Freedom fell to North Hunterdon in overtime on Friday at SportsFest, while Reading edged Northampton on a buzzerbeater.
North Hunterdon earned a 38-37 win over the Patriots in pool play of the boys side.
Reading scored a late basket to pick up a 49-47 win in a hard-fought game with Northampton.
Among the girls matchups, Notre Dame posted a 28-22 win over Dieruff.
The tournament continues through the weekend, with the girls and boys championship games set for Sunday night at Cedar Beach Park.