131 Morristown Rd, Basking Ridge, NJ 07920 Property Records

Somerset County and Bernards Township property record for 131 Morristown Rd, Basking Ridge, NJ 07920

Property Summary

Property TypeCommercial Office
Details211,662 sqft · built 1984
Lot Size33.8 acres (1,473,635 sqft)
OwnerCompany Name on File
Last Sale$9,432,562 (Mar 2023)
Tax Bill$301,728 (2025)
Deeds & MortgagesMar 2023 Sale & Construction Loan
Flood ZoneZone X (minimal risk)
APN02-00801-0000-00002

Property Details

APN / Parcel Number

Primary APN02-00801-0000-00002
Alternative APNs
  • 02000060000000050001
  • 020000600000000501

Interior

Building Area211,662 sqft Total Area

Exterior

Year BuiltBuilt 1984
Effective Year BuiltEffective 1984
Lot Area1,473,635 sqft

Location & Zoning

Old Parcel Number020000600000000501
Street Address131 MORRISTOWN RD
CityBASKING RIDGE
StateNJ
Zip07920-1654
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeE5
Legal DescriptionADDITIONAL LOTS: NET 210294 SF
Legal Block801
Legal Lot Number2
JurisdictionSOMERSET NJ
Township / Civil DivisionBERNARDS
Census Block Group3
Census Block3009
Census Tract52400

Owner

131 Morristown Rd, a commercial property, is owned by a company that bought it in March 2023.

Source: Somerset County and Bernards Township records, as of July 7, 2026

Owner of RecordCompany Name on File
Mailing Address123 SOUTH AVE E, WESTFIELD, NJ 07090-1577
Owner TypeCompany
VestingLimited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 7, 2023 · Amount on File
Deed SaleMar 7, 2023 · Amount on File
Prior SaleMay 1, 2002 · Amount on File
Deed Document Number20235728
Deed Book / Page7495 / 2970
Prior Transfer DateFeb 22, 2023
Prior Transfer Doc0000005728
Record UpdatedOct 29, 2026

March 2023: Bargain and Sale Deed, Construction Loan

Document TypeBargain and Sale Deed
JurisdictionSOMERSET NJ
Recording DateMar 7, 2023
Property Address131 MORRISTOWN RD, BASKING RIDGE, NJ 07920-1654
Document Number0000005728
Book / Page7495 / 2970
Instrument DateFeb 22, 2023
Instrument2023005728
Transaction TypeConstruction Loan
Record UpdatedMar 17, 2023
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated

Transferred From (Grantor/Seller)

NameVerified Name
Address10 STATE HOUSE SQ, HARTFORD, CT 06103-3604

Transferred To (Grantee/Buyer)

NameVerified Name
Address123 SOUTH AVE E, WESTFIELD, NJ 07090-1577
Mail Care OfADONI PROPERTY GROUP LLC

Mortgage

Document Number0000005729
DateMar 7, 2023
Instrument2023005729
Lender
NameTRISTATE CAPITAL BANK
TypeBank
Agreement
TypeConstruction Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 131 Morristown Rd was $301,728, down 10.4% from the year before.

Source: Somerset County and Bernards Township assessment roll, as of July 7, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountySomerset County
County SubdivisionBernards Township
Unified School DistrictBernards Township School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$15,772,100 (-11.76%) Land $7,581,600 Building $8,190,500$15,772,100 (-11.76%) Land $7,581,600 Building $8,190,500
2025$301,728.00 (-10.39%)$17,874,900 Land $7,581,600 Building $10,293,300$17,874,900 Land $7,581,600 Building $10,293,300
2024$336,700.00
2023$19,977,900 Land $7,581,600 Building $12,396,300$19,977,900 Land $7,581,600 Building $12,396,300
2022$488,874.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 131 Morristown Rd in Zone X, an area of minimal flood risk, though there have been 12 flood claims nearby since 1996.

Source: FEMA National Flood Hazard Layer, effective September 3, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies5 in force
Nearby Flood Claims12 (1996–2021)
Claims Outside the SFHA6 of 12
Most Recent ClaimSep 2021 · Remnants Of Hurricane Ida
Claims by Event
  • Hurricane Irene, Aug 2011 · 3 claims
  • Hurricane Floyd Major Disaster Declarations, Sep 1999 · 2 claims
  • Severe Storms And Flooding, Oct 1996 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 131 Morristown Rd is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 65% of New Jersey
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNJ AMERICAN WATER - SHORT HILLS
private · serves 217,230 people · EPA ID NJ0712001
Water SourceSurface water
Last State InspectionNov 2022
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 74 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber
2,300 / 2,300

May also be available: Xfinity.

Nearby Properties on Morristown Rd

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