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70 Blackburn Road

70 Blackburn Road, Basking Ridge, NJ 07920
Property in Somerset
Sold Sep 20, 2021
$1,375,000
$962,500 by Citibank Na
Mortgage Due Oct 01, 2051
Sold Mar 24, 1995
$501,333
$200,000 by Prud Home Mtg
Mortgage
70 Blackburn Road in Basking Ridge, NJ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. 70 Blackburn Road has 4,358 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 24,829 square feet.

Learn more about the property and building on this page. 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, 70 Blackburn Road sold most recently in Sep 2, 2021 for a total of $1,375,000. If you work out the math, that's approximately a cost of $315.51 per sqft. Before that, the property was also sold for $501,333 in Mar 16, 1995. 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 $25,040 in taxes each year. 70 Blackburn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,327,700. If we break it down further, the land itself was valued at $404,500. Improvements to the property, however, were assessed at a total of $923,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 4,358
  • Building Area: 4,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: SHERBROOKE +

Ownership

  • Current Owner : SITARAMAN NARAYANAN
  • Current Owner 2: SITARAMAN SRIKALYANI
  • Previous Owner : BYRNE JEFFREY G
  • Previous Owner 2: BYRNE LINDA A
  • Owner Before Previous Owner: DEVE SHEREBROOKE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

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 06404-0000-00008
  • Block: 6404
  • Lot: 8
  • Municipality: BERNARDS TWP
  • Latitude: 40.6734
  • Longitude: -74.5461

    Address

  • Full Address: 70 Blackburn Rd
  • Address - House Number: 70
  • Address - Street Name: Blackburn
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C014
  • 4-Digit Zip Code: 2667
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,040

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,585,927
  • High Value: 1,824,711
  • Low Value: 1,347,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $962,500
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $962,500
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $1,325,976
  • Market Land Value: $403,975
  • Market Improvement Value: $922,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,327,700
  • Assessed Land Value: $404,500
  • Assessed Improvements Value: $923,200

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11856729952
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021056381
  • Previous Sale Recording Date: Mar 24, 1995
  • Previous Sale Contract Date: Mar 16, 1995
  • Previous Sale Amount: $501,333
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $962,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRUD HOME MTG
  • Previous Mortgage Transaction Date: Mar 24, 1995
  • Previous Mortgage Loan Amount: $200,000

About Somerset



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Nearby Rentals

Unit for rent at 2 Hawthorne Pl, Bernards Twp., NJ, 07920-3125

$4,250 /mo

  • 3 Beds
  • 2.5 Baths
2 Hawthorne Pl, Bernards Twp., NJ, 07920-3125 Listing by HUI C. CHANG

Frequently Asked Questions

What neighborhood is 70 Blackburn Road located in?
The 70 Blackburn Road is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 70 Blackburn Road?
The average sales price for units in 70 Blackburn Road is $0 currently.

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