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Foreclosure Homes in Basking Ridge, NJ 07920

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Basking Ridge, NJ Foreclosures

Current Market Conditions in in Basking Ridge, NJ As of January 2026?
Over the past month, Basking Ridge has experienced a slight increase in home prices, driven by a surge in buyer interest and a reduction in inventory. As the COVID-19 pandemic has shifted more buyers towards suburban living, the market here has attracted many looking for land, green space, and a peaceful community atmosphere that allows for remote work and outdoor activities.
How much do homes sell for in Basking Ridge, NJ?
The average home price is currently $1,037,377.
In Basking Ridge, NJ, how many homes are available?
There are currently 72 active home listings available in Basking Ridge.
What’s the average rental cost in Basking Ridge, NJ?
The average rental price in Basking Ridge is $3,658.
What is the most expensive home in Basking Ridge?
The most expensive home sold in Basking Ridge had a price of $144,973,416.
What is currently the cheapest priced home in Basking Ridge, NJ?
The cheapest home for sale in Basking Ridge is priced at $33,230.

Living in Basking Ridge, NJ

Basking Ridge is a charming suburban community located in the township of Bernards in Somerset County, New Jersey. Known for its picturesque landscapes and historic sites, Basking Ridge offers a family-friendly environment with a small-town feel. The area boasts a variety of amenities, including parks, restaurants, and highly rated schools, making it an attractive destination for homebuyers.

Buyer vs Seller Market in Basking Ridge, NJ

Basking Ridge's real estate market has shown resilience and growth over the past year, with increasing demand for homes reflecting its desirability. The area's combination of good schools and low crime rates makes it particularly appealing to families and professionals alike.

In the past month, the market has remained active, with new listings coming onto the market and competitive bidding situations for desirable properties. Buyers are increasingly interested in the attractive features of homes in this area, such as yard space and commuting convenience.

Home Value Estimator For Basking Ridge, NJ

There are currently 10,093 real estate properties in Basking Ridge, NJ, with a median automated valuation model (AVM) price of $891,186.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Basking Ridge, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Basking Ridge, NJ, is $1,037,377.00, with the most expensive house in Basking Ridge, NJ, topping out at $144,973,416.00 and the cheapest home in Basking Ridge, NJ, clocking in at $33,230.00. In other words, there’s something for every potential homebuyer or savvy investor in Basking Ridge, NJ!

Rent Prices In Basking Ridge, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Basking Ridge, NJ, is on a rollercoaster ride. The average rent price in Basking Ridge, NJ, is $3,658.00. Indeed, when looking to rent in Basking Ridge, NJ, you can expect to pay as little as $1,590.00 or as much as $8,440.00, with the average rent median estimated to be $3,540.00. The good news is that finding an affordable and desirable property to rent in Basking Ridge, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Basking Ridge, NJ 07920 Foreclosures


Market Trend for Basking Ridge, NJ

Total Listings Available: 72

Market Values:

Home Prices from $33,230 to $144,973,416

Average Sales Price: $1,037,377

Rental Values:

Rental from $1,590 to $8,440

Average Rent Value: $3,658 / month

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