Why Live in East Rutherford
East Rutherford, a New York suburb in New Jersey, is located just 7 miles west of Midtown Manhattan, making it a convenient location for commuters. The neighborhood offers a mix of single-family homes, including Colonial Revivals, and several condominium complexes such as the River Renaissance Complex. Residents benefit from the Meadowlands Sports Complex, which provides a solid tax base and hosts MetLife Stadium, home to the New York Giants and Jets, as well as concerts by major artists like Taylor Swift and Beyoncé. Attractions in East Rutherford include Sesselman Park with views of the Passaic River, Riggin Memorial Field for local sports, and various pocket parks and playgrounds. The American Dream complex offers extensive shopping and entertainment options, including Nickelodeon Universe, DreamWorks Water Park, and Legoland Discovery Center. The neighborhood is served by the East Rutherford School District, with Henry P. Becton Regional High offering high-rated programs and career exploration opportunities. Paterson Avenue features a variety of shops and eateries, including sushi places, Mediterranean restaurants, and a diner. With a commute of less than 30 minutes into Manhattan, East Rutherford is a practical choice for those working in the city. The area has a low crime risk compared to the national average, adding to its appeal for families and professionals alike.
Frequently Asked Questions
What is the average home price in East Rutherford, NJ?
Homes for sale in East Rutherford, NJ have an average home price of $551,847.
How many homes have sold over the last 12 months in East Rutherford, NJ?
55 homes have sold in East Rutherford, NJ over the last 12 months.
What are the most popular zip codes in East Rutherford, NJ?
How much do you need to make to afford a house in East Rutherford?
The median home price in East Rutherford is $541,450. If you put a 20% down payment of $108,300 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $121K a year to afford the median home price in East Rutherford.
How are the schools in East Rutherford, NJ?
Home Trends in East Rutherford, NJ
On average, homes in East Rutherford, NJ sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in East Rutherford, NJ over the last 12 months is $533,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$533,000
Median Single Family Sale Price
$670,000
Median Townhouse Sale Price
$562,500
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$397,220
Average Price Per Sq Ft
$440
Number of Homes for Sale
6
Last 12 months Home Sales
55
Median List Price
$541,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%