Overview

Let us manage your Basking Ridge Rental Property

Owning a residential rental property can be a lucrative investment, but can also come with headaches and worries. Find a skilled Basking Ridge residential property manager to help save you time and money.

The Power Is in the Process.

PMI residential property managers follow a proven process throughout the rental cycle, maximizing everything from marketability to rental price. And if there’s any maintenance required, we’ve got you covered. Our licensed and insured vendors will take care of it. Trust the power of the process and enjoy the peace of mind a good property manager provides.

Ready
Select
Protect
Renew

Get In Touch With Us

Fill out the form below and we will be in touch. Want immediate help? Call us at 973.658.7500 .

Owner or Renter?

Step 1: Ready

With over $5 billion of assets under management, PMI is the expert in residential property management. During the Ready process, we thoroughly analyze and inspect your property, making recommendations and repairs for ideal marketability. From there, we gather professional property photos, display the needed signage, and engage the use of lock boxes to maximize showings. Once that is set up, we advertise on the PMI Syndicated Network, both locally and nationally.

Property Walkthrough

Professional-quality photography
Detailed property description intake
Secure property access

Exclusive PMI Listing Network

Live listings on dozens of credible websites
Personalized and enticing listings
Broad and effective advertising

Maximize Your Revenue

Thorough assessment and pricing based on sophisticated data
Property improvement recommendations to increase profitability
Exceptional maintenance and protection plan for the property

MORE +

Step 2: Select

Once the property is ready, we Select a qualified tenant following Fair Housing law to lease your property. We start this step with a professional showing system that includes self-showing and 24/7 online access backed by a driver’s license and credit card requirement. Applicants will then go through our advanced screening process, which uses industry-best technology to screen each applicant properly. At PMI, we never lose sight of getting the lease signed and the property occupied.

Showings

Professional showing system
In-person or self-showings for pre-screened prospective residents
Safe and reliable walkthroughs

Screenings and Approvals

Advanced tenant screening to minimize risk while maximizing occupancy and rental revenue
Approvals comply with fair housing, credit reporting, and privacy requirements

Lease Signing

Electronic leasing process for faster lease signings and tenant move-ins

Benefits

Faster property occupancy
Reduced risk of identification scams
Placement of highest qualified tenants

MORE +

Step 3: Protect

PMI will Protect your investment into the future by managing your property through industry-leading accounting, maintenance, and communication. We ensure on-time rent collection and promise to manage a property as if it’s our own. Property owners can rest assured knowing they will get their funds by the 10th working day of each month. They also receive expense reports and a monthly accounting statement, along with tax statements. If any maintenance is required, we’ve got you covered. Our licensed and insured vendors will take care of it.

Manage Lease Terms

On-time rent collection
Properties managed like they’re our own
Tenant compliance support

Accounting

Fast delivery of owner funds
Copies of all expense receipts
Accurate real-time statements
End-of-year statement and 1099 tax reporting

Property Maintenance

Pre-tenant move-in review
Annual or semi-annual property review
Final walkthrough

MORE +

Step 4: Renew

The result of Ready, Select, Protect is a quality tenant who will Renew their lease and enhance the return on your investment. The renewal process starts 90 days in advance. We analyze the tenant’s payment performance, assess the property’s condition and conduct a market analysis (for any updates on the rental price).

Results and Improvements Review

60-day advanced renewal process
Tenant payment performance analysis
Property reviews assessment
Comparable-based market analysis

New Lease and New Tenant Support

60-day advanced marketing
Property set up for renting

MORE +

Are You Maximizing the Return on Your Rental Investment?

Enter your info and receive a free report about your property and neighborhood!

Receive Your Free Report

Shortly after submitting your information, you’ll receive a personalized property analysis report evaluating your home with a suggested rent range and market data.

Expert Evaluation

The property’s location, condition, and amenities will determine the actual rental value of your home. To get the most accurate value possible, please speak with one of our market analysis experts.

As Your Basking Ridge Property Manager, We Do More Than Find Great Tenants.

Property Marketing

We work to quickly find the right tenant for your property and use our proven marketing methods to attract high-quality applicants.

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Tenant Screening

Every application undergoes careful screening, with background and financial checks designed to keep your interests protected.

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Rent Collection

Getting your rent payment on time shouldn’t be a guessing game. We handle all billing, and work to get your money to you on time.

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Property Maintenance

We know how to keep your property in optimal condition. We handle all maintenance requests and coordinate needed repairs for you.

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Accounting and Financial Reporting

PMI provides accurate worry-free accounting to owners with monthly reports and any-time access to our reporting dashboard.

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Evictions

If a tenant relationship ever takes a turn for the worse, we can process the eviction for you and minimize its impact on your bottom line.

