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93 Constitution Way

93 Constitution Way, Basking Ridge, NJ 07920
Property in Somerset
Sold Sep 07, 2021
$575,250
$402,675 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2051
Sold Nov 09, 2016
$529,000
$423,200 by Bank Of America Na
Mortgage Due Dec 01, 2046
93 Constitution Way in Basking Ridge, NJ was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 93 Constitution Way has 2,097 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 1,121 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 19, 2021 for $575,250. That's $274.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 2, 2016 for $529,000. 93 Constitution Way was last assessed in 2023. The total value of the property was assessed at $564,500. Specifically, the land the property is located on was valued at $170,000. While improvements on the property were assessed at a total of $394,500. 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 $10,646. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,121
  • Total Building Area: 2,097
  • Building Area: 2,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMILTON WOODS CONDOMINIM
  • Land Acres: 0.025
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 2020

Ownership

  • Current Owner : LIN XIAO RUI
  • Current Owner 2: ZHANG LING XIAO
  • Previous Owner : CHEN GONGJIE
  • Previous Owner 2: DING HONG
  • Owner Before Previous Owner: SHAIRAITI NASSEREDIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: PUD5

Geography

  • District: 02
  • Parcel: 02 10601-0000-00026- 06-CONDO
  • Block: 10601
  • Lot: 26.06
  • Municipality: BERNARDS TWP
  • Latitude: 40.6524
  • Longitude: -74.6146

    Address

  • Full Address: 93 Constitution Way
  • Address - House Number: 93
  • Address - Street Name: Constitution
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 2967
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,646

    Appraisal Valuation

  • Standard Deviation: 0.1258
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 86
  • Final Value: 686,950
  • High Value: 773,408
  • Low Value: 600,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,675
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $402,675
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $563,767
  • Market Land Value: $169,779
  • Market Improvement Value: $393,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,500
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $394,500

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11854900301
  • Current Sale Price: $575,250
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021053807
  • Previous Sale Recording Date: Nov 09, 2016
  • Previous Sale Contract Date: Nov 02, 2016
  • Previous Sale Amount: $529,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $402,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 09, 2016
  • Previous Mortgage Loan Amount: $423,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Somerset



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Frequently Asked Questions

What neighborhood is 93 Constitution Way located in?
The 93 Constitution Way is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 93 Constitution Way?
The average sales price for units in 93 Constitution Way is $0 currently.

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