For sale

$190,702

3905 Balsam Way, Basking Ridge, NJ 07920

3beds

957sqft

$1,348/mo

Get pre-qualified

Condominium

Built in 1991

-- sqft lot

$253,200 Zestimate^®

$199/sqft

$-- HOA

What's special

Water heaterKitchen with extended cabinetsBonus storage room downstairs

Beautifully Redone Low Income 3 Bedroom Condo with updates such as Furnace, AC, Kitchen with extended cabinets, Water heater, bathroom, electrical panel, flooring, and a bonus storage room downstairs. This is a first floor condo with no stairs. Stunning views from the balcony. Water filter system negotiable. Seller needs to find a place to go. Buyers must meet low income requirements and be approved as a part of NJ affordable housing. Income limits: 2 people $61,950, 3 people $69,700, 4 people $77,400, 5 people $83,600, and 6 people $89,800.

2 hours

104

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Dining room

Features: Living Dining Combo

Kitchen

Features: Galley Type

Basement

Area: 0

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Gas Range/Oven, Refrigerator, Washer, Electric Water Heater

Features

Blinds, Entrance Foyer, 3 Bedrooms, Kitchen, Living Room, Bath Full, Dining Room, None
Flooring: Ceramic Tile
Windows: Blinds
Has basement: No
Has fireplace: No

Interior area

Total structure area: 957
Total interior livable area: 957 sqft

Property

Parking

Parking features: None, Open
Has uncovered spaces: Yes
Details: Oversized Vehicles Restricted

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Deck
Pool features: Outdoor Pool

Lot

Size: 400 Square Feet
Features: Cul-De-Sac

Details

Parcel number: 020900100000003904CONDO
Zoning: R5

Construction

Type & style

Home type: Condo
Architectural style: Garden Apartment Style
Property subtype: Condominium

Materials

Roof: Asphalt

Condition

Year built: 1991

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Features: Clubhouse, Outdoor Pool, Playground, Tennis Court(s)

HOA

Has HOA: Yes
Services included: Common Area Maintenance, Insurance, Snow Removal, Trash, Maintenance Grounds
Additional fee info: Maintenance Expense: $429 Monthly

Location

Region: Basking Ridge

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $180,100
Annual tax amount: $3,040
Date on market: 8/15/2026
Ownership: Condominium

Estimated market value

$253,200

$230,000 - $276,000

$2,557/mo

Price history

Date	Event	Price
8/15/2026	Listed for sale	$190,702+141.9%$199/sqft
Source: All Jersey MLS #2702808R Report a problem
2/19/1998	Sold	$78,825$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,204 +2.3%	$180,100 +2.3%
2024	$3,131 -0.6%	$176,000 +5.4%
2023	$3,150 +2.4%	$167,000 +11.3%
2022	$3,076	$150,000 +2.9%
2021	--	$145,759 +6.5%
2020	$2,630 +8.9%	$136,900 +5.9%
2019	$2,415	$129,300
2018	$2,415 +268.6%	$129,300
2017	$655 -73.6%	$129,300
2016	$2,477 -0.9%	$129,300
2015	$2,501 +0.3%	$129,300
2014	$2,492 +0.6%	$129,300 +1.3%
2013	$2,477 +4.8%	$127,600
2012	$2,364 +4.9%	$127,600 +1.6%
2011	$2,254 +12.9%	$125,600 +1.9%
2010	$1,996 +10.3%	$123,300 +3.5%
2009	$1,810	$119,100 +2.8%
2007	--	$115,900 +3.9%
2006	--	$111,500 +4%
2005	--	$107,200 +11.3%
2004	$1,637	$96,300
2003	--	$96,300 +8.2%
2002	--	$89,000 +9.1%
2001	--	$81,600