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Property Inspections

Our regular in-person inspections allow us to identify potential problems in advance and keep your home healthy.

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Legal Compliance

We monitor the laws and insurance regulations that impact your property and work to ensure that your property is legally compliant.

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Home Watch

For owners of second homes who want the security of knowing their property is being watched and cared for while they are away.

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Rest Easy Knowing Your Rental Is Protected.

30-Day

We guarantee to find a quality tenant for your rental property in less than 30 days, or we will waive the first month of management fees!

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Eviction

If a screened tenant placed by PMI Prime Property ever has to be evicted, we handle the eviction process, including the costs or fees associated with eviction, up to $2,000.

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On-Time Rent

When a tenant pays rent on time, we promise to have your owner’s payment in your account within ten business days. If not, we will give you back that month’s management fee.

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Happiness

If, for any reason, you are not completely happy with our services and want to leave us, you may cancel your property management agreement without penalty with 30 days notice.

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Pet

Most property owners are unaware of the benefits of having a pet-friendly property and that their real estate investment can become more valuable when tenants are permitted to bring pets.

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Results

We don’t get paid until you get paid. With PMI Prime Property, you will have peace of mind, knowing that we are working hard for you, and you will not need to pay us until you get results.

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Leasing

You should never have to pay twice for us to find a new tenant for your property. Our leasing guarantee states that we will find a new tenant for free if a tenant does not fulfill at least nine months of a lease term.

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We believe in the best customer experience possible and guarantee our results! Let us show you the difference PMI Prime Property can make. Schedule A Consult

Investing In Basking Ridge Rental Properties

Basking Ridge, NJ, stands out as a premier location for real estate investing and property management, thanks to its dynamic market growth and a range of local attractions that make it highly appealing to both investors and residents. Basking Ridge's real estate market is robust, showcasing significant appreciation and strong demand. As of 2024, the median home price in Basking Ridge is $923,000, reflecting a 14.7% increase over the past year. Homes in this area receive an average of 10 offers and typically sell within 11 days, indicating a highly competitive market. The market's competitive nature is further highlighted by a 32.7% increase in the median price per square foot, now standing at $457.

Market Growth Statistics

Median Home Price: $923,000 (up 14.7% YoY)
Median Listing Price: $829,000
Average Days on Market: 11 days
Sale-to-List Price Ratio: 105%, with many homes selling above their listing prices

Local Attractions

Basking Ridge offers a variety of attractions that enhance its community appeal. The area is known for its beautiful parks and recreational facilities, including the Lord Stirling Park and the Environmental Education Center, which provide opportunities for hiking, bird watching, and educational programs. The Great Swamp National Wildlife Refuge is another local gem, offering a sanctuary for wildlife and a peaceful retreat for residents.

The town also boasts historical sites such as the Basking Ridge Presbyterian Church, which is home to the oldest white oak tree in America, and the Brick Academy, a historic schoolhouse turned museum. Additionally, the vibrant downtown area features a mix of boutique shops, restaurants, and cafes, contributing to a lively community atmosphere.

Basking Ridge's excellent school system, including top-rated public schools and private institutions, makes it an attractive place for families. The town's proximity to major highways and public transportation options also provides easy access to New York City and other surrounding areas, making it convenient for commuters.

Ready to Invest in Basking Ridge, NJ?

Investing in Basking Ridge, NJ, presents a lucrative opportunity driven by strong market growth, competitive property prices, and a vibrant local economy. The area's mix of natural beauty, historical significance, excellent schools, and convenient location make it an ideal choice for real estate investors and property managers.

Areas We Serve

Don’t see your neighborhood? These are just a few cities and communities we offer management services to. Contact us if you don’t see yours; we are always looking to expand!

Northern New Jersey Property Management

Overview

Let us manage your Basking Ridge Rental Property

The Power Is in the Process.

Get In Touch With Us

Step 1: Ready

Property Walkthrough

Exclusive PMI Listing Network

Maximize Your Revenue

Step 2: Select

Showings

Screenings and Approvals

Lease Signing

Benefits

Step 3: Protect

Manage Lease Terms

Accounting

Property Maintenance

Step 4: Renew

Results and Improvements Review

New Lease and New Tenant Support

Receive Your Free Report

Expert Evaluation

Property Marketing

Tenant Screening

Rent Collection

Property Maintenance

Accounting and Financial Reporting

Evictions

Property Inspections

Legal Compliance

Home Watch

How much rent can you get for your investment? Find out now!

Rest Easy Knowing Your Rental Is Protected.

30-Day

Eviction

On-Time Rent

Happiness

Pet

Results

Leasing

Investing In Basking Ridge Rental Properties

Market Growth Statistics

Local Attractions

Ready to Invest in Basking Ridge, NJ?

Schedule Your Free Consultation Today!