40 Lake Rd Basking Ridge, NJ 07920

Built 1943 · ResidentialLong-term owner since Sep 10, 19981 owner signal on a paid plan
Assessed
$980,100
Last sale
$275,000Sep 10, 1998
Built
1943
Size
3,040 sq ft
Status
No open cases

Property information

Block
3802
Lot
2
Qualifier
—
County
Somerset
Municipality
Bernards Twp
Tax map page
38
Land description
.918AC

Building details

Building class
20
Description
2S-F-L-1AG
Dwellings
1
Zoning
R4
Square feet
3,040
Acreage
0.92 ac

Assessment

Land value
$380,700
39%
Improvement value
$599,400
61%
Total assessment
$980,100
Sale assessment
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Tax (2024)
$15,805

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

4 events · 1943–1998

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  • Deed recorded

    +54% vs 1990
    $275,000
    Per sq ft$90Held8.1 yrsSq ft3,040
  • 8 years
  • Deed recorded

    +321% vs 1972
    $179,000
    Held18.4 yrs
  • 18 years
  • Deed recorded

    $42,500
  • 29 years
  • Property Built

County clerks also index recorded documents by address and by the names on them. Search Somerset County records

YearProperty taxChangeLandImprovementAssessment
2024$15,805-1.3%$380,700$599,400$980,100
2023$16,020+0.7%$349,200$539,200$888,400
2022$15,903+3.6%$349,200$448,600$797,800
2021$15,355-0.4%$349,200$404,500$753,700
2020$15,410+4.1%$348,500$384,800$733,300
2019$14,801+0.0%$348,500$409,100$757,600
2018$14,796+4.0%$352,600$385,600$738,200
2017$14,223+2.4%$352,600$391,300$743,900
2016$13,885+3.0%$352,600$376,400$729,000
2015$13,478+2.7%$343,600$381,100$724,700
2014$13,126-1.3%$337,600$359,300$696,900
2013$13,298+1.8%$332,600$339,500$672,100
2012$13,063+1.1%$337,600$347,500$685,100
2011$12,922+0.2%$342,600$351,500$694,100
2010$12,895+2.8%$357,600$346,900$704,500
2009$12,540+0.9%$357,600$411,800$769,400
2008$12,431-0.2%$367,600$435,200$802,800
2007$12,456+3.1%$367,600$444,900$812,500
2006$12,082+7.0%$367,600$468,400$836,000
2005$11,292+3.5%$346,800$432,700$779,500
2004$10,907+6.6%$218,400$423,200$641,600
2003$10,233+94.7%$218,400$423,200$641,600
2002$5,257+10.1%$188,400$35,000$223,400
2001$4,774-2.0%$163,400$133,600$297,000
2000$4,873+14.0%$143,400$124,800$268,200
1999$4,275+10.9%$143,400$115,800$259,200
1998$3,854+8.6%$148,400$73,100$221,500
1997$3,548-1.5%$148,400$73,100$221,500
1996$3,600+5.1%$138,400$76,600$215,000
1995$3,427-1.9%$138,400$75,900$214,300
1994$3,494+5.8%$133,400$71,800$205,200
1993$3,303-1.4%$143,400$60,200$203,600
1992$3,348+6.0%$128,400$61,400$189,800
1991$3,159+6.6%$138,400$67,000$205,400
1990$2,964+22.1%$138,400$84,400$222,800
1989$2,426—$153,400$93,800$247,200