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7 Gordon Place

7 Gordon Place, Basking Ridge, NJ 07920
Property in Somerset
Sold Jun 22, 2016
$965,000
$772,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2046
Sold Oct 24, 1997
$463,963
$371,000 by Marine Midland Mtg
Mortgage
7 Gordon Place in Basking Ridge, NJ was first built in 1997 and is 27 years old. This has been categorized as a residential property type. 7 Gordon Place has 2,938 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 18,731 square feet.

Learn more about the property and building on this page. The property was last sold in Jun 16, 2016 for $965,000. That's $328.45 per sqft. Prior to that sales transaction, the property was also sold in Oct 23, 1997 for $463,963. 7 Gordon Place was last assessed in 2023. The total value of the property was assessed at $1,072,200. Specifically, the land the property is located on was valued at $376,100. While improvements on the property were assessed at a total of $696,100. 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 $20,222. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,938
  • Building Area: 2,938
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: ARLINGTON FEDERAL

Ownership

  • Current Owner : RAMAMURTHY GURUMRTHY
  • Current Owner 2: GURUMURTHY RUAP
  • Previous Owner : CHIANG YANN TONG
  • Previous Owner 2: CHIANG SHUN CHI
  • Owner Before Previous Owner: BERNARDS CHASE LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052605

Zoning

  • Zoning: PRD5

Geography

  • Assessors Map Reference: TAX MAP 46
  • District: 02
  • Parcel: 02 09703-0000-00009
  • Block: 9703
  • Lot: 9
  • Municipality: BERNARDS TWP
  • Latitude: 40.6636
  • Longitude: -74.6261

    Address

  • Full Address: 7 Gordon Pl
  • Address - House Number: 7
  • Address - Street Name: Gordon
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 3742
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,222

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,225,341
  • High Value: 1,406,904
  • Low Value: 1,043,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $772,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 22, 2016
  • First Open Lien Mortgage Loan Amount: $772,000
  • 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, 2046

    Market Valuation

  • Market Total Value: $1,070,808
  • Market Land Value: $375,612
  • Market Improvement Value: $695,196

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,200
  • Assessed Land Value: $376,100
  • Assessed Improvements Value: $696,100

    Sales

  • Current Sale Contract Date: Jun 16, 2016
  • Current Sale Recording Date: Jun 22, 2016
  • Current Sale Transaction ID: 1868301324
  • Current Sale Price: $965,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016024453
  • Previous Sale Recording Date: Oct 24, 1997
  • Previous Sale Contract Date: Oct 23, 1997
  • Previous Sale Amount: $463,963
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 22, 2016
  • First Mortgage Loan Amount: $772,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: MARINE MIDLAND MTG
  • Previous Mortgage Transaction Date: Oct 24, 1997
  • Previous Mortgage Loan Amount: $371,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 7 Gordon Place located in?
The 7 Gordon Place is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 7 Gordon Place?
The average sales price for units in 7 Gordon Place is $0 currently.

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