Residential Income

Basking Ridge, NJ Residential Income Properties for Sale

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Renovated Duplex
Updated: Aug 27
Renovated Duplex

61 Church Street, Basking Ridge, NJ 07920

$649,900
Two‑family property with two residential units
Renovated after a full gut renovation
Full basement
Full unfinished attic
On‑site parking
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1 active listing matches your search: Residential Income for sale in Basking Ridge, NJ. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Detached Garage
Duplex with Detached Garage

120 MOUNTAIN AVE, Somerville, NJ 08876

$649,900
2,119 sqft 0.25 AC lot

Two apartments offer distinct layouts, updated baths, and separate laundry hookups in the basement.

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Duplex with Detached Brick Building
Duplex with Detached Brick Building

1 Olcott Ave, Bernardsville, NJ 07924

$950,000
0.38 AC lot

A second structure has former dental-office rooms, attic storage, and an attached garage.

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Duplex with Wraparound Porch
Duplex with Wraparound Porch

185 W Cliff St, Somerville, NJ 08876

$649,000
0.20 AC lot

Two residences have distinct floor plans, off-street parking, and a renovated upper-level apartment.

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Mixed-Use Property with Office Building
Mixed-Use Property with Office Building

1 Olcott Ave 1, Bernardsville, NJ 07924

$950,000

Two residential units are paired with a separate professional building and an attached garage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Residential Home Lot
Wooded Residential Home Lot

29 Elm Ave, Warren, NJ 07059

$399,000
7.31 AC lot

7+ acres of wooded land with an established building envelope for one single-family home.

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Shovel-Ready Residential Building Lot
Shovel-Ready Residential Building Lot

5 2Nd St, Warren, NJ 07059

$675,900
1.54 AC lot

Cleared 1.54-acre parcel with public water and sewer, ready to support a single-family custom home build.

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Scenic Bernardsville Mountain Lot
Scenic Bernardsville Mountain Lot

3 Rose Hill, Bernardsville, NJ 07924

$1,100,000
10.03 AC lot

Residential land for sale in Bernardsville Boro, New Jersey.

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Residential Land in Bridgewater Township
Residential Land in Bridgewater Township

1930 Mountain Top Road, Bridgewater, NJ 08807

$1,250,000
1.12 AC lot

1.12 acre residential lot for custom build in Bridgewater.

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Off-Market Properties in Basking Ridge, NJ

Consider similar Off-Market properties in Basking Ridge, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

King George Rd
APARTMENT HOUSE (UNDER 5 UNITS)

King George Rd, Basking Ridge, NJ 07920

Estimated value:
$325,000
4.84 AC lot
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Basking Ridge, NJ Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Basking Ridge, NJ on our real estate platform.

Sale prices for residential investment properties in Basking Ridge, NJ average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 29K
Population Growth (5Y) +42.2%
Median Household Income $184,630
College Educated 70.2%

Taxes & Financing

Tax Rate (average for all types) 2.00%
Property Tax per SF $29.49 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Somerset County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Basking Ridge fall within the 25,000 to 50,000 square foot range.

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