This 326-acre complex is bordered by over 100 acres of undisturbed open space. Spring Ridge is a community is comprised mostly of two and three bedroom condos, but there are a handful of duplexes as well as single family homes. The condo buildings are typically three stories – ground, first and
second floor units. The ground floor units are the one bedroom models and these don’t typically feature basement storage though they do have a large pantry in the kitchen. The second floor units often feature cathedral ceilings and sometimes have sky lights. There are at least eight different models:
- The Ardsley (one bedroom, one bath)
- The Baxter (one large bedroom, one bath)
- The Chesterfield (one bedroom, a den and one bath). The one bedroom units are listing and selling between $199,000 and $250,000.
- The Drexel I and the Drexel II (two floor plans, both featuring two bedrooms and one bath). The Drexel models are listing and selling between $200,000 and $270,000.
- The Essex I and the Essex II (two floor plans, both featuring two bedrooms and two baths). The Essex models are listing and selling between $240,000 and $290,000.
- The Fairfax (two bedrooms, a den and two baths). These models are listing and selling between $320,000 and $325,000.
- The Greenbriar (1/2 duplex with three bedrooms including a first floor master, attached garage and a basement) The duplexes are listing and selling between $450,000 and $550,000 and they rent for approximately $2500/month.
- The Hamilton (1/2 duplex with three bedrooms including a first floor master, attached garage and a basement)
- Single family homes (Three bedrooms, two and a half baths, one car garage and basements – very similar to he 1/2 duplexes, but are detached, fee simple homes) These homes are listing and selling in the low to mid $500,000’s)
The kitchens in most of the models are a decent size and all are considered to be eat-in. All but a few of the models boast a large basement storage area as well as a detached garage.
This Basking Ridge community features a swimming pool, a club house, tennis courts and a playground. There are no dogs allowed in the complex. Believe it or not, even in today’s real estate market, we are seeing multiple offers in this development. Prices (and sellers’ expectations) have already adjusted!
Search the townhouse market on my website, or keep up to date with notification of new listings. Check back regularly to see what has sold in Basking Ridge. This development offers a perfect opportunity for buyers who are eligible for the first time home buyer tax credit!
