For Sale40d on market
3702 Balsam Way
Basking Ridge, NJ, 07920 • 07920 • Somerset County
$196,805
$206/sqft
Down payment assistance available
3Beds
1Baths
957Sqft
1993Built
Property DNA
The Cedars At Basking Ridge
07920
Private Pool
Outdoor Pool · Association
This home is getting attention
Listed 40 days ago · 7,434 views · 295 saves
Market activity
Demand and pricing signals for this listing
7,434 views
People checking out this listing
295 saves
Buyers have saved this home
40 days on market
Established listing
$206/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 44% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1993
This unit is part of NJ Affordable Housing (Mt. Laurel) program, all requirements must be met. Please see attached list of requirements in order to be considered a qualified buyer. Located in The Cedars at Basking Ridge for qualified New Jersey affordable housing/low-income buyers. Please note that CJHRC needs to income qualify the household prior to signing a contract of sale. Please note that CJHRC needs to income qualify the household prior to signing a contract of sale. Amazing three-bedroom condominium located on the first floor, offering privacy and beautiful views. This home has been recently updated and is move-in ready! Enjoy resort-style living with access to The Cedars Association amenities, including Playground, Pool, Tennis courts, Biking & jogging paths. Don't miss this opportunity to enjoy comfort, convenience, and community living all in one place.
Standout features identified
Our analysis highlights tennis courts, move-in ready, and recently updated as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,713/month
Principal & Interest$1,021
Property Tax$197
Insurance$66
HOA$429
Down payment20% ($39,361)
3%50%
Est. 6.75% rate · 30yr fixed · $157,444 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1993
Heating1 Unit, Natural Gas
Cooling1 Unit
Parking1 Car Width, Parking Lot-Shared
HOA$429 monthly
Days on Zillow40 Days
Price/sqft$206
Property
Home typeCondo
Sub-typeCondominium
Year built1993
Stories1
Systems
Heating1 Unit, Natural Gas
Cooling1 Unit
RoofAsphalt Shingle
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking1 Car Width, Parking Lot-Shared
BasementNone
Lot0
Location & Tax
Neighborhood07920
Annual tax$3,260
Parcel020900100000003704CONDO
Bathrooms & Fees
Full baths1
HOA$429/mo
Features & details
10 categories of property features
Interior Features
Appliances
Carbon Monoxide Detector
Microwave
Range/Oven-Gas
Electric Water Heater
Flooring
Laminate
Heating
1 Unit
Natural Gas
Cooling
1 Unit
Exterior Features
Parking
1 Car Width
Parking Lot-Shared
Construction
Wood Siding
Community
Clubhouse
Jogging/Biking Path
Playground
Tennis Court(s)
Security
Carbon Monoxide Detector
Pool Features
Outdoor Pool
Association
Utilities
Underground Utilities
Room details
5 rooms detailed
Bedroom1
FirstBedroom3
FirstDining Room
FirstLiving/Dining Combo
Kitchen
FirstGalley Type
Living Room
FirstListing insights
Market data and value estimates
StatusFor Sale
Days on market40
Tax rate1.91%
Price/sqft$206
On marketFeb 28, 2026
PostedFeb 28, 2026
Last sold$107,293
MLS statusActive
MLS updatedMar 2, 2026
Tour days9
Views7,434
Favorites295
How are the schools in Basking Ridge?
3 schools rated nearby
Location
Basking Ridge, NJ, 07920
Price history
3 events
DateEventPrice$/sqftSource
Feb 28, 2026Listed For Sale$196,805$206GSMLS
Jul 30, 2004Sold$107,293$112Public Record
Aug 13, 1998Sold$82,088$86Public Record
Listed For Sale$196,805
Feb 28, 2026•$206/sqft•GSMLS
Sold$107,293
Jul 30, 2004•$112/sqft•Public Record
Sold$82,088
Aug 13, 1998•$86/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2025$3,327$187,000
Apr 10, 2024$3,261$183,300
Apr 10, 2023$3,280$173,900
Apr 10, 2022$3,203$157,000
Apr 10, 2021—$151,792
Apr 10, 2020$2,740$142,500
Apr 10, 2019$2,578$134,700
Apr 10, 2018$2,578$134,700
Apr 10, 2017$1,874$134,700
Apr 10, 2016$2,581$134,700
Apr 10, 2015$2,605$134,700
Apr 10, 2014$2,539$134,700
Apr 10, 2013$2,523$130,000
Apr 10, 2012$2,462$130,000
Apr 10, 2011$2,347$130,800
Apr 10, 2010$2,078$128,400
Apr 10, 2009$1,810$124,000
Apr 10, 2008—$115,900
Apr 10, 2007—$115,900
Apr 10, 2006—$111,500
Apr 10, 2005—$107,200
Apr 10, 2004$1,637$96,300
Apr 10, 2003—$96,300
Apr 10, 2002—$89,000
Apr 10, 2001—$81,800
Nearby homes
Neighborhood details
Local context around this listing
Basking Ridge, NJ • Somerset County
Nearby cities
Basking RidgeBridgewater TownshipDoverHackettstownHillsborough TownshipMorristownParsippanyPrinceton
Nearby zip codes
079200793907946
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