Housing data for Basking Ridge, NJ
Basking Ridge, NJ has an estimated 7,917 residents and 3,042 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Somerset County.
16.1% of households rent.
The median gross rent is $546 a month.
Figures last updated on .
- Residents
- 7,917 (±668)
- Housing units
- 3,042 (±309)
- Households that rent
- 16.1%
- Median gross rent
- $546
What stands out in Basking Ridge
Median gross rent: $546 (±$205) in Basking Ridge, lower than in Somerset County ($2,033).
Median home value: $851,200 (±$32,792) in Basking Ridge, higher than in Somerset County ($552,100).
Households that rent: 16.1% (±4.7 points) in Basking Ridge, lower than in Somerset County (25.7%).
Median household income: $188,295 (±$44,041) in Basking Ridge, higher than in Somerset County ($140,374).
- Median rent in Basking Ridge
- Home values in Basking Ridge
- Renters and owners in Basking Ridge
- Income and affordability in Basking Ridge
Housing in Basking Ridge at a glance
- Median rent: $546 median gross rent a month
- Rent by bedrooms
- Rent burden: 47.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 16.1% of households rent
- Income and affordability: $188,295 median household income
- Home values: $851,200 median home value
- Homeowner costs: $4,000 or more median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 11.7% of homes are in buildings of 5 or more units
- Bedrooms: 77.8% of homes have 3 or more bedrooms
- Age of homes: 62.0% of homes were built before 1980
- Vacancy rate: 1.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 81.4% heat with utility gas
- Commute and cars: 28.7 minutes average trip to work
- How long people stay: 15.1% moved in since 2020
- Crowding and facilities: 0.6% of homes have more than 1 person per room
Basking Ridge against Somerset County, its state and the nation
| Basking Ridge | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 7,917 (±668) | 349,846 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 3,042 (±309) | 133,639 (±156) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 16.1% (±4.7 points) | 25.7% (±0.9 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $546 (±$205) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
| Median household income | $188,295 (±$44,041) | $140,374 (±$3,294) | $103,556 (±$513) | $80,734 |
| Median home value | $851,200 (±$32,792) | $552,100 (±$7,374) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 62.0% (±9.7 points) | 46.3% (±1.3 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 28.7 minutes (±3.8) | 31.4 minutes (±0.7) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.2% (±4.0 points) | 95.8% (±0.5 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 46.7 years (±2.5) | 41.8 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Basking Ridge covers 6.8 square miles of land, about 1,173 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Somerset County
Basking Ridge has no police department of its own in the FBI’s figures, so this is the figure for Somerset County as a whole.
In 2025, the police departments that report for Somerset County recorded 60 violent and 566 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Basking Ridge
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 07920 | 25% | 28,753 | $2,476 | $799,900 | $192,857 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Basking Ridge
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lyons | 1.8 mi | — | $1,037,400 | 1.6% |
| Bernardsville Borough | 2.5 mi | $2,297 | $793,800 | 5.4% |
| Millington | 3.1 mi | $2,286 | $796,600 | 10.5% |
| Liberty Corner | 3.4 mi | $3,500 or more | $1,187,500 | 31.7% |
| Far Hills Borough | 3.5 mi | $1,554 | $792,100 | 12.9% |
| Long Hill Township | 3.8 mi | $2,329 | $697,100 | 10.3% |
| Harding Township | 4.0 mi | $2,917 | $1,145,100 | 9.8% |
| Stirling | 4.0 mi | $1,427 | $695,300 | 16.4% |
Places in New Jersey most like Basking Ridge
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Lincroft | $685 | $807,300 | $189,000 | 11.5% |
| Springdale | $879 | $493,900 | $164,796 | 15.8% |
| Alloway Township | $749 | $326,800 | $105,156 | 13.3% |
| Mullica Hill | $965 | $442,800 | $131,250 | 18.6% |
| Chester Borough | $1,344 | $659,800 | $171,500 | 20.9% |
| Spotswood Borough | $1,079 | $369,900 | $105,060 | 13.8% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Basking Ridge, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,953 | $2,103 | $2,623 | $3,125 | $3,508 |
HUD income limits for Basking Ridge, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $32,550 | $54,200 | $80,200 |
| 2 people | $37,200 | $61,950 | $91,700 |
| 3 people | $41,850 | $69,700 | $103,150 |
| 4 people | $46,450 | $77,400 | $114,600 |
| 5 people | $50,200 | $83,600 | $123,800 |
| 6 people | $53,900 | $89,800 | $132,950 |
| 7 people | $57,600 | $96,000 | $142,150 |
| 8 people | $61,350 | $102,200 | $151,300 |
These are the limits HUD sets for its housing programs in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $154,800.
A program can use its own limits; tax-credit and local programs often do.
Basking Ridge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Bernards Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Basking Ridge
What is the average rent in Basking Ridge, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Basking Ridge is $546 (±$205) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Basking Ridge?
The median gross rent for a one-bedroom home in Basking Ridge, NJ is $524 (±$106) a month (2020–2024 American Community Survey).
How many renters are there in Basking Ridge?
Basking Ridge has an estimated 480 (±158) renting households, 16.1% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Basking Ridge?
The median household income in Basking Ridge is $188,295 (±$44,041) a year (2020–2024 American Community Survey).
What is the average home value in Basking Ridge, NJ?
The Census Bureau publishes the median: $851,200 (±$32,792) for owner-occupied homes in Basking Ridge (2020–2024 American Community Survey).
What is the average mortgage payment in Basking Ridge?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Basking Ridge, NJ is $4,000 or more a month, including taxes, insurance and utilities.
What ZIP codes are in Basking Ridge?
The ZIP code that covers Basking Ridge is 07920.
What is the median rent in ZIP code 07920?
The median gross rent in ZIP Code Tabulation Area 07920 is $2,476 (±$212) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Basking Ridge CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Basking Ridge CDP, New Jersey (place:03340, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .