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$196,805 Just Listed
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Property Description
This unit is part of NJ Affordable Housing (Mt. Laurel) program, all requirements must be met. Please see attached list of requirements in order to be considered a qualified buyer. Located in The Cedars at Basking Ridge for qualified New Jersey affordable housing/moderate income buyers. Please note that CJHRC needs to income qualify the household prior to signing a contract of sale. Please note that CJHRC needs to income qualify the household prior to signing a contract of sale. Amazing three-bedroom condominium located on the first floor, offering privacy and beautiful views. This home has been recently updated and is move-in ready! Enjoy resort-style living with access to The Cedars Association amenities, including Playground, Pool, Tennis courts, Biking & jogging paths. Don't miss this opportunity to enjoy comfort, convenience, and community living all in one place.
Full Property Details
Full Property Details for 3702 Balsam Way
General
- Price: $196,805
- HOA FEE: $429/month
- Taxes: $3,260 (2024)
- Status: Active
- Type: Condo
- Source: Garden_State
- MLS ID: 4011853
- Updated: 2/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Carbon Monoxide Detector, Microwave, Gas Range and Oven
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: First
- Bedroom 3: First
Other Rooms
- Living Room: First
- Kitchen: Galley Type, First
- Dining Room: Living/Dining Combo, First
Additional Information
- Shared Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
- Pool: Yes
- Pool Description: Association Pool
Exterior
- Color: Gray
Location
- County: Somerset
- Subdivision: The Cedars at Basking Ridge
- Driving Directions: Valley Road to The Cedars Entrance, Left and Down to Balsam Way #3702
Community
- Community Living: Yes
- Assoc. Fees Include: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: One Floor Unit
- Roof: Asphalt Shingles
- Square Feet: 957
- Year Built: 1993
Lot Features
- Driveway/Sidewalk: 1 Car Width, Parking Lot-Shared
Financial Considerations
- Association Fee: $429
- Assoc Fee Freq.: Monthly
- Assessment Amount: $187,000
- Land Assmt: $24,900
- Tax Amount: $3,260
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Exclusions: Washer, Dryer, Refrigerator
- Disclosures: Yes
- APN: 2702-09001-0000-00037-0004-CONDO
- Block: 9001
- Lot Number: 37.04
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Price & Sales History for 3702 Balsam Way
Date
Details
Price
Change
Source
2/28/2026
Listed
$196,805
173.34%
MLS
6/01/1994
Sold
$72,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3702 Balsam Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,261
3%
$187,000
8%
2022
$3,157
—
$173,900
11%
2022
$3,157
-1%
$157,000
3%
2021
$3,203
—
$151,792
7%
2021
$3,203
19%
$142,500
6%
2018
$2,701
1%
$134,700
—
2017
$2,679
2%
$134,700
—
2016
$2,628
-4%
$134,700
—
2019
$2,740
6%
$134,700
—
2015
$2,581
2%
$134,700
—
2013
$2,539
—
$134,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3702 Balsam Way
3702 Balsam Way, Bernards Township, NJ 07920 (MLS# 4011853) is a Condo property with 3 bedrooms and 1 full bathroom. 3702 Balsam Way is currently listed for $196,805 and was received on February 28, 2026. Want to learn more about 3702 Balsam Way? Do you have questions about finding other Condo real estate for sale in Bernards Township? You can browse all Bernards Township real estate or contact a Coldwell Banker agent to request more information.

