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86 Riverside Drive

86 Riverside Drive, Basking Ridge, NJ 07920
Property in Somerset
Sold Nov 30, 2015
$815,000
$590,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2045
Sold Jan 30, 1996
$310,000
$225,000 by Chatham Savings
Mortgage
Local assessors in Basking Ridge, NJ have categorized 86 Riverside Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 41,382 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 86 Riverside Drive has a total of 3,364 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. The property was last sold in Nov 13, 2015 for $815,000. That's $242.27 per sqft. Prior to that sales transaction, the property was also sold in Jan 26, 1996 for $310,000. 86 Riverside Drive was last assessed in 2023. The total value of the property was assessed at $856,100. Specifically, the land the property is located on was valued at $409,000. While improvements on the property were assessed at a total of $447,100. 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 $16,146. 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: 1962
  • Effective Year Built: 1962
  • Total Rooms: 9
  • 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: 41,382
  • Total Building Area: 3,364
  • Building Area: 3,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NAIM GIACOMO
  • Current Owner 2: NAIM DANIELLE STILES
  • Previous Owner : DEGREGORIO ANTHONY
  • Previous Owner 2: DEGREGORIO ADRIA
  • Owner Before Previous Owner: MULLINS ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052603

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 02
  • Parcel: 02 03303-0000-00021
  • Block: 3303
  • Lot: 21
  • Municipality: BERNARDS TWP
  • Latitude: 40.687
  • Longitude: -74.5276

    Address

  • Full Address: 86 Riverside Dr
  • Address - House Number: 86
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 1309
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,146

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,129,554
  • High Value: 1,296,925
  • Low Value: 962,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $590,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2015
  • First Open Lien Mortgage Loan Amount: $590,000
  • 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: Dec 01, 2045

    Market Valuation

  • Market Total Value: $854,989
  • Market Land Value: $408,469
  • Market Improvement Value: $446,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $856,100
  • Assessed Land Value: $409,000
  • Assessed Improvements Value: $447,100

    Sales

  • Current Sale Contract Date: Nov 13, 2015
  • Current Sale Recording Date: Nov 30, 2015
  • Current Sale Transaction ID: 1367796495
  • Current Sale Price: $815,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015050180
  • Previous Sale Recording Date: Jan 30, 1996
  • Previous Sale Contract Date: Jan 26, 1996
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 30, 2015
  • First Mortgage Loan Amount: $590,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CHATHAM SAVINGS
  • Previous Mortgage Transaction Date: Jan 30, 1996
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 86 Riverside Drive located in?
The 86 Riverside Drive is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 86 Riverside Drive?
The average sales price for units in 86 Riverside Drive is $0 currently.

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