48 Commonwealth Dr Basking Ridge, NJ 07920
Built 1987Residential
- Assessed
- $432,000
- Last sale
- $457,500Jan 9, 2026
- Built
- 1987
- Size
- 1,200 sq ft
- Owner
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- Status
- No open cases
Property information
- Block
- 8603
- Lot
- 48
- Qualifier
- CONDO
- County
- Somerset
- Municipality
- Bernards Twp
- Tax map page
- 86
- Land description
- WASHINGTON VILLAGE
Building details
- Building class
- 20
- Description
- FAIRFAX
- Dwellings
- 1
- Zoning
- R5
- Square feet
- 1,200
- Acreage
- —
Assessment
- Land value
- $140,000
- 32%
- Improvement value
- $292,000
- 68%
- Total assessment
- $432,000
- Sale assessment
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- Tax (2024)
- $6,511
Owner mailing
- Street address
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Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.
7 events · 1987–2026
Sales6
- $350,300
Deed recorded
+15% vs 2019Per sq ft$292Held2.5 yrsSq ft1,200RecordedApr 18, 2022 - $305,000
Deed recorded
+13% vs 2013Per sq ft$254Held5.8 yrsSq ft1,200RecordedOct 11, 2019 - 6 years
- $270,000
Deed recorded
+81% vs 1998Per sq ft$225Held15.9 yrsSq ft1,200RecordedDec 11, 2013 - 16 years
- $148,000
Deed recorded
- 10 years
Property Built
County clerks also index recorded documents by address and by the names on them. Search Somerset County records
17 years · 2008–2024
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $6,511 | +0.6% | $140,000 | $292,000 | $432,000 |
| 2023 | $6,473 | +3.2% | $124,000 | $242,000 | $366,000 |
| 2022 | $6,271 | +2.6% | $120,000 | $190,400 | $310,400 |
| 2021 | $6,112 | +9.6% | $120,000 | $177,200 | $297,200 |
| 2020 | $5,579 | +4.5% | $115,000 | $176,900 | $291,900 |
| 2019 | $5,339 | -1.1% | $125,000 | $149,300 | $274,300 |
| 2018 | $5,400 | +5.3% | $123,000 | $143,300 | $266,300 |
| 2017 | $5,127 | +0.6% | $123,000 | $148,500 | $271,500 |
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