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In Basking Ridge, there are several single family community homes. The link that follows links to my website where you can find information about every subdivsion in the Basking Ridge side of the Hills including name, number of bedrooms, average prices, and recent sales for 2009. There is not registration required.
Here is the link: http://marieyoung.net/thehills.htm
As you will see, each subdivison has its own positives and negatives, and prices range from a low of in the 400's for townhomes up to 2MM. in Beacon Manor. I expect to populate Bedminster shortly.
Having sold several units/homes in both Basking Ridge and Bedminster, I'd be happy to provide you with a more in-depth analysis and lists of current listings as well as recently solds in both towns.
Regarding schools, you can access sites such as greatschools.net which actually allow you to compare school systems against various criteria, and view side by side, the differences in what's offered.
Should you require further information or would like a tour, don't hesitate to call me. All of my information is available at http://www.marieyoung.net, and there's also a contact me form right there.
Having worked in Somerset county for several years providing valuation services for banks and insurance companies I would generally agree with the other posts with regards to areas but from a numbers perspective Basking Ridge values average about 10% greater overall.
If crunching numbers in preparation to an offer makes sense then please feel free to contact me, I would be happy to oofer up some data factors to consider. email@example.com
Your best bet in determining a good offer price is to base it on a well thought out pricing analysis for the property you are considering. Done properly, it will be based on the comparables for the community and will provide a market value range based on the market trend which will guide and support your offer. The lowest priced single family home on the Basking Ridge side is priced about $635 - $650K. Comparable homes - similar features, bedroom count, home and lot size, garage size - are priced $619 - $652K with total renov. So you do get more for your money on the Bedminster side. Taxes are very sweet in Bedminster - in this example, the Basking Ridge homes have an annual tax bill of about $10,000, while the Bedminster tax bill is about $7,000.
If you are working with an agent, she/he can and should be putting together a good analysis for you - with that in hand, you will be in very good shape for a successful negotiation. If you are not aligned with an agent that knows this market well, you should be. This is my area of expertise, I know it well and would be honored to assist you.
You can reach me via Trulia or email me directly at http://www.feenick.com if you'd like to continue the dialogue/get more specific guidance.
Unwavering Commitment to Service
Search the MLS at http://www.feenick.com
I wouldn't necessarily say that the Bedminster schools are worse than the Basking Ridge schools - both districts score very high on most scales. One thing to consider is that Bedminster is part of the Somerset Hills school district which means that middle school and high school are in Bernardsville. I'm not sure which price range you are looking at, but I do think there are more options on the Basking Ridge side which is a little more pricey than Bedminster. Bedminster also has lower taxes which is a huge plus.
I'd say that about 80% of my business is in these two areas and I live in Basking Ridge. I am happy to answer any additional questions you may have - all contact information is in my profile. Feel free to contact me at your convenience.