40 Church St, Basking Ridge, NJ, 07920
About This Home
FOR SALE BY OWNER – Location in Basking Ridge, NJ Now Accepting Offers Rare opportunity to own a property in one of New Jersey's most desirable communities. Located in the heart of Basking Ridge, this unique home sits on a massive lot and offers tremendous potential for investors, builders, collectors, or buyers looking to create their dream home. Property Features: Large lot with endless possibilities Backdrop to spacious farmland Huge detached garage/workshop with ample storage Large basement great for workshop with attached garage Prime Basking Ridge location Highly rated local schools Quiet, established neighborhood Convenient access to shopping, dining, parks, and major transportation routes .44 acre lot Important Details: Home is being sold AS IS Renovation and updating are needed Property contains a variety of collectibles and unique items that may be included with the sale Excellent opportunity for restoration, expansion, or redevelopment (buyer to perform due diligence) Whether you're looking for a renovation project, investment property, or a large piece of land in a premier location, this property offers exceptional value and potential. Currently accepting offers starting at $599,000. Serious inquiries only. Contact owner directly for additional information or to schedule a viewing.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
Interior
Basement
- Basement: Basement (not specified)
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior Area
- Total interior livable area: 900 sqft
Property
Details
- Parcel number: 0209301000000017
Features
- Exterior features: Wood
Lot
- Lot size: 0.44 Acres
Parking
- Total spaces: 3
- Parking features: Garage - Attached,Garage - Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $859 | $10,308 |
| Electricity | $193 | $2,318 |
| Total | $4,123 | $49,476 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $575,000 |
| 2026-06-15 | Listed for sale | $599,999 |
| 2025-08-22 | Sold | $100,000 |
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