Google street view image for 3508 Balsam Way, Basking Ridge, NJ 07920

Off market feb 2026 for $176K

$212,713

Est. refi paymentEst. refi $1,228/mo

—

•

— ba

•

691

sq ft

3508 Balsam Way, Basking Ridge, NJ 07920

About this home

3508 Balsam Way is a 691 square foot condo. - it last sold on February 25, 2026 for $176,000. Based on Redfin's Basking Ridge data, we estimate the home's value is $212,713.

CondoProperty Type

1992Year Built

$308Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$212,713

$37K since sold in February 2026$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.1% lower than the average sale price ($355K) of 6 comparable homes.

SOLD AUG 24, 2026
$485,000
A
2 beds1.5 baths— sq ft
2902 Hemlock Pl, Basking Ridge, NJ 07920-3140
SOLD MAY 4, 2026
$196,805
B
3 beds1 bath— sq ft
3702 Balsam Way, Basking Ridge, NJ 07920
SOLD JUL 8, 2026
50 Potomac Dr, Basking Ridge, NJ 07920-3191
$395,000
C
2 beds1 bath— sq ft
50 Potomac Dr, Basking Ridge, NJ 07920-3191
SOLD MAY 28, 2026
$380,000
D
1 bed1 bath— sq ft
164 Potomac Dr, Basking Ridge, NJ 07920-3195
SOLD AUG 27, 2026
2501 Privet Way, Basking Ridge, NJ 07920-3136
$515,000
E
2 beds2.5 baths— sq ft
2501 Privet Way, Basking Ridge, NJ 07920-3136
SOLD SEP 30, 2026
$160,000
F
Studio1 bath— sq ft
3804 Balsam Way, Basking Ridge, NJ 07920-3131

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Earn from this home

Sell

$58,673

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

OPEN SUN, 1PM TO 3PM
$880,000
3 beds2.5 baths— sq ft
251 Patriot Hill Dr, Basking Ridge, NJ 07920-4213
OPEN SUN, 1PM TO 4PM
$839,000
3 beds2.5 baths— sq ft
26 Mayflower Dr, Basking Ridge, NJ 07920-3803
OPEN TODAY, 1PM TO 3PM
$815,000
3 beds2.5 baths— sq ft
2 Charleston Ct, Basking Ridge, NJ 07920-3813
OPEN SUN, 1PM TO 3:30PM
$450,000
2 beds2 baths— sq ft
286 Potomac Dr, Basking Ridge, NJ 07920-3164
OPEN TODAY, 1PM TO 3PM
$669,000
3 beds2.5 baths— sq ft
167 N Finley Ave, Basking Ridge, NJ 07920-1632
$749,000
3 beds1.5 baths— sq ft
305 S Maple Ave, Basking Ridge, NJ 07920-1316
$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, 1PM TO 4PM
$1,400,000
3 beds3.5 baths3,195 sq ft
22 Benedict Cres, Basking Ridge, NJ 07920-4916
See all

Provided by Redfin

Sale history for 3508 Balsam Way

Year

Property tax

Land + Additions

Assessment*

2025

$2,768 (−2.7%)

$24,900 + $145,600

$170,500

2024

$2,846 (−3.3%)

$24,900 + $139,100

$164,000

2023

$2,942 (+4.5%)

$24,900 + $135,100

$160,000

2022

$2,815 (+1.9%)

$24,900 + $131,100

$156,000

2021

$2,764 (+7.2%)

$24,900 + $115,100

$140,000

2020

$2,578 (+8.0%)

$24,900 + $106,100

$131,000

2019

$2,386 (+1.4%)

$24,900 + $98,200

$123,100

2018

$2,352 (+0.8%)

$24,900 + $92,400

$117,300

2017

$2,333 (+2.0%)

$24,900 + $92,400

$117,300

2016

$2,288 (+0.9%)

$24,900 + $92,400

$117,300

2014

$2,268 (−1.0%)

$24,900 + $92,400

$117,300

2013

$2,291 (+7.1%)

$24,900 + $92,400

$117,300

2011

$2,140 (+4.1%)

$24,900 + $92,400

$117,300

2010

$2,057 (+26.8%)

$24,900 + $88,800

$113,700

2009

$1,622

$24,900 + $87,600

$112,500

Tax history for 3508 Balsam Way

Year

Property tax

Land + Additions

Assessment*

2025

$2,768 (−2.7%)

$24,900 + $145,600

$170,500

2024

$2,846 (−3.3%)

$24,900 + $139,100

$164,000

2023

$2,942 (+4.5%)

$24,900 + $135,100

$160,000

2022

$2,815 (+1.9%)

$24,900 + $131,100

$156,000

2021

$2,764 (+7.2%)

$24,900 + $115,100

$140,000

2020

$2,578 (+8.0%)

$24,900 + $106,100

$131,000

2019

$2,386 (+1.4%)

$24,900 + $98,200

$123,100

2018

$2,352 (+0.8%)

$24,900 + $92,400

$117,300

2017

$2,333 (+2.0%)

$24,900 + $92,400

$117,300

2016

$2,288 (+0.9%)

$24,900 + $92,400

$117,300

2014

$2,268 (−1.0%)

$24,900 + $92,400

$117,300

2013

$2,291 (+7.1%)

$24,900 + $92,400

$117,300

2011

$2,140 (+4.1%)

$24,900 + $92,400

$117,300

2010

$2,057 (+26.8%)

$24,900 + $88,800

$113,700

2009

$1,622

$24,900 + $87,600

$112,500

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

Property details

Exterior

Property Information
Subdivision Name: CEDARS
Living Sq. Ft: 691
Legal Description: THE CEDARS UNIT 3507

Lot Information
# of Buildings: 1
Land Sq. Ft: 298
Legal Lot Number: 35.07
Legal Block Number: 9001
Acres: 0.0068
Zoning Code: R5
State Use Description: RESIDENTIAL

Financial

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

Public facts

Beds: —
Baths: —
Sq. Ft.: 691
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1992
Year Renovated: —
County: Somerset County
APN: 0209001 00035 07 CONDO

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

Liberty Corner Elementary School

Public K-5 • Assigned • 1.7mi

9/10

William Annin Middle School

Public 6-8 • Assigned • 1.8mi

9/10

Ridge High School

Public 9-12 • Assigned • 2.5mi

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 101° 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 8.7 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$203,000 – $245,000

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OPEN TODAY, 1PM TO 3PM

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OPEN SUN, 1PM TO 3:30PM

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2 beds2 baths— sq ft

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OPEN TODAY, 1PM TO 3PM

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3 beds2.5 baths— sq ft

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6 beds5.5 baths— sq ft

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4 beds2.5 baths— sq ft

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Home values near 3508 Balsam Way

Data from public records.

Address	Redfin Estimate
3506 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 691 Sq. Ft.	$229,961
3505 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 691 Sq. Ft.	$216,072

Address	Redfin Estimate
3503 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 887 Sq. Ft.	$233,179
3502 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 819 Sq. Ft.	$212,758

Address	Redfin Estimate
3511 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 819 Sq. Ft.	$229,600
3507 Balsam Way, Basking Ridge, NJ - Beds \| - Baths \| 613 Sq. Ft.	$198,769

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 07920, NJ

Sale history for 3508 Balsam Way

Tax history for 3508 Balsam Way

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07920-4213

Home values near 3508 Balsam Way

More real estate resources