Real estate in Basking Ridge is thriving, with strong demand for homes across various price ranges. Here are some recent sold properties in the area:
141 Lake Rd, Basking Ridge, NJ 07920
Sold in December 2024 for $948,000
This charming property with beautiful updates and spacious living areas is an example of a well-priced home in a desirable neighborhood. The buyers were quick to act, and the home sold within a reasonable timeframe.
49 Wexford Way, Basking Ridge, NJ 07920
Sold in November 2024 for $980,000
Located in a popular community, this home offers great value with an updated kitchen, spacious living areas, and a beautifully landscaped backyard. It was highly sought after, and the sale price reflects the value of this wonderful property.
8 Morrison St, Basking Ridge, NJ 07920
JUST SOLD for $1,740,000
This stunning property is a standout in the market. Featuring high-end finishes, luxurious living spaces, and an expansive lot, it attracted top-tier buyers willing to pay a premium for this extraordinary home.
The Basking Ridge Real Estate Market: What’s Driving Home Sales?
The Basking Ridge real estate market is consistently strong, with homes selling for close to their asking prices. Key factors influencing these sales include
Location and Community Appeal
Basking Ridge remains one of the most desirable towns in Somerset County, NJ. Known for its top-rated schools, family-friendly atmosphere, and easy access to transportation, it attracts buyers looking for both comfort and convenience.
Demand for Updated Homes
Homes that have been updated or remodeled tend to sell faster and for a higher price. Whether it’s a new kitchen, remodeled bathrooms, or beautifully landscaped yards, buyers are willing to pay a premium for homes that are move-in ready.
Luxury Properties are Still in Demand
The sale of properties like 8 Morrison St for over $1.7 million demonstrates the continued demand for luxury homes in the area. Basking Ridge offers a variety of luxury properties with sprawling yards, private locations, and high-end amenities.
How Can You Take Advantage of Today’s Real Estate Market?
Whether you’re a buyer or seller, understanding the latest trends can give you a significant advantage. Here’s what you need to know:
- For Buyers: Now is a great time to find a property that suits your needs in Basking Ridge. Homes are selling, but there are still great opportunities for those who act quickly. Reach out to me to discuss the best properties that match your criteria.
- For Sellers: If you’re thinking of selling your home in Basking Ridge, pricing it correctly and showcasing your home’s best features is key. A well-prepared home in this market can sell for top dollar—just like the recent sales we’ve seen.
Thinking of Buying or Selling in Basking Ridge?
If you’re ready to explore the Basking Ridge real estate market—whether buying or selling—I’m here to help! Let’s connect and discuss your goals. Reach out to me at (908) 432-0318 or send me a message through the contact form to get started.
