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
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 Jul 6, 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
89
68
83
61
78
56
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
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
$195,684
$4,982 over list price of $191K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $310K to $479K.