Preheat oven to 425ºF.

Add mozzarella and cream cheese to a microwave safe bowl and microwave on full power for 1 minute. Stir then continue to microwave for another 30 seconds to 1 minute, or until cheese is fully melted. Add in remaining crust ingredients and stir until evenly combined.

Shape the dough into a ball and then press between two pieces of parchment paper. Use a rolling pin to roll the dough into a 12-inch pizza. Remove the top piece of parchment paper and transfer the dough onto a baking sheet. Bake for 10-15 minutes, or until golden on top. Flip the dough and bake on the under side until golden, a few minutes more.

Remove pizza crust from the oven, spread the red sauce over top, sprinkle with cheese, and scatter pepperoni over top. Return to the oven and bake for 10-12 minutes, or until cheese is melted. Let cool for a few minutes before sprinkling with basil and serve.