House Prices

Ridge Oak Basking Ridge, NJ House Prices & Home Values 2026


Average Data

average house price$514,424
average size per house1882 ft²
average price per ft²263 $ / ft²

05/21/2026 - The value range (VR) for house prices in Ridge Oak Basking Ridge, NJ is $249.85/ sqft to $276.15/ sqft. An average home with 1882 sqft costs approximately $450,939 to $498,407. Basking Ridge, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 07920, while the highest are in ZIP 07920. The average price per sqare feet is $263. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Ridge Oak Basking Ridge

07920262 $ / ft²




Historical development of home values in Ridge Oak Basking Ridge

Year Estimated value (USD) Change vs. 2025
2010 $238,908 -53.6%
2011 $229,669 -55.4%
2012 $229,051 -55.5%
2013 $237,612 -53.8%
2014 $249,427 -51.5%
2015 $262,229 -49.0%
2016 $275,914 -46.4%
2017 $290,806 -43.5%
2018 $306,883 -40.3%
2019 $321,113 -37.6%
2020 $337,713 -34.4%
2021 $384,112 -25.3%
2022 $447,788 -13.0%
2023 $472,214 -8.2%
2024 $499,532 -2.9%
2025 $514,424 0.0%

Graph: estimated home values in Ridge Oak Basking Ridge over time (USD)



Example: 100% financing house in Ridge Oak Basking Ridge

Loan amount: $514,424

Interest rate: 5.75%

Fixed monthly payment: $3,003.35

Breakdown in the 1st month:
Interest portion: $2,466.66  –  Principal portion: $536.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,427.37 $6,612.78 $507,811.22
2 $29,036.67 $7,003.48 $500,807.73
3 $28,622.89 $7,417.26 $493,390.47
4 $28,184.67 $7,855.49 $485,534.98
5 $27,720.55 $8,319.61 $477,215.38
6 $27,229.01 $8,811.14 $468,404.24
7 $26,708.43 $9,331.72 $459,072.51
8 $26,157.09 $9,883.06 $449,189.45
9 $25,573.18 $10,466.97 $438,722.48
10 $24,954.77 $11,085.38 $427,637.10
11 $24,299.83 $11,740.33 $415,896.77
12 $23,606.18 $12,433.97 $403,462.80
13 $22,871.56 $13,168.59 $390,294.20
14 $22,093.53 $13,946.62 $376,347.58
15 $21,269.54 $14,770.61 $361,576.97
16 $20,396.86 $15,643.29 $345,933.68
17 $19,472.62 $16,567.53 $329,366.15
18 $18,493.78 $17,546.37 $311,819.78
19 $17,457.11 $18,583.05 $293,236.73
20 $16,359.18 $19,680.97 $273,555.76
21 $15,196.39 $20,843.76 $252,712.00
22 $13,964.90 $22,075.25 $230,636.75
23 $12,660.65 $23,379.50 $207,257.25
24 $11,279.35 $24,760.81 $182,496.44
25 $9,816.43 $26,223.73 $156,272.71
26 $8,267.08 $27,773.08 $128,499.64
27 $6,626.19 $29,413.96 $99,085.67
28 $4,888.35 $31,151.80 $67,933.87
29 $3,047.84 $32,992.31 $34,941.56
30 $1,098.59 $34,941.56 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ridge Oak Basking Ridge, NJ


1500 sqft3900 sqft
Ø selling price$457,774$973,810
Ø fast selling$416,159$876,429
Ø high price sale$499,390$1,071,191

In 2026, houses in Ridge Oak Basking Ridge, NJ will be offered at an average price of $263 per square foot. A 1,500 sqft home priced at $457,774 is 22.06% more expensive per square foot than a 3,900 sqft home priced at $973,810. Home prices in Ridge Oak Basking Ridge, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $674,177. Sellers who can wait longer may achieve a higher price of up to $823,993.

FAQ – Home Values in Ridge Oak Basking Ridge

What is the median home value in Ridge Oak Basking Ridge in 2026?

In 2026, the typical home value in Ridge Oak Basking Ridge is about $514,424 for an average home size of 1882 square feet. This corresponds to an average price of roughly $263 per square foot.

What is the average cost per square foot in Ridge Oak Basking Ridge?

In 2026, homes in Ridge Oak Basking Ridge sell for an average of around $263 per square foot, with a typical range between $249.85 and $276.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Ridge Oak?

The average home size in Ridge Oak Basking Ridge is about 1882 square feet, with an estimated 2026 value around $514,424.



Neighborhoods close to Ridge Oak Basking Ridge, NJ

Pluckemin Bedminster, NJ259 $ / ft²
Peppertown Berkeley Heights, NJ262 $ / ft²
Rolling Hill Chatham, NJ407 $ / ft²
Northside Summit, NJ424 $ / ft²
Brass Castle Washington, NJ200 $ / ft²
Succasunna Hills Succasunna, NJ255 $ / ft²
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