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 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. Please make sure buyers are pre-approved with a deed-restricted lender, see attached doc, before filing the attached application for affordable housing.
Single-familyProperty Type
1991Year Built
401 sq ftLot Size
$199Price/Sq.Ft.
$429/moHOA Dues
1 spaceParking
Listed by MELISA TAKACS• MILLENNIUM INTERSTATE REALTY,
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 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. Please make sure buyers are pre-approved with a deed-restricted lender, see attached doc, before filing the attached application for affordable housing.
CJMLS #2702808R
Sep 27, 2026
Contingent
—
Aug 14, 2026
Listed
$190,702
$199/sq ft
Public Records
Sep 22, 1998
Sold
$72,998
$76/sq ft
Public Records
Apr 15, 1994
Sold
$61,380
$64/sq ft
Public Records
Jan 7, 1991
Sold
$491,162
$513/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,040 (−2.9%)
$24,900 + $158,000
$182,900
2024
$3,131 (−0.6%)
$24,900 + $155,200
$180,100
2023
$3,150 (+4.4%)
$24,900 + $151,100
$176,000
2022
$3,017 (−1.9%)
$24,900 + $142,100
$167,000
2021
$3,076 (+7.3%)
$24,900 + $125,100
$150,000
2020
$2,867 (+9.0%)
$24,900 + $120,859
$145,759
2019
$2,630 (+1.4%)
$24,900 + $112,000
$136,900
2018
$2,592 (+0.8%)
$24,900 + $104,400
$129,300
2017
$2,572 (+2.0%)
$24,900 + $104,400
$129,300
2016
$2,522 (+0.9%)
$24,900 + $104,400
$129,300
2014
$2,500 (+0.3%)
$24,900 + $104,400
$129,300
2013
$2,492 (+5.4%)
$24,900 + $104,400
$129,300
2011
$2,364 (+4.9%)
$24,900 + $102,700
$127,600
2010
$2,254 (+21.9%)
$24,900 + $100,700
$125,600
2009
$1,849
$24,900 + $98,400
$123,300
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
957
Unfinished Sq. Ft.
—
Total Sq. Ft.
957
Year built
1991
Style
Condo/Co-op
County
Somerset County
APN
0209001 00039 04 CONDO
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.
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)
35
19
39
22
57
34
65
42
72
51
83
61
88
66
82
59
79
57
68
44
55
35
40
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Basking Ridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3905 Balsam Way
$190,063
$639 under list price of $191K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $197K to $485K.