Google street view image for 305 Lake Rd, Basking Ridge, NJ 07920

Off market nov 1994 for $230K

$852,285

Est. refi paymentEst. refi $1,654/mo

—

•

— ba

•

1,680

sq ft

305 Lake Rd, Basking Ridge, NJ 07920

About this home

305 Lake Rd is a 1,680 square foot house on a 1.15 acre lot. - it last sold on November 15, 1994 for $230,000. Based on Redfin's Basking Ridge data, we estimate the home's value is $852,285.

Single-familyProperty Type

1959Year Built

1.15 acresLot Size

$507Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$852,285

$622K since sold in November 1994$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.8% lower than the average sale price ($924K) of 6 comparable homes.

SOLD AUG 25, 2026
$875,000
A
4 beds2 baths— sq ft
9 Lexington Rd, Basking Ridge, NJ 07920-2309
SOLD JUN 23, 2026
52 Galloping Hill Rd, Basking Ridge, NJ 07920-2116
$1,050,000
B
4 beds2.5 baths— sq ft
52 Galloping Hill Rd, Basking Ridge, NJ 07920-2116
SOLD AUG 31, 2026
$1,525,000
C
4 beds3.5 baths— sq ft
30 Autumn Dr, Basking Ridge, NJ 07920-2114
SOLD JUN 30, 2026
$715,000
D
3 beds2.5 baths— sq ft
156 Goltra Dr, Basking Ridge, NJ 07920-2450
SOLD JUL 14, 2026
132 Goltra Dr, Basking Ridge, NJ 07920-2449
$655,000
E
4 beds2 baths— sq ft
132 Goltra Dr, Basking Ridge, NJ 07920-2449
SOLD SEP 4, 2026
$724,500
F
3 beds1.5 baths1,952 sq ft
5 Crestview Dr, Bernardsville, NJ 07924

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Earn from this home

Sell

$801,279

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 17 HRS AGO
$749,000
3 beds1.5 baths— sq ft
305 S Maple Ave, Basking Ridge, NJ 07920-1316
NEW 31 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 TODAY, 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 305 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$12,329 (+5.8%)

$380,700 + $387,600

$768,300

2024

$11,652 (+0.4%)

$362,700 + $367,700

$730,400

2023

$11,601 (−0.7%)

$335,700 + $319,300

$655,000

2022

$11,682 (+6.5%)

$335,700 + $279,400

$615,100

2021

$10,970 (+5.1%)

$335,700 + $245,200

$580,900

2020

$10,441 (+2.0%)

$317,700 + $202,200

$519,900

2019

$10,233 (+4.2%)

$324,900 + $173,700

$498,600

2018

$9,816 (−2.5%)

$324,900 + $178,200

$503,100

2017

$10,072 (−0.3%)

$315,900 + $173,700

$489,600

2016

$10,100 (−0.2%)

$315,900 + $190,500

$506,400

2014

$10,124 (−3.7%)

$324,900 + $206,300

$531,200

2013

$10,511 (+6.1%)

$324,900 + $198,600

$523,500

2011

$9,905 (+1.2%)

$346,100 + $177,900

$524,000

2010

$9,791 (−3.1%)

$346,100 + $180,200

$526,300

2009

$10,108

$346,300 + $189,300

$535,600

Tax history for 305 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$12,329 (+5.8%)

$380,700 + $387,600

$768,300

2024

$11,652 (+0.4%)

$362,700 + $367,700

$730,400

2023

$11,601 (−0.7%)

$335,700 + $319,300

$655,000

2022

$11,682 (+6.5%)

$335,700 + $279,400

$615,100

2021

$10,970 (+5.1%)

$335,700 + $245,200

$580,900

2020

$10,441 (+2.0%)

$317,700 + $202,200

$519,900

2019

$10,233 (+4.2%)

$324,900 + $173,700

$498,600

2018

$9,816 (−2.5%)

$324,900 + $178,200

$503,100

2017

$10,072 (−0.3%)

$315,900 + $173,700

$489,600

2016

$10,100 (−0.2%)

$315,900 + $190,500

$506,400

2014

$10,124 (−3.7%)

$324,900 + $206,300

$531,200

2013

$10,511 (+6.1%)

$324,900 + $198,600

$523,500

2011

$9,905 (+1.2%)

$346,100 + $177,900

$524,000

2010

$9,791 (−3.1%)

$346,100 + $180,200

$526,300

2009

$10,108

$346,300 + $189,300

$535,600

*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: 1,680
# 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: 50,094
Legal Lot Number: 6
Legal Block Number: 2501
Acres: 1.15
Zoning Code: R4
State Use Description: RESIDENTIAL

Financial

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

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,680
Stories: 1.0
Lot Size: 1.15 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: —
County: Somerset County
APN: 0202501 00006

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

Liberty Corner Elementary School

Public K-5 • Assigned • 1.5mi

9/10

William Annin Middle School

Public 6-8 • Assigned • 0.5mi

9/10

Ridge High School

Public 9-12 • Assigned • 1.5mi

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

$810,000 – $981,000

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Nearby similar homes

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5 beds5.5 baths6,116 sq ft

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NEW 31 HRS AGO

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6 beds5.5 baths— sq ft

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10 Village Dr, Basking Ridge, NJ 07920-1339

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5 beds2 baths— sq ft

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

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4 beds2.5 baths— sq ft

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New listings for sale in 07920-1316

NEW 17 HRS AGO

$749,000

3 beds1.5 baths— sq ft

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

NEW 31 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 TODAY, 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 305 Lake Rd

Data from public records.

Address	Redfin Estimate
311 Lake Road, Basking Ridge, NJ - Beds \| - Baths \| 1056 Sq. Ft.	$686,859
299 Lake Road, Basking Ridge, NJ - Beds \| - Baths \| 1144 Sq. Ft.	$873,449

Address	Redfin Estimate
317 Lake Road, Basking Ridge, NJ - Beds \| - Baths \| 1584 Sq. Ft.	$815,309
281 Lake Road, Basking Ridge, NJ - Beds \| - Baths \| 2417 Sq. Ft.	$1,034,802

Address	Redfin Estimate
323 Lake Road, Basking Ridge, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$769,825
326 Lake Road, Basking Ridge, NJ 4 Beds \| 3.5 Baths \| - Sq. Ft.	$1,217,493

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