Google street view image for 245 Lake Rd, Basking Ridge, NJ 07920

Off market jul 2005 for $796K

$1,100,538

Est. refi paymentEst. refi $5,295/mo

—

•

— ba

•

2,404

sq ft

245 Lake Rd, Basking Ridge, NJ 07920

About this home

245 Lake Rd is a 2,404 square foot house on a 1.44 acre lot. - it last sold on July 11, 2005 for $796,000. Based on Redfin's Basking Ridge data, we estimate the home's value is $1,100,538.

Single-familyProperty Type

1968Year Built

1.44 acresLot Size

$458Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,100,538

$305K since sold in July 2005$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.3% lower than the average sale price ($1.30M) of 6 comparable homes.

SOLD AUG 31, 2026
$1,525,000
A
4 beds3.5 baths— sq ft
30 Autumn Dr, Basking Ridge, NJ 07920-2114
SOLD SEP 2, 2026
112 Victoria Dr, Basking Ridge, NJ 07920-2534
$1,600,000
B
5 beds2.5 baths— sq ft
112 Victoria Dr, Basking Ridge, NJ 07920-2534
SOLD AUG 27, 2026
80 Juniper Way, Basking Ridge, NJ 07920
$1,289,000
C
3 beds2.5 baths— sq ft
80 Juniper Way, Basking Ridge, NJ 07920
SOLD JUN 22, 2026
24 Wharton Way, Basking Ridge, NJ 07920-2227
$1,416,368
D
5 beds3 baths— sq ft
24 Wharton Way, Basking Ridge, NJ 07920-2227
SOLD JUN 23, 2026
52 Galloping Hill Rd, Basking Ridge, NJ 07920-2116
$1,050,000
E
4 beds2.5 baths— sq ft
52 Galloping Hill Rd, Basking Ridge, NJ 07920-2116
SOLD MAR 10, 2026
247 Lyons Rd, Basking Ridge, NJ 07920-2215
$920,000
F
4 beds3 baths— sq ft
247 Lyons Rd, Basking Ridge, NJ 07920-2215

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Earn from this home

Sell

$769,282

Est. take-home

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Refinance

Est. cash available

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Market trends in 07920, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.6%

1.4% MoM

Median sale price

$900K

$3K MoM

Avg. days on market

21d

5 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 12 HRS AGO
$749,000
3 beds1.5 baths— sq ft
305 S Maple Ave, Basking Ridge, NJ 07920-1316
NEW 26 HRS AGO
$2,250,000
6 beds5.5 baths— sq ft
14 Paddock Ct, Basking Ridge, NJ 07920-2232
$1,290,000
4 beds2.5 baths— sq ft
8 Stacy Ln, Basking Ridge, NJ 07920-2025
$750,000
4 beds2.5 baths— sq ft
236 Lurline Dr, Basking Ridge, NJ 07920-2624
OPEN TUE, 12PM TO 2PM
$1,400,000
3 beds3.5 baths3,195 sq ft
22 Benedict Cres, Basking Ridge, NJ 07920-4916
$419,000
2 beds2 baths1,181 sq ft
329 Penns Way, Basking Ridge, NJ 07920-3037
3D WALKTHROUGH
$415,000
2 beds1 bath— sq ft
132 Jamestown Rd, Basking Ridge, NJ 07920-3050
EARLY ACCESS
$2,190,000
5 beds6 baths5,578 sq ft
33 Carriage Way, Basking Ridge, NJ 07920
$875,000
2 beds3 baths— sq ft
7 Dexter Dr N, Basking Ridge, NJ 07920-1540
COMING SOON
$669,000
3 beds2.5 baths— sq ft
167 N Finley Ave, Basking Ridge, NJ 07920-1632
See all

Provided by Redfin

Sale history for 245 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$14,667 (+8.0%)

$416,900 + $510,600

$927,500

2024

$13,581 (+1.3%)

$416,900 + $452,000

$868,900

2023

$13,402 (+0.2%)

$388,400 + $375,000

$763,400

2022

$13,375 (+3.2%)

$388,400 + $322,200

$710,600

2021

$12,955 (+5.7%)

$388,400 + $276,700

$665,100

2020

$12,254 (+2.5%)

$369,400 + $244,600

$614,000

2019

$11,958 (+1.4%)

$364,000 + $221,200

$585,200

2018

$11,787 (+0.9%)

$364,000 + $223,900

$587,900

2017

$11,679 (−2.1%)

$364,000 + $223,900

$587,900

2016

$11,926 (+0.2%)

$364,000 + $223,200

$587,200

2014

$11,903 (+1.4%)

$375,700 + $258,800

$634,500

2013

$11,741 (+3.4%)

$375,700 + $239,800

$615,500

2011

$11,360 (+1.6%)

$373,500 + $227,400

$600,900

2010

$11,180 (−2.7%)

