“How much does a basement remodel cost in South Jersey?” Is the first crucial question every homeowner asks us at Ideal Remodeling, where we’ve had the privilege of completing many finished basements across the region. If you’ve been thinking about transforming your unfinished basement into a functional living space for entertaining, working, or relaxing, you’re not just adding square footage—you’re fundamentally changing how you use and enjoy your home.

If you’ve been thinking about transforming your unfinished basement into a functional living space, you’re not alone. Basement remodels are one of the most cost-effective ways to add square footage to your home without building an addition — and they can completely change how you use your home.

Average Basement Remodel Cost in South Jersey

In South Jersey, a typical 1000-1200 sq.ft. basement remodel ranges from about $65,000 for a very basic rec. area to $150,000 for a basement with a bathroom and wet bar. Price is dependent on the over all size, layout, and finishes.

So What Affects A Basement Remodel Cost in South Jersey?

1. Size and Layout

The larger the space, the more materials, flooring, drywall, and lighting you’ll need. Open layouts generally cost less per square foot than basements divided into multiple rooms.

2. Bathrooms

Adding a simple powder room can add around $15,000. Full 3 piece bathrooms will start at around $25,000 and go up from there. Larger bathrooms with soaking tubs, custom tile showers, double bowl sinks and upgraded fixtures can bring costs up significantly. Expect $50,000 plus for the larger bathroom.

3. Bar or Kitchenette

A wet bar or kitchenette adds both style and functionality, but it also involves plumbing, electrical, cabinetry, and countertops, typically an additional $10,000 to $30,000. While larger bars/kitchenettes with upgraded appliances, ice-makers and custom features will exceed those costs.

4. Flooring and Finishes

Luxury vinyl plank (LVP) flooring is one of the most popular basement options because it’s durable and water-resistant. Carpet in a TV or game areas adds warmth and comfort. Your choice of finishes has a big impact on overall price. LVP is not only more expensive but can require more floor prep for a proper installation.

5. Lighting and Electrical Work

Recessed lighting, sconces, and feature lighting like accent walls or fireplace areas can add visual appeal and enhance the finished look. Let’s not forget to make sure your electrical panel has the space for all of this new electric. Sub panels are required more times than not.

6. Custom Features

Many homeowners are adding shiplap or trimmed accent walls, electric fireplaces, built-in shelving, or soundproofing for media rooms — each adding unique character and value to the basement.

7. Egress Windows

If the space is being used as a bedroom then an egress window will be required. If it is just a recreation space it is not required but recommended. This can increase the cost from 10-20k depending on the method used.

Why Finish Your Basement Instead of Building an Addition?

Finishing your basement is one of the best investments you can make in your home. Typically a basement remodel cost in South Jersey is about 40–50% less than building an addition, and it adds valuable living space without changing your home’s footprint. It’s also a great way to increase resale value, a well-finished basement can provide an immediate return of 70–75% on investment, according to industry averages. Plus once it’s completed there aren’t thousands in landscaping costs to be completed. An expense that is many times overlooked when building an addition.

Start Your Basement Remodel with Ideal Remodeling

Whether you want a family-friendly hangout, a home gym, an entertainment zone with a bar, or a guest suite, Ideal Remodeling can help you design and build a space that fits your needs and budget.

We handle every part of the process, from design and permitting to framing, electrical, plumbing, and finishing touches. Our team is based right here in South Jersey, and we take pride in turning basements into beautiful extensions of your home.

Ready to get started?

Contact Ideal Remodeling today to schedule your basement consultation and discover what’s possible beneath your home.