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7 Green Mountain Drive

7 Green Mountain Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Nov 01, 2016
$1,215,000
$40,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2031
Sold Dec 31, 1996
$552,500
$300,000 by Dime Mtg
Mortgage
7 Green Mountain Drive in Basking Ridge, NJ was first built in 1996 and is 28 years old. This has been categorized as a residential property type. 7 Green Mountain Drive has 3,642 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 30,928 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 24, 2016 for $1,215,000. That's $333.61 per sqft. Prior to that sales transaction, the property was also sold in Dec 27, 1996 for $552,500. 7 Green Mountain Drive was last assessed in 2023. The total value of the property was assessed at $1,251,000. Specifically, the land the property is located on was valued at $418,700. While improvements on the property were assessed at a total of $832,300. 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 $23,594. 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. 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: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 3,642
  • Building Area: 3,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.71
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: VAN GOGH

Ownership

  • Current Owner : SHEN ERIC B
  • Current Owner 2: SHEN EMILY
  • Previous Owner : KILLEEN KEVIN C
  • Previous Owner 2: KILLEEN KENDRA L
  • Owner Before Previous Owner: SECTION 13 OF THE HILLS
  • 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 65
  • District: 02
  • Parcel: 02 10401-0000-00003
  • Block: 10401
  • Lot: 3
  • Municipality: BERNARDS TWP
  • Latitude: 40.6519
  • Longitude: -74.6051

    Address

  • Full Address: 7 Green Mountain Dr
  • Address - House Number: 7
  • Address - Street Name: Green Mountain
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 2988
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,594

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,454,005
  • High Value: 1,669,451
  • Low Value: 1,238,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2016
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $1,249,375
  • Market Land Value: $418,156
  • Market Improvement Value: $831,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,251,000
  • Assessed Land Value: $418,700
  • Assessed Improvements Value: $832,300

    Sales

  • Current Sale Contract Date: Oct 24, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Transaction ID: 1947680533
  • Current Sale Price: $1,215,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016047384
  • Previous Sale Recording Date: Dec 31, 1996
  • Previous Sale Contract Date: Dec 27, 1996
  • Previous Sale Amount: $552,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 01, 2016
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: DIME MTG
  • Previous Mortgage Transaction Date: Dec 31, 1996
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

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

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