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 TypeSingle Family Home
Details950 sqft · built 1989
Lot Size0.009 acres (379 sqft)
Owner2 Individual Names on File
Last Sale$395,000 (Dec 2018)
Tax Bill$5,385 (2025)
Deeds & MortgagesJan 2020 Mortgage
Dec 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN02-08701-0000-00139-0000-CONDO

Property Details

APN / Parcel Number

Primary APN02-08701-0000-00139-0000-CONDO
Alternative APNs
  • 020018201005940000CONDO
  • 0208701000000139CONDO

Interior

Building Area950 sqft Living Area

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Architectural StyleCondo/Apartment
Lot Area379 sqft (0.009 acres)
Garage TypeAttached

Location & Zoning

Old Parcel Number020018201005940000CONDO
Street Address318 POTOMAC DR
CityBASKING RIDGE
StateNJ
Zip07920-3124
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR5
Legal DescriptionADDITIONAL LOTS: L 139.01 C-GAR
Legal SubdivisionMADISON VILLAGE CONDO BLDG #92
Legal Block8701
Legal Lot Number139
JurisdictionSOMERSET NJ
Township / Civil DivisionBERNARDS
Census Block Group3
Census Block3003
Census Tract52603

Owner

Source: Somerset County and Bernards Township records · APN 02-08701-0000-00139-0000-CONDO

Assessment roll updated July 7, 2026 · Last verified July 2026

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

Owner of Record2 Individual Names on File
Mailing Address220 GROVE VALLEY CT, CHALFONT, PA 18914-2305
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jan 08, 2020Deed of Trust, Mortgage · Conventional Mortgage
ALLIED MORTGAGE GROUP INC
Dec 13, 2018Deed, Transfer · Conventional Mortgage
PROSPERITY HOME MORTGAGE LLC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleDec 13, 2018 · Amount on Record
Deed SaleDec 13, 2018 · Amount on Record
Prior SaleJan 22, 2013 · Amount on Record
Deed Document Number201846128
Deed Book / Page7088 / 3472
Record UpdatedSep 20, 2026

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSOMERSET NJ
Property Address318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124
Transaction TypeMortgage
Record UpdatedFeb 05, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000000872
DateJan 08, 2020
Book Page7180/1006
Instrument2020000872
Lender
NameALLIED MORTGAGE GROUP INC
TypeMortgage Company
AddressBALA CYNWYD, PA 19004
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueJan 01, 2035

December 2018: Deed, Transfer

Document TypeDeed
JurisdictionSOMERSET NJ
Recording DateDec 13, 2018
Property Address318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124
Document Number0000046128
Book / Page7088 / 3472
Instrument DateDec 11, 2018
Instrument2018046128
Transaction TypeTransfer
Record UpdatedNov 05, 2021
Title CompanyASSOCIATES TITLE AGENCY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$3,167.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address318 POTOMAC DR, 318, BASKING RIDGE, NJ 07920-3124

Transferred To (Grantee/Buyer)

NameVerified Name
Address318 POTOMAC DR, BASKING RIDGE, NJ 07920-3124

Mortgage

Document Number0000046129
DateDec 13, 2018
Instrument2018046129
Lender
NamePROSPERITY HOME MORTGAGE LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term181 Months
DueJan 01, 2034

Tax Assessment & Valuation

Source: Somerset County and Bernards Township records · Assessment roll updated July 7, 2026 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed 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

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Somerset County (34035C), as of September 3, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition, as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Wildfire

Wildfire RiskLow
lower than 80% of the US · lower than 65% of New Jersey
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Optimum Communications
Cable
940 / 35

May also be available: Verizon.

Based on FCC filings for 70 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System, water system NJ0712001, as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemNJ AMERICAN WATER - SHORT HILLS
private · serves 217,230 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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