$2,104,600
- 4 Beds
- 5 Baths
- 4,981 sqft (on 0.48 acres)
5 Independence Dr, Basking Ridge, NJ 07920
Est. Refi. Payment $14,108/mo*
Refinance Your HomeCurrently Off Market - Sold May 4, 2016 for $1,390,000
Home Value
Trulia Estimate
$2.1MSince last month
Decreased$30K (-1.4%)Since last year
Increased$116K (+5.8%)Since last sale
Increased$715K (+51.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.1M |
| August 2026 | $2.1M |
| July 2026 | $2.14M |
| June 2026 | $2.15M |
| May 2026 | $2.12M |
| April 2026 | $2.07M |
| March 2026 | $2.07M |
| February 2026 | $2.01M |
| January 2026 | $2M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $1,850,000 | 06/24/26 | 5 | 4 | - | |
0.23 | Single-Family Home | $1,665,000 | 04/10/26 | 5 | 4 | - | |
0.22 | Single-Family Home | $1,725,000 | 11/21/25 | 4 | 4 | - | |
0.48 | Single-Family Home | $1,400,000 | 04/27/26 | 5 | 5 | - | |
0.67 | Single-Family Home | $1,950,000 | 12/31/25 | 5 | 5.5 | 5,889 | |
0.52 | Single-Family Home | $1,650,000 | 05/14/26 | 4 | 5 | - | |
0.37 | Single-Family Home | $1,510,000 | 06/24/26 | 4 | 3 | - | |
0.57 | Single-Family Home | $1,327,500 | 07/31/26 | 4 | 4 | - | |
0.50 | Single-Family Home | $1,259,000 | 06/05/26 | 4 | 3 | - | |
0.72 | Single-Family Home | $1,425,000 | 08/24/26 | 4 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $1,850,000 | 5 | 4 | - | Recently Sold | |
0.04 | $1,575,700 | 4 | 6 | - | Off Market | |
0.14 | $2,330,500 | 5 | 5 | - | Off Market | |
0.13 | $1,966,300 | 4 | 5 | - | Off Market | |
0.22 | $1,673,900 | 5 | 4 | - | Off Market | |
0.22 | $1,725,000 | 4 | 4 | - | Recently Sold | |
0.23 | $1,665,000 | 5 | 4 | - | Recently Sold | |
0.28 | $2,189,700 | 5 | 6 | - | Off Market | |
0.28 | $2,041,100 | 6 | 4 | - | Off Market | |
0.34 | $1,645,900 | 4 | 6 | - | Off Market | |
0.36 | $1,673,400 | 3 | 5 | - | Off Market | |
0.32 | $1,918,600 | 5 | 4 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1998
0.48 acre lot
4,981 sqft
$423/sqft
Garage
About this House
Stunning brick colonial at desirable Independence Hill! Excellent condition and expansive floor plan. Move right into this spacious Savoy model featuring formal living and dining rooms, library and bright and sunny conservatory. The stunning 2 story family room with dramatic wall of windows and coffer ceilings opens to a chefs kitchen with stainless steel appliances and granite tops as well as to a covered deck with wood burning fireplace, skylights and outdoor kitchen. A true entertainers dream. A mudroom, wine room, and powder room complete this level. The second level boasts a master suite with spa bathroom which includes an over sized shower and radiant heat. 3 en suite bedrooms and laundry room complete the 2nd floor. Partially finished basement provides more space for recreation.
5 Independence Dr, Basking Ridge, NJ 07920 is a 4 bedroom, 5 bathroom, 4,981 sqft single-family home built in 1998. It last sold for $1,390,000 on May 4, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,104,600, with a rent estimate of $7,106/month.
Home Details for 5 Independence Dr
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Types of Rooms: Walk In Closet, Dining Room |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
Security Security System |
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Exterior Home Features Roof: CompositionDeckExterior: BrickLawnPatioSprinkler System |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1998 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 0.48 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 4, 2016 Source: GSMLS #3283888 | Sold | $1,390,000 |
Feb 23, 2016 Source: Agent Provided | Listed For Sale | $1,399,000 |
Jan 6, 2003 Source: N/A | Sold | $1,100,000 |
Oct 15, 1998 Source: N/A | Sold | $870,275 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $29,862 | $1,678,600 |
Home facts updated by county records
Market trends in Basking Ridge
Last updated July 2026
Avg. sale price
$836K
$18.42KMoM
Sale-to-List Price
102.8%
0.9%MoM
Price per sq ft
$429
$35MoM
Available listings
73
14MoM
Around this home
What Locals Say about Basking Ridge
At least 118 Trulia users voted on each feature.
94 % Say car is needed
92 % Say parking is easy
85 % Say it's dog friendly
84 % Say it's quiet
76 % Say there's wildlife
75 % Say people would walk alone at night
75 % Say there's holiday spirit
73 % Say kids play outside
73 % Say there are sidewalks
71 % Say yards are well-kept
63 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
42 % Say streets are well-lit
42 % Say there are community events
37 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5 Independence Dr
- What is 5 Independence Dr estimated to be worth?Trulia's estimated value for 5 Independence Dr in Basking Ridge, NJ is $2,104,600.
- What is the price history for 5 Independence Dr?5 Independence Dr in Basking Ridge, NJ last sold for $1,390,000 in May 2016.
- Is Basking Ridge a buyer's or seller's market?Basking Ridge is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Basking Ridge?The median sale price in Basking Ridge is $836K. That is down $18.42K from the prior month.
- Does 5 Independence Dr have air conditioning?Yes, 5 Independence Dr in Basking Ridge, NJ has air conditioning.
- How big is the lot at 5 Independence Dr?The lot at 5 Independence Dr in Basking Ridge, NJ is about 0.48 acres (20,909 sq ft).