HomeNew JerseySomerset CountyBasking Ridge
Basking Ridge, New Jersey: commercial real estate data.
Basking Ridge is a Census CDP of 7,917 people across 6.75 square miles of land, in Somerset County. Median household income is $188,295, 83.9 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $9.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Basking Ridge
What Basking Ridge is
- Census place typeCDP
- Land area6.75 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,173
- County holding the largest share of its areaSomerset County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Basking Ridge
How many people live in Basking Ridge
- Population7,917
- Median age46.7
- Population under 181,836
- Share under 1823.2 percent
- Population 65 and over1,512 plus or minus 381
- Share 65 and over19.1 percent plus or minus 4.5
- Households2,987
- Family households2,195
- Share of households that are families73.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Basking Ridge
Income and work in Basking Ridge
- Median household income$188,295 plus or minus $44,041
- Per capita income$108,947
- Civilian labor force3,841
- Employed3,552
- Unemployed289 plus or minus 140
- Unemployment rate7.5 percent plus or minus 3.4
- Adults 25 and over5,317
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher74.3 percent
- Adults 25 and over with a graduate degree37.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Basking Ridge
Housing in Basking Ridge
- Housing units3,042
- Occupied units2,987
- Vacant units55 plus or minus 72
- Vacancy rate1.8 percent plus or minus 2.4
- Owner occupied2,507
- Renter occupied480 plus or minus 158
- Ownership rate83.9 percent
- Median owner-occupied home value$851,200
- Median gross rent, monthly$546 plus or minus $205
- Annual rent as a share of median income3.5 percent plus or minus 1.5
- Single family units2,549
- Share single family83.8 percent
- Units in buildings of two or more493 plus or minus 188
- Share in buildings of two or more16.2 percent plus or minus 6.0
- Mobile homes0
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Basking Ridge
How Basking Ridge gets to work
- Workers 16 and over who commute2,713
- Commuting under 15 minutes695 plus or minus 248
- Share commuting under 15 minutes25.6 percent plus or minus 8.0
- Commuting 30 minutes or more974 plus or minus 242
- Share commuting 30 minutes or more35.9 percent
- Drove alone66.5 percent
- Carpooled3.5 percent plus or minus 1.9
- Public transport5.6 percent plus or minus 2.4
- Walked0.5 percent plus or minus 0.5
- Worked from home23.6 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Basking Ridge
SBA loans in Basking Ridge (7(a))
- Approvals21
- Gross approval$9,657,200
- Average approval$459,867
- Median approval$240,000
- Ninetieth percentile approval$916,000
- Largest approval$2,150,000
- Jobs supported145
- Jobs per approval6.9
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises33.3 percent
- Distinct lenders14
- Distinct industries by NAICS16
Counted by borrower city: approvals to borrowers whose address is in Basking Ridge, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Somerset County, not Basking Ridge
Somerset County context, not Basking Ridge figures
- Establishments in Somerset County9,831
- Covered employment, Somerset County190,468
- Average annual pay, Somerset County$106,418
- Housing units permitted, Somerset County635
Every figure in this section is published for Somerset County as a whole and is not a measurement of Basking Ridge.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Basking Ridge questions, answered from the record.
How many people live in Basking Ridge, New Jersey?
7,917, in 2,987 households. Basking Ridge CDP covers 6.75 square miles of land, which is 1,173 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Basking Ridge in?
Somerset County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Basking Ridge?
$188,295. The median owner-occupied home is valued at $851,200. Median gross rent is $546 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Basking Ridge businesses?
21 7(a) approvals totaling $9.7 m since FY2020, across 14 lenders, median approval $240,000. These count approvals to borrowers whose address is in Basking Ridge, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Basking Ridge borrowers get paid back?
No rate is published for Basking Ridge. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Basking Ridge figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Basking Ridge.
Is zoning published for Basking Ridge?
No. Nothing on this page presents parcel level zoning.