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Features
| Balcony | Carpet |
| Central Air | Fireplace |
| Furnished | High Ceilings |
| Loft |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Basement | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage | Swimming Pool |
Other
| Eight Rooms |
One-time.
One-time. Refundable.
Property Status: Active FULLY FURNISHED 2BR, 3.5BA townhome in the highly sought Cedars development in Basking Ridge available for rent! Enjoy peaceful living with natural views and cathedral ceilings with skylights inviting an abundance of natural light to fill the space. The interior features an updated eat-in kitchen with custom cabinetry including a wine rack, stainless steel appliances, and sliders that open onto the deck creating a seamless indoor-outdoor dining experience. A formal dining room leads to the living room, which features a wood-burning fireplace and another set of sliders onto the deck. The first floor also includes a powder room, laundry, and garage entrance. The 2nd level features a spacious loft with skylights leading to the primary bedroom that includes a full bathroom, two closets, and balcony. The second bedroom has a full en-suite bathroom. The basement adds another FULL bathroom and extra living space with a variety of options for use. This townhome also includes a one-car garage and an outdoor storage closet with access from the deck. As a tenant, you'll also enjoy access to a range of community amenities, including an outdoor pool, playground, tennis courts, and basketball courts. This property is further enhanced by its proximity to top-ranked schools, as well as convenient transportation options, with easy access to I78, I-287, and NYC trains and buses. Office Phone: (908) 233-8502 Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 240 Arrowood Way compares to other nearby properties.
Positives
Considerations
| Zip code | 07920 |
|---|---|
| Type | House for rent |
2-bedroom apartments at 240 Arrowood Way cost about 33% more than the average rent price for 2-bedroom apartments in Basking Ridge.
| Month | Median Rent |
|---|---|
| June 2024 | $3,385 |
| July 2024 | $3,456 |
| August 2024 | $3,310 |
| September 2024 | $3,312 |
| October 2024 | $3,343 |
| November 2024 | $3,279 |
| December 2024 | $3,238 |
| January 2025 | $3,325 |
| February 2025 | $3,237 |
| March 2025 | $2,947 |
| April 2025 | $2,600 |
| May 2025 | $2,825 |
| June 2025 | $2,825 |
| July 2025 | $2,900 |
| August 2025 | $2,771 |
| September 2025 | $2,883 |
| October 2025 | $2,664 |
| November 2025 | $2,820 |
| December 2025 | $2,625 |
| January 2026 | $2,514 |
| February 2026 | $2,666 |
| March 2026 | $2,743 |
| April 2026 | $2,731 |
| May 2026 | $2,700 |
Can I afford to live at 240 Arrowood Way?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$144,000/yr
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