








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Basking Ridge at 12 Tamarisk Ct, Basking Ridge, NJ, 07920 with 5% annual appreciation on a $1,699,000 basis while $7,435/mo rent supports operations. 18% in year one. Equity gained on principal adds $10,963/yr, and five-year appreciation sums $469,402 alongside rental yield of 5.25%. Five-year ROI measures 51.82% and total cumulative return in cash totals $285,257. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,435/mo property income versus a $8,316/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
Date | Event | Price |
|---|---|---|
| 2012-11-19 | Sold | $1,165,000 |
| 2012-08-12 | Listed for sale | $1,195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $23511.26 | 6.81% | $1,321,600 | 13.24% |
| 2023-09-15 | $22011.51 | -1.73% | $1,167,100 | 5.40% |
| 2022-09-15 | $22399.76 | N/A | $1,107,300 | 4.30% |



Listed by: Susan Oldendorp • Compass New Jersey, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3986535
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