318 Potomac Dr, Basking Ridge, NJ 07920 Property Records

Somerset County and Bernards Township property record for 318 Potomac Dr, Basking Ridge, NJ 07920

Property Summary

Property Type	Single Family Home
Details	950 sqft · built 1989
Lot Size	0.009 acres (379 sqft)
Owner	2 Individual Names on File
Last Sale	$395,000 (Dec 2018)
Tax Bill	$5,385 (2025)
Deeds & Mortgages	Jan 2020 Mortgage Dec 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`02-08701-0000-00139-0000-CONDO`

Property Details

APN / Parcel Number

Primary APN	`02-08701-0000-00139-0000-CONDO`
Alternative APNs	`020018201005940000CONDO` `0208701000000139CONDO`

Interior

Building Area	950 sqft Living Area

Exterior

Year Built	Built 1989
Effective Year Built	Effective 1989
Architectural Style	Condo/Apartment
Lot Area	379 sqft (0.009 acres)
Garage Type	Attached

Location & Zoning

Old Parcel Number	020018201005940000CONDO
Street Address	318 POTOMAC DR
City	BASKING RIDGE
State	NJ
Zip	07920-3124
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R5
Legal Description	ADDITIONAL LOTS: L 139.01 C-GAR
Legal Subdivision	MADISON VILLAGE CONDO BLDG #92
Legal Block	8701
Legal Lot Number	139
Jurisdiction	SOMERSET NJ
Township / Civil Division	BERNARDS
Census Block Group	3
Census Block	3003
Census Tract	52603

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	220 GROVE VALLEY CT, CHALFONT, PA 18914-2305
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jan 8, 2020	Deed of Trust, Mortgage · Conventional Mortgage ALLIED MORTGAGE GROUP INC
Dec 13, 2018	Deed, Transfer · Conventional Mortgage PROSPERITY HOME MORTGAGE LLC

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Dec 13, 2018 · Amount on Record
Deed Sale	Dec 13, 2018 · Amount on Record
Prior Sale	Jan 22, 2013 · Amount on Record
Deed Document Number	201846128
Deed Book / Page	7088 / 3472
Record Updated	Sep 20, 2026

January 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SOMERSET NJ
Property Address	318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000000872
Date	Jan 8, 2020
Book Page	7180/1006
Instrument	2020000872

Lender

Name	ALLIED MORTGAGE GROUP INC
Type	Mortgage Company
Address	BALA CYNWYD, PA 19004

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Jan 1, 2035

December 2018: Deed, Transfer

Document Type	Deed
Jurisdiction	SOMERSET NJ
Recording Date	Dec 13, 2018
Property Address	318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124
Document Number	0000046128
Book / Page	7088 / 3472
Instrument Date	Dec 11, 2018
Instrument	2018046128
Transaction Type	Transfer
Record Updated	Nov 5, 2021
Title Company	ASSOCIATES TITLE AGENCY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$3,167.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	318 POTOMAC DR, 318, BASKING RIDGE, NJ 07920-3124

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124

Mortgage

Document Number	0000046129
Date	Dec 13, 2018
Instrument	2018046129

Lender

Name	PROSPERITY HOME MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Jan 1, 2034

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	New Jersey
County	Somerset County
County Subdivision	Bernards Township
Unified School District	Bernards Township School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$347,200 (+8.84%) Land $140,000 Building $207,200	$347,200 (+8.84%) Land $140,000 Building $207,200
2025	$5,385.00 (+7.92%)	$319,000 (+20.15%) Land $140,000 Building $179,000	$319,000 (+20.15%) Land $140,000 Building $179,000
2024	$4,990.00 (+1.75%)
2023		$265,500 Land $124,000 Building $141,500	$265,500 Land $124,000 Building $141,500
2022	$4,904.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective September 3, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 80% of the US · lower than 65% of New Jersey
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Drinking Water

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

Water System	NJ AMERICAN WATER - SHORT HILLS private · serves 217,230 people · EPA ID NJ0712001
Water Source	Surface water
Last State Inspection	Nov 2022
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 70 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Communications Cable	940 / 35

May also be available: Verizon.

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