You may have seen my listing at 11 Archgate Road in Basking Ridge. It’s a wonderful four bedroom center hall colonial set on almost an acre in the Glenbrook community of homes right off of Lyons Road. Many major updates have been taken care of: landscaping, new driveway, roof, gutters, front porch, irrigation, bathrooms, floors, doors, electric, moldings, California closets, even an energy audit!
There have been several sales in this community over the last 12 months:
- 65 Addison Drive – 4 bedrooms, 2.1 baths on almost an acre – sold for $780,000
- 11 Penwood Road – 5 bedrooms, 2.2 baths – sold for $760,000
- 3 Penwood Road – 5 bedrooms, 3.1 baths – sold for $839,000
Given the size difference and location difference of these properties, 11 Archgate Road has been fairly priced at $94,000 lower than the average value of these closed sales in the neighborhood.
At $699,000, 11 Archgate Road is an excellent value in Basking Ridge!
If you haven’t seen it yet, call your agent or contact me and I will make an appointment for you to preview it. You never know, this could be your next home in Basking Ridge!
