Google satellite image for 55 Commonwealth Dr, Basking Ridge, NJ 07920

Off market dec 1997 for $139K

$399,283

Est. refi paymentEst. refi $732/mo

—

•

— ba

•

1,000

sq ft

55 Commonwealth Dr, Basking Ridge, NJ 07920

About this home

55 Commonwealth Dr is a 1,000 square foot condo. - it last sold on December 12, 1997 for $139,900. Based on Redfin's Basking Ridge data, we estimate the home's value is $399,283.

CondoProperty Type

1987Year Built

$399Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$399,283

$259K since sold in December 1997$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.2% lower than the average sale price ($412K) of 6 comparable homes.

SOLD DEC 24, 2025
71 Alexandria Way, Basking Ridge, NJ 07920-2760
$350,000
A
1 bed1 bath— sq ft
71 Alexandria Way, Basking Ridge, NJ 07920-2760
SOLD SEP 1, 2026
$379,000
B
2 beds1 bath— sq ft
125 Smithfield Ct, Basking Ridge, NJ 07920-2788
SOLD AUG 14, 2026
$405,000
C
1 bed1 bath950 sq ft
22 Alexandria Way, Basking Ridge, NJ 07920
SOLD JUN 2, 2026
28 Commonwealth Dr, Basking Ridge, NJ 07920-3060
$450,000
D
2 beds2 baths— sq ft
28 Commonwealth Dr, Basking Ridge, NJ 07920-3060
SOLD MAY 18, 2026
$475,000
E
2 beds2 baths1,050 sq ft
58 Smithfield Ct, Basking Ridge, NJ 07920-2781
SOLD MAY 27, 2026
195 Alexandria Way, Basking Ridge, NJ 07920-2771
$415,000
F
2 beds1 bath— sq ft
195 Alexandria Way, Basking Ridge, NJ 07920-2771

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Earn from this home

Sell

$367,279

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

OPEN SUN, 2PM TO 4PM
$839,000
3 beds2.5 baths— sq ft
26 Mayflower Dr, Basking Ridge, NJ 07920-3803
COMING SOON
$880,000
3 beds2.5 baths— sq ft
251 Patriot Hill Dr, Basking Ridge, NJ 07920-4213
NEW 23 HRS AGO
$815,000
3 beds2.5 baths— sq ft
2 Charleston Ct, Basking Ridge, NJ 07920-3813
$450,000
2 beds2 baths— sq ft
286 Potomac Dr, Basking Ridge, NJ 07920-3164
$2,150,000
5 beds5.5 baths5,578 sq ft
33 Carriage Way, Basking Ridge, NJ 07920-2541
OPEN SAT, 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
See all

Provided by Redfin

Sale history for 55 Commonwealth Dr

Year

Property tax

Land + Additions

Assessment*

2025

$6,580 (+5.1%)

$140,000 + $260,600

$400,600

2024

$6,260 (+3.8%)

$140,000 + $249,800

$389,800

2023

$6,030 (+12.3%)

$124,000 + $227,900

$351,900

2022

$5,367 (+2.8%)

$124,000 + $195,700

$319,700

2021

$5,222 (+4.8%)

$120,000 + $146,900

$266,900

2020

$4,984 (+5.5%)

$120,000 + $127,500

$247,500

2019

$4,723 (+1.1%)

$115,000 + $123,000

$238,000

2018

$4,674 (+2.6%)

$125,000 + $107,200

$232,200

2017

$4,555 (+3.1%)

$123,000 + $110,100

$233,100

2016

$4,420 (+1.6%)

$123,000 + $106,000

$229,000

2014

$4,349 (+2.7%)

$120,000 + $110,200

$230,200

2013

$4,236 (−3.6%)

$120,000 + $104,900

$224,900

2011

$4,394 (+3.0%)

$120,000 + $99,100

$219,100

2010

$4,267 (+6.1%)

$125,000 + $108,500

$233,500

2009

$4,022

$125,000 + $108,400

$233,400

Tax history for 55 Commonwealth Dr

Year

Property tax

Land + Additions

Assessment*

2025

$6,580 (+5.1%)

$140,000 + $260,600

$400,600

2024

$6,260 (+3.8%)

$140,000 + $249,800

$389,800

2023

$6,030 (+12.3%)

$124,000 + $227,900

$351,900

2022

$5,367 (+2.8%)

$124,000 + $195,700

$319,700

2021

$5,222 (+4.8%)

$120,000 + $146,900

$266,900

2020

$4,984 (+5.5%)

$120,000 + $127,500

$247,500

2019

$4,723 (+1.1%)

$115,000 + $123,000

$238,000

2018

$4,674 (+2.6%)

$125,000 + $107,200

$232,200

2017

$4,555 (+3.1%)

$123,000 + $110,100

$233,100

2016

$4,420 (+1.6%)

$123,000 + $106,000

$229,000

2014

$4,349 (+2.7%)

$120,000 + $110,200

$230,200

2013

$4,236 (−3.6%)

$120,000 + $104,900

$224,900

2011

$4,394 (+3.0%)

$120,000 + $99,100

$219,100

2010

$4,267 (+6.1%)

$125,000 + $108,500

$233,500

2009

$4,022

$125,000 + $108,400

$233,400

*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
Living Sq. Ft: 1,000
Legal Description: WASHINGTON VILLAGE BLDG 6 UNIT 7

Lot Information
# of Buildings: 1
Land Sq. Ft: 475
Legal Lot Number: 55
Legal Block Number: 8603
Acres: 0.0109
Zoning Code: R5
State Use Description: RESIDENTIAL

Financial

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

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,000
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1987
Year Renovated: —
County: Somerset County
APN: 0208603 00055 CONDO

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

Cedar Hill School

Public K-5 • Assigned • 2.2mi

9/10

William Annin Middle School

Public 6-8 • Assigned • 2.2mi

9/10

Ridge High School

Public 9-12 • Assigned • 2.4mi

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

$380,000 – $460,000

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New listings for sale in 07920-3803

OPEN SUN, 2PM TO 4PM

$839,000

3 beds2.5 baths— sq ft

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COMING SOON

$880,000

3 beds2.5 baths— sq ft

251 Patriot Hill Dr, Basking Ridge, NJ 07920-4213

NEW 23 HRS AGO

$815,000

3 beds2.5 baths— sq ft

2 Charleston Ct, Basking Ridge, NJ 07920-3813

$450,000

2 beds2 baths— sq ft

286 Potomac Dr, Basking Ridge, NJ 07920-3164

$2,150,000

5 beds5.5 baths5,578 sq ft

33 Carriage Way, Basking Ridge, NJ 07920-2541

OPEN SAT, 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

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Home values near 55 Commonwealth Dr

Data from public records.

Address	Redfin Estimate
59 Commonwealth Dr, Basking Ridge, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$363,702
54 Commonwealth Dr, Basking Ridge, NJ - Beds \| - Baths \| 1050 Sq. Ft.	$398,281

Address	Redfin Estimate
57 Commonwealth Dr, Basking Ridge, NJ - Beds \| - Baths \| 1050 Sq. Ft.	$405,282
52 Commonwealth Dr, Basking Ridge, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$436,304

Address	Redfin Estimate
58 Commonwealth Dr, Basking Ridge, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$453,228
53 Commonwealth Dr, Basking Ridge, NJ 2 Beds \| 1 Baths \| - Sq. Ft.	$411,342

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About this home

Redfin Estimate

Earn from this home

Market trends in 07920, NJ

Sale history for 55 Commonwealth Dr

Tax history for 55 Commonwealth Dr

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07920-3803

Home values near 55 Commonwealth Dr

More real estate resources