drive is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 67 Bernard Drive?
The average sales price for units in 67 Bernard Drive is $0 currently.

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