$373,500 + $230,100

$603,600

2009

$11,494

$373,200 + $238,400

$611,600

Tax history for 245 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$14,667 (+8.0%)

$416,900 + $510,600

$927,500

2024

$13,581 (+1.3%)

$416,900 + $452,000

$868,900

2023

$13,402 (+0.2%)

$388,400 + $375,000

$763,400

2022

$13,375 (+3.2%)

$388,400 + $322,200

$710,600

2021

$12,955 (+5.7%)

$388,400 + $276,700

$665,100

2020

$12,254 (+2.5%)

$369,400 + $244,600

$614,000

2019

$11,958 (+1.4%)

$364,000 + $221,200

$585,200

2018

$11,787 (+0.9%)

$364,000 + $223,900

$587,900

2017

$11,679 (−2.1%)

$364,000 + $223,900

$587,900

2016

$11,926 (+0.2%)

$364,000 + $223,200

$587,200

2014

$11,903 (+1.4%)

$375,700 + $258,800

$634,500

2013

$11,741 (+3.4%)

$375,700 + $239,800

$615,500

2011

$11,360 (+1.6%)

$373,500 + $227,400

$600,900

2010

$11,180 (−2.7%)

$373,500 + $230,100

$603,600

2009

$11,494

$373,200 + $238,400

$611,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Building Style Type: Ranch
Construction Type: Frame
Exterior Wall: Frame

Property Information
Living Sq. Ft: 2,404
# of Stories: 1

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 62,726
Legal Lot Number: 18
Legal Block Number: 2502
Acres: 1.44
Zoning Code: R4
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: BERNARDS TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,404
Stories: 1.0
Lot Size: 1.44 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: Somerset County
APN: 0202502 00018

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

Oak Street Elementary School

Public K-5 • Assigned • 1.4mi

8/10

William Annin Middle School

Public 6-8 • Assigned • 0.5mi

9/10

Ridge High School

Public 9-12 • Assigned • 1.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Basking Ridge, NJ • 07920

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.05M – $1.27M

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Nearby similar homes

NEW 26 HRS AGO

$2,250,000

6 beds5.5 baths— sq ft

14 Paddock Ct, Basking Ridge, NJ 07920-2232

$750,000

4 beds2.5 baths— sq ft

236 Lurline Dr, Basking Ridge, NJ 07920-2624

$875,000

3 beds2 baths— sq ft

129 W Oak St, Basking Ridge, NJ 07920-1744

$555,000

2 beds2.5 baths— sq ft

10 Village Dr, Basking Ridge, NJ 07920-1339

$1,100,000

5 beds2 baths— sq ft

67 Queen Anne Dr, Basking Ridge, NJ 07920-2317

$1,299,000

4 beds2.5 baths— sq ft

57 Bullion Rd, Basking Ridge, NJ 07920-2420

New listings for sale in 07920-1316

NEW 12 HRS AGO

$749,000

3 beds1.5 baths— sq ft

305 S Maple Ave, Basking Ridge, NJ 07920-1316

NEW 26 HRS AGO

$2,250,000

6 beds5.5 baths— sq ft

14 Paddock Ct, Basking Ridge, NJ 07920-2232

$1,290,000

4 beds2.5 baths— sq ft

8 Stacy Ln, Basking Ridge, NJ 07920-2025

$750,000

4 beds2.5 baths— sq ft

236 Lurline Dr, Basking Ridge, NJ 07920-2624

OPEN TUE, 12PM TO 2PM

$1,400,000

3 beds3.5 baths3,195 sq ft

22 Benedict Cres, Basking Ridge, NJ 07920-4916

$419,000

2 beds2 baths1,181 sq ft

329 Penns Way, Basking Ridge, NJ 07920-3037

3D WALKTHROUGH

$415,000

2 beds1 bath— sq ft

132 Jamestown Rd, Basking Ridge, NJ 07920-3050

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$2,190,000

5 beds6 baths5,578 sq ft

33 Carriage Way, Basking Ridge, NJ 07920

$875,000

2 beds3 baths— sq ft

7 Dexter Dr N, Basking Ridge, NJ 07920-1540

Home values near 245 Lake Rd

Data from public records.

Address	Redfin Estimate
256 Lake Rd, Basking Ridge, NJ - Beds \| - Baths \| 2084 Sq. Ft.	$1,050,757
227 Lake Rd, Basking Ridge, NJ - Beds \| - Baths \| 3246 Sq. Ft.	$1,224,488

Address	Redfin Estimate
265 Lake Rd, Basking Ridge, NJ - Beds \| - Baths \| 5299 Sq. Ft.	$1,570,373
219 Lake Rd, Basking Ridge, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,345,254

Address	Redfin Estimate
237 Lake Rd, Basking Ridge, NJ - Beds \| - Baths \| 3703 Sq. Ft.	$1,101,060
281 Lake Rd, Basking Ridge, NJ - Beds \| - Baths \| 2417 Sq. Ft.	$1,034,802

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