When was property at 83 Alder Lane built and last sold?

The property at 83 Alder Lane was built in 1994 and last sold on Jul 5, 2023 for $1,180,000.

How much is this home worth?

The estimated value of the home located at 83 Alder Lane is $0.

What are some comparable homes to 83 Alder Lane?

There are currently no comparable homes to 83 Alder Lane.

Somerset

07920

83 Alder Ln

$1,180,000

● House - Off Market

83 Alder Ln

Basking Ridge, NJ 07920

4 Beds

3.1 Baths

$5,794

Est. Monthly

2.73%

Cap Rate

Unit Size

Days on Market

Land Size

0.19 acres

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1994

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (GSMLS #3966727)

Price History

Date / Event	Date	Event
Aug 8, 2025	No longer available	-
No longer available
Jun 23, 2025	In contract	-
In contract
Jul 6, 2023	Sold	Premium
Sold
Jun 16, 2023	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 1994
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,276

Total Building Area: 3,380
Building Area: 3,380
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 3,380
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PLAN OF LOTS BERNARDS HIGHLANDS
Land Acres: 0000000190
Standard Land Use Code: 1001
County Land Use Code: 2
Legal Description 1: ADDITIONAL LOTS: CARLISLE 8 CR

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 09804-0000-00052
Block: 9804
Lot: 52
Municipality: BERNARDS TWP
Latitude: 40.6598
Longitude: -74.6261

Address

Full Address: 83 Alder Ln

Address - House Number: 83
Address - Street Name: Alder
Address - Suffix Type: Ln
State: NJ
City Name: Basking Ridge
Carrier Code: C004
4-Digit Zip Code: 3708
Zip Code: 07920

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,731,914

Appraisal Valuation

Standard Deviation: 0.1481

Valuation Date: Feb 14, 2024
Confidence Score: 82
Final Value: 1,091,978
High Value: 1,253,780
Low Value: 930,175

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $917,108

Market Land Value: $300,310
Market Improvement Value: $616,798

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $918,300
Assessed Land Value: $300,700
Assessed Improvements Value: $617,600

Sales

Current Sale Contract Date: Jul 05, 2023

Current Sale Recording Date: Jul 14, 2023
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 17863
Previous Sale Recording Date: Oct 06, 2014
Previous Sale Contract Date: Aug 28, 2014
Previous Sale Amount: $865,000
Previous Sale Document Type: 12

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Somerset

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

Average Home Size

1081 ft²

Average Home Age

39.2 years

Currently For Sale

714 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1 Knox Ct, Bernards Twp., 07920-2950

$4,200 /mo

2 Beds
2 Baths
2,097 ft²

1 Knox Ct, Bernards Twp., 07920-2950 Listing by PAOLA MORCHIO

Unit for rent at 13 Battalion Dr, Bernards Twp., 07920-3846

$4,600 /mo

3 Beds
3 Baths

13 Battalion Dr, Bernards Twp., 07920-3846 Listing by CATHERINE BOE RACIOPPI

Unit for rent at 2 Charleston Ct, Bernards Twp., 07920-3813

$4,200 /mo

3 Beds
2 Baths

2 Charleston Ct, Bernards Twp., 07920-3813 Listing by NATALIE BRUNETTO

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 2 years ago
Data Source: GSMLS, MLS#

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

83 Alder Ln

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Somerset

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions