40 Potomac Dr, Basking Ridge, NJ 07920 Property Records

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

Property Summary

Property TypeSingle Family Home
Details1,050 sqft · built 1994
Lot Size0.012 acres (528 sqft)
OwnerCompany Name on File
Last Sale$128,432 (Apr 1994)
Tax Bill$6,411 (2025)
Deeds & MortgagesSep 2023 Transfer
Flood ZoneZone X (minimal risk)
APN02-08701-0000-00021-0000-CONDO

Property Details

APN / Parcel Number

Primary APN02-08701-0000-00021-0000-CONDO
Alternative APNs
  • 020018201004760000CONDO
  • 02001820100476CONDO

Interior

Building Area1,050 sqft Living Area

Exterior

Year BuiltBuilt 1994
Effective Year BuiltEffective 1994
Architectural StyleCondo/Apartment
Lot Area528 sqft (0.012 acres)

Location & Zoning

Old Parcel Number020018201004760000CONDO
Street Address40 POTOMAC DR
CityBASKING RIDGE
StateNJ
Zip07920-3190
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR5
Legal DescriptionADDITIONAL LOTS: L 21.01 C-GAR
Legal SubdivisionMADISON VILLAGE CONDO BLDG 65
Legal Block8701
Legal Lot Number21
JurisdictionSOMERSET NJ
Township / Civil DivisionBERNARDS
Census Block Group3
Census Block3003
Census Tract52603

Owner

40 Potomac Dr is owned by a company that acquired it in September 2023.

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

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

Owner of RecordCompany Name on File
Mailing Address40 POTOMAC DR, BASKING RIDGE, NJ 07920-3190
Owner TypeCompany
VestingBorrower in Default

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 4, 1994 · Amount on File
Deed SaleApr 4, 1994 · Amount on File
Deed Book / Page1950 / 369
Last Transfer DateSep 8, 2023
Transfer Doc0000024058
Record UpdatedSep 20, 2026

September 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionSOMERSET NJ
Recording DateSep 14, 2023
Property Address40 POTOMAC DR, BASKING RIDGE, NJ 07920-3190
Document Number0000024058
Book / Page7524 / 2424
Instrument DateSep 8, 2023
Instrument2023024058
Transaction TypeTransfer
Record UpdatedSep 26, 2023

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address40 POTOMAC DR, BASKING RIDGE, NJ 07920-3190

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address40 POTOMAC DR, BASKING RIDGE, NJ 07920-3190

Tax Assessment & Valuation

The 2025 property tax bill for 40 Potomac Dr was $6,411, up 8.2% 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$390,900 (+2.92%) Land $140,000 Building $250,900$390,900 (+2.92%) Land $140,000 Building $250,900
2025$6,411.00 (+8.22%)$379,800 Land $140,000 Building $239,800$379,800 Land $140,000 Building $239,800
2024$5,924.00
2023$299,000 (+8.77%) Land $124,000 Building $175,000$299,000 (+8.77%) Land $124,000 Building $175,000
2022$5,528.00$274,900 Land $120,000 Building $154,900$274,900 Land $120,000 Building $154,900

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

Flood

FEMA maps place 40 Potomac Dr in Zone X, an area of minimal flood risk.

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

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

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

Wildfire

Wildfire risk around 40 Potomac Dr 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
ExposureNone
beyond ember reach

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 70 locations within half a mile, as of December 31, 2025

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

May also be available: Verizon.

Nearby Properties on Potomac Dr

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