House Prices

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


Average Data

average house price$532,126
average size per house1947 ft²
average price per ft²272 $ / ft²

04/04/2026 - The value range (VR) for house prices in Spring Ridge Basking Ridge, NJ is $258.4/ sqft to $285.6/ sqft. An average home with 1947 sqft costs approximately $499,080 to $551,615. 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 $272. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Spring Ridge Basking Ridge

07920271 $ / ft²




Historical development of home values in Spring Ridge Basking Ridge

Year Estimated value (USD) Change vs. 2025
2010 $247,129 -53.6%
2011 $237,572 -55.4%
2012 $236,933 -55.5%
2013 $245,789 -53.8%
2014 $258,010 -51.5%
2015 $271,252 -49.0%
2016 $285,408 -46.4%
2017 $300,813 -43.5%
2018 $317,443 -40.3%
2019 $332,163 -37.6%
2020 $349,334 -34.4%
2021 $397,330 -25.3%
2022 $463,197 -13.0%
2023 $488,463 -8.2%
2024 $516,721 -2.9%
2025 $532,126 0.0%

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



Example: 100% financing house in Spring Ridge Basking Ridge

Loan amount: $532,126

Interest rate: 5.95%

Fixed monthly payment: $3,173.96

Breakdown in the 1st month:
Interest portion: $2,639.34  –  Principal portion: $534.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $31,494.20 $6,593.33 $525,532.67
2 $31,090.88 $6,996.65 $518,536.01
3 $30,662.89 $7,424.65 $511,111.37
4 $30,208.72 $7,878.82 $503,232.55
5 $29,726.76 $8,360.77 $494,871.78
6 $29,215.33 $8,872.21 $485,999.57
7 $28,672.61 $9,414.93 $476,584.64
8 $28,096.69 $9,990.85 $466,593.79
9 $27,485.54 $10,602.00 $455,991.80
10 $26,837.01 $11,250.53 $444,741.27
11 $26,148.80 $11,938.73 $432,802.54
12 $25,418.50 $12,669.04 $420,133.50
13 $24,643.52 $13,444.01 $406,689.49
14 $23,821.14 $14,266.39 $392,423.10
15 $22,948.46 $15,139.08 $377,284.02
16 $22,022.39 $16,065.15 $361,218.87
17 $21,039.67 $17,047.87 $344,171.00
18 $19,996.83 $18,090.70 $326,080.30
19 $18,890.21 $19,197.33 $306,882.97
20 $17,715.89 $20,371.64 $286,511.33
21 $16,469.74 $21,617.79 $264,893.53
22 $15,147.36 $22,940.17 $241,953.36
23 $13,744.09 $24,343.44 $217,609.92
24 $12,254.98 $25,832.55 $191,777.37
25 $10,674.79 $27,412.75 $164,364.62
26 $8,997.92 $29,089.61 $135,275.01
27 $7,218.49 $30,869.05 $104,405.96
28 $5,330.20 $32,757.33 $71,648.62
29 $3,326.41 $34,761.13 $36,887.50
30 $1,200.04 $36,887.50 $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 Spring Ridge Basking Ridge, NJ


1500 sqft3900 sqft
Ø selling price$489,731$1,041,791
Ø fast selling$445,210$937,612
Ø high price sale$534,252$1,145,970

In 2026, houses in Spring Ridge Basking Ridge, NJ will be offered at an average price of $272 per square foot. A 1,500 sqft home priced at $489,731 is 22.82% more expensive per square foot than a 3,900 sqft home priced at $1,041,791. Home prices in Spring Ridge 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 $721,240. Sellers who can wait longer may achieve a higher price of up to $881,516.


Spring Ridge Neighborhood in Basking Ridge, NJ

Spring Ridge in Basking Ridge, NJ is a popular condominium and townhome neighborhood known for its tree-lined streets and low-maintenance living.
Set within Bernards Township, this community appeals to buyers seeking a suburban lifestyle with quick access to shopping, parks, and major highways.

Location & Lifestyle

Residents enjoy a tranquil setting with sidewalks, mature landscaping, and pocket green spaces that encourage walking and neighborly connections.
Homes in Spring Ridge typically feature open living areas, private balconies or patios, and assigned parking, creating an easy, lock-and-leave lifestyle.

Amenities & Outdoor Recreation

Neighborhood amenities often include a clubhouse, outdoor pool, tennis and pickleball courts, and playgrounds that add value for both individuals and families.
Nearby destinations like Pleasant Valley Park, the Great Swamp National Wildlife Refuge, and Lord Stirling Park provide miles of trails and year-round recreation.

Commuting & Convenience

For commuters, Spring Ridge Basking Ridge NJ offers swift access to I-78 and I-287, plus NJ Transit service at the Basking Ridge and Lyons stations.
Everyday conveniences include local grocery options, restaurants, and fitness centers, while Bridgewater Commons and the Morristown area expand shopping and dining choices.

Schools & Real Estate

The neighborhood is served by highly rated Bernards Township schools, a key driver of demand and long-term value.
Prospective buyers searching for condos for sale in Spring Ridge will find a range of floor plans and price points that make the community an attractive Somerset County option.



FAQ – Home Values in Spring Ridge Basking Ridge

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

In 2026, the typical home value in Spring Ridge Basking Ridge is about $532,126 for an average home size of 1947 square feet. This corresponds to an average price of roughly $272 per square foot.

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

In 2026, homes in Spring Ridge Basking Ridge sell for an average of around $272 per square foot, with a typical range between $258.4 and $285.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Spring Ridge?

The average home size in Spring Ridge Basking Ridge is about 1947 square feet, with an estimated 2026 value around $532,126.



Neighborhoods close to Spring Ridge 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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