Closed$1,149,000
TLC ≈ $9,672/mo
4 3 3,116 sqft
262 Skyline Drive, Long Hill, NJ 07946
3905 Balsam Way, Bernards, NJ 07920
$190,702
3 beds 1 baths 957 sqft Built 19918 days on marketActive
About this home
Beautifully Redone Low-Income 3 Bedroom Condo with updates such as Furnace, AC, Kitchen with extended cabinets, Water heater, bathroom, electrical panel, flooring, and a bonus storage room downstairs. This is a first-floor condo with no stairs. Stunning views from the balcony. Water Filter system negotiable. Seller needs to find a place to go. Buyers must meet low-income requirements and be approved as part of NJ affordable housing. Income limits: 2 people $61, 950, 3 people $69, 700, 4 people $77, 400, 5 people $83, 600, and 6 people $89, 800. Please make sure buyers are pre-approved with a deed-restricted lender, see attached doc, before filing the attached application for affordable housing.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$1,755/mo
- Real estate (PITI + HOA + PMI)
- $1,401
- Utilities
- $449
- Transportation
- $105
- Other (entertainment)
- $143
Principal + interest$865
Property tax + insurance$464
PMI / 2nd mortgage$72
Heating + cooling$70
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$105
Budget$5,000/mo
Remaining after TLC$3,245/mo
Purchase price
$190,702
Down payment
$9,535 (5%)
Loan amount
$181,167
APR
4%
Quick facts
Type
Condo/TH
Style
Garden Apartment Style
Year built
1991
Lot size
0.0092 ac
Stories
1
Heating
Forced Air
Cooling
Central Air, Ceiling Fan(s)
Water
Public
HOA
—
Annual tax
$3,040
MLS #
2702808R
County
Somerset
At a glance
Air conditioning
Home features
Appliances
DryerGas Range/OvenMicrowaveRefrigeratorRangeWasherElectric Water Heater
Interior
BlindsEntrance Foyer3 BedroomsKitchenLiving RoomBath FullDining RoomNone
Exterior
Deck
Community
ClubhouseOutdoor PoolPlaygroundTennis Court(s)
Parking
NoneOpen
Patio & porch
Deck
Pool
Outdoor Pool
Kitchen
Galley Type
Dining
Living Dining Combo
Flooring
Ceramic Tile
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium
Lot features
Cul-De-Sac
Neighborhood — 07920
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 33,381 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 35.00% | 14.00% | 20.00% |
| Population Density | 1,297 | 1,137 | — |
| Male | 16,104 | 4,307,827 | 147,432,321 |
| Female | 17,277 | 4,525,010 | 151,655,844 |
| Never Married | 5,676 | 1,965,811 | 63,775,926 |
| Married | 16,174 | 3,647,435 | 123,120,365 |
| Separated | 855 | 391,239 | 12,639,686 |
| Widowed | 1,500 | 515,172 | 15,467,586 |
| Divorced | 2,258 | 529,393 | 23,075,029 |
| Number Of House Hold | 13,739 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.37 | 2.73 | 2.60 |
| Medial Age | 40.65 | 37.15 | 35.46 |
| Median House Hold Income | $107,585 | $63,392 | $48,276 |
| Average House Hold Income | $151,820 | $83,312 | $63,629 |
| P C I | $62,953 | $30,662 | $24,529 |
| M D I | $82,162 | $52,505 | $41,133 |
| A T H E | $96,177 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 86.29% | 81.02% | 77.74% |
(Zip) Code
7920
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 8/15/2026. Provided courtesy of MILLENNIUM INTERSTATE REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.