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NJ area data

Basking ridge, NJ

Basking ridge, NJ.

Population: 28,753 (Census ACS)

Home values & appreciation

Median home value
$945,658
1-year appreciation
+4.7%
3-year appreciation
+22.3%
5-year appreciation
+39.4%
10-year appreciation
+51.1%
All-time peak (2026-07)
$945,658
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$917,500
Median list price
$1.20M
Median days on market
17 days
Sale-to-list ratio
103.6%
Active listings
24
1-year forecast
+2.7%
Days to pending
27 days
New listings (monthly)
38

Rents

Typical rent
$3,671/mo
1BR fair-market rent
$1,731/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
4
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
iceStorm, inlandFlooding, lightning, strongWind, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
51.0 in

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
26
Nearest national park
Morristown National Historical Park (6 mi)
Nearest airport
Somerset Airport (7 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (11 mi)
Hospitals nearby (~15 mi)
16
Avg hospital rating
3.2 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-622 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$10,001
Mean commute to work
23 min
Households with broadband internet
91.4%

Employment & development

Total county employment
175,080
Average weekly wage
$2,009
Top industries (by employment)
Professional Services, Health Care, Administrative Services
Annual residential building permits (county)
248

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents