40 Commonwealth Dr, Basking Ridge, NJ 07920 Property Records

Somerset County and Bernards Township property record for 40 Commonwealth Dr, Basking Ridge, NJ 07920

Property Summary

Property Type	Single Family Home
Details	1,050 sqft · built 1987
Lot Size	0.011 acres (485 sqft)
Owner	Individual Name on Record
Last Sale	$405,000 (Nov 2025)
Tax Bill	$6,521 (2025)
Deeds & Mortgages	Nov 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`02-08603-0000-00044-0000-CONDO`

Property Details

APN / Parcel Number

Primary APN	`02-08603-0000-00044-0000-CONDO`
Alternative APNs	`02086000000000440000CONDO` `0208603000000044CONDO`

Interior

Building Area	1,050 sqft Living Area

Exterior

Year Built	Built 1987
Effective Year Built	Effective 1987
Architectural Style	Condo/Apartment
Lot Area	485 sqft (0.011 acres)

Location & Zoning

Old Parcel Number	02086000000000440000CONDO
Street Address	40 COMMONWEALTH DR
City	BASKING RIDGE
State	NJ
Zip	07920-3061
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R5
Legal Description	ADDITIONAL LOTS: L 40.01 C-GAR
Legal Subdivision	WASHINGTON VILLAGE CONDO BLDG
Legal Block	8603
Legal Lot Number	44
Jurisdiction	SOMERSET NJ
Township / Civil Division	BERNARDS
Census Block Group	1
Census Block	1004
Census Tract	52603

Owner

Source: Somerset County and Bernards Township records, 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	Individual Name on Record
Mailing Address	40 COMMONWEALTH DR, BASKING RIDGE, NJ 07920-3061
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Unmarried

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 14, 2025 · Amount on Record
Deed Sale	Nov 14, 2025 · Amount on Record
Prior Sale	Jul 19, 2005 · Amount on Record
Deed Document Number	202532184
Deed Book / Page	7650 / 1322
Record Updated	Oct 29, 2026

November 2025: Deed, Transfer

Document Type	Deed
Jurisdiction	SOMERSET NJ
Recording Date	Nov 14, 2025
Property Address	40 COMMONWEALTH DR, BASKING RIDGE, NJ 07920-3061
Document Number	0000032184
Book / Page	7650 / 1322
Instrument Date	Oct 16, 2025
Instrument	2025032184
Transaction Type	Transfer
Record Updated	Nov 27, 2025
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,263.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	62 EMERSON LN, BERKELEY HEIGHTS, NJ 07922-2414

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40 COMMONWEALTH DR, BASKING RIDGE, NJ 07920-3061

Mortgage

Document Number	0000032185
Date	Nov 14, 2025
Instrument	2025032185

Lender

Name	KEARNY BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2055

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		$404,500 (+4.71%) Land $140,000 Building $264,500	$404,500 (+4.71%) Land $140,000 Building $264,500
2025	$6,521.00 (+12.88%)	$386,300 (+27.16%) Land $140,000 Building $246,300	$386,300 (+27.16%) Land $140,000 Building $246,300
2024	$5,777.00 (+10.61%)
2023		$303,800 Land $124,000 Building $179,800	$303,800 Land $124,000 Building $179,800
2022	$5,223.00

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	2 (2008–2009)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jul 2009 · rainfall accumulation

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

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	Direct 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 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 166 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber	2,300 / 2,300
Optimum Cable · Fiber in parts of the area	940 / 35