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3225 Valley Rd, Basking Ridge, NJ, 07920

2beds
1baths
--sqft
$595,000
--price/sqft
$4,258/moest. monthly cost
$170,320/yrincome needed

About This Home

Set on 3.3 picturesque acres in desirable Basking Ridge, this simple and charming 2-bedroom cottage offers a rare opportunity to create the lifestyle you've always envisioned. Nestled on a beautiful level and wooded property, this hidden gem is ready for its next chapter whether you choose to renovate, expand, or build your dream retreat from the ground up.Perfectly positioned directly across from the VA Golf Course and just a short stroll to Pleasant Valley Park, residents can enjoy an active outdoor lifestyle with walking trails, sports fields, and popular pickleball courts just moments away. Commuters will appreciate the unbeatable convenience to Routes 78 and 287, along with nearby NJ Transit rail service offering direct access to Penn Station and Hoboken.With public water/sewer already in place, award-winning schools, and sought-after local destinations including the Great Swamp Wildlife Refuge and Lord Stirling Park & Stables, this property combines natural beauty, exceptional location, and endless potential. Bring your imagination and transform this special Basking Ridge property into something truly extraordinary.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

9/10
Cedar Hill SchoolGrades K-51.9 mi
9/10
7/10
Ridge High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Composition Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Gas Cooktop,Dryer,Refrigerator,Wall Oven(s) - Gas,Washer,Oil Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedroom1

  • Level: Second

Bedroom2

  • Level: First
  • Area: 126

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Loft
  • Flooring: Wood

Heating & Cooling

  • Heating features: 1 Unit,Oil Tank Above Ground - Outside
  • Cooling features: Window Unit(s)

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 135

Living Room

  • Level: First
  • Area: 209

Property

Details

  • Parcel number: 2702088020000000030000

Lot

  • Lot size: 3.30 Acres
  • Features: Level
  • Lot size dimensions: 3.30AC

Parking

  • Total spaces: 5
  • Parking features: 1 Car Width,Additional Parking,Crushed Stone
  • Uncovered spaces: 5

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $3,008$36,096
Home Insurance *$170$2,040
Property Taxes $887$10,644
Electricity $193$2,318
Total$4,258$51,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,988/yr
40% on housing$127,740/yr
45% on housing$113,546/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07920$381
Somerset County$343

vs Homes Sold Last Month

Median $/sqft

ZIP 07920$409
Somerset County$348

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

DateEventPrice
2026-05-16Listed for sale$595,000
1960-08-15Sold$13,000

For Sale by Agent

AgentRichard Burgstresser
BrokerageTurpin Real Estate, Inc.

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