Bernards Twp (Basking Ridge) vs Newark, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Bernards Twp (Basking Ridge) and Newark, side by side with sources.
At a glance
- Lower tax billNewark, $7,641 a year
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Newark has the lower 2025 average residential tax bill: $7,641 a year, $7,074 less than $14,715 in Bernards Twp (Basking Ridge). Newark is below the NJ average of $10,340 and Bernards Twp (Basking Ridge) is above it.
- Median sale priceNewark $440,000 vs Bernards Twp (Basking Ridge) $1,250,000
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The median single-family sale price is $440,000 in Newark and $1,250,000 in Bernards Twp (Basking Ridge), $810,000 more (GSMLS, 2025 closed sales).
- Monthly cost estimateNewark $3,260 vs Bernards Twp (Basking Ridge) $9,128
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On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Newark comes to $3,260 a month and Bernards Twp (Basking Ridge) to $9,128, a gap of $5,868.
- Peak commuteBernards Twp (Basking Ridge) 75 min vs Newark 18 min
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Peak commute is 75 minutes in Bernards Twp (Basking Ridge) and 18 minutes in Newark, 57 minutes shorter in Newark.
- NJ Transit passNewark $184 vs Bernards Twp (Basking Ridge) $531
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The NJ Transit monthly pass to NY Penn is $184 in Newark and $531 in Bernards Twp (Basking Ridge), $347 more.
- Higher school resultsBernards Twp (Basking Ridge): 4-year graduation, ELA, math
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On the district results, Bernards Twp (Basking Ridge)'s district is higher on 4-year graduation (97.6% vs 90.0%), ELA (81.9% vs 34.3%) and math (79.6% vs 22.0%).
Figures are from the data file, version 2.4.2. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- NJ Transit pass
- Bernards Twp (Basking Ridge)$9,128 / monthMortgage $6,815 · Property tax $1,782 · NJ Transit pass $531 · on a $1,250,000 median single-family home
- Newark$3,260 / monthMortgage $2,399 · Property tax $676 · NJ Transit pass $184 · on a $440,000 median single-family home
More info
Each town uses its own headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), and its 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.
Home prices
Median sale price, single-family
- Bernards Twp (Basking Ridge)$1,250,000165 sales
- Newark$440,000274 sales
Median sale price, condo / townhouse
- Bernards Twp (Basking Ridge)$503,000140 sales
- Newark$340,000112 sales
Monthly mortgage
- Bernards Twp (Basking Ridge)$6,815 / month
- Newark$2,399 / month
More info
Principal & interest only; excludes taxes and insurance. Based on the single-family median unless a town's row says otherwise.
Source: GSMLS, 2025 closed sales
Property taxes
Average residential tax bill, 2025
- Bernards Twp (Basking Ridge)$14,715 / year$4,375 above the NJ average
- Newark$7,641 / year$2,699 below the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
More info
Bills compare better than raw tax rates, because towns assess homes at different shares of market value.
Schools
Meeting ELA standards
- Bernards Twp (Basking Ridge)81.9% Above NJ average
- Newark34.3% Below NJ average
- NJ state53.0%
Meeting math standards
- Bernards Twp (Basking Ridge)79.6% Above NJ average
- Newark22.0% Below NJ average
- NJ state42.0%
4-year graduation rate
- Bernards Twp (Basking Ridge)97.6% Above NJ average
- Newark90.0% Below NJ average
- NJ state91.8%
Chronic absenteeism
- Bernards Twp (Basking Ridge)6.4% Below NJ average
- Newark10.0% Below NJ average
- NJ state14.4%
Student:teacher ratio
- Bernards Twp (Basking Ridge)11:1
- Newark15:1
- NJ state12:1
Commute
NJ Transit adult monthly pass to NY Penn
- Bernards Twp (Basking Ridge)$531 / month
- Newark$184 / month
Peak commute time
- Bernards Twp (Basking Ridge)75 min
More info
Typical from Basking Ridge: 80.5 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 6 trips.
- Newark18 min
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Typical from Newark Penn Station: 20 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 19 trips.
Full pages: Bernards Twp (Basking Ridge) · Newark. Find a local expert if you want help weighing these two towns.