Why Live in Oak Ridge
Oak Ridge is a residential neighborhood in northern New Jersey, situated off Route 23 and surrounded by lakes and expansive green spaces. The area is known for its unique attractions, including the Fairytale Forest theme park and the century-old "Ghost Bridge," which reemerged from Oak Ridge Reservoir during its draining in 2024. Oak Ridge has a population of about 11,000 and is approximately 40 miles northwest of New York City, making it a viable option for commuters. The neighborhood features a variety of single-family homes, including colonial, ranch-style, split-level, and Craftsman designs. Residents enjoy access to local amenities such as ACME Markets for groceries and several bars and chain restaurants along Route 23. For more dining and shopping options, the Rockaway Mall is less than 15 miles south. Outdoor enthusiasts can explore numerous hiking trails and recreational areas, including Rockaway River State Wildlife Management Area and Farny State Park. Oak Ridge is served by Jefferson Township Public Schools, which have a good rating. The Jefferson Township Police Department reports crime rates that are comparable to the national average. Route 23 provides convenient access to Interstate 287 and Interstate 80, facilitating travel to nearby towns and cities.
Home Trends in Oak Ridge, NJ
On average, homes in Oak Ridge, NJ sell after 33 days on the market compared to the national average of 50 days. The median sale price for homes in Oak Ridge, NJ over the last 12 months is $515,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$515,000
Median Single Family Sale Price
$519,000
Median 2 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$327
Number of Homes for Sale
11
Last 12 months Home Sales
71
Median List Price
$524,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%