Why Live in Park Ridge
Park Ridge, a small borough in Bergen County, is known for its walkability and proximity to the New York State border, just two miles away. The neighborhood is home to nearly 9,000 residents, with a mix of townhouses, condominiums, and single-family homes. Notable developments include Bears Nest, a luxury gated community with amenities like a fitness center, pool, and tennis courts. Housing styles range from colonials and split-levels to ranch-style homes, many built between the 1950s and 1970s, with some modern replacements. Park Ridge has its own utility system, offering residents reduced rates on water and electricity. The local schools are highly rated, with East Brook Elementary, West Ridge Elementary, and Park Ridge High School all receiving high marks. For things to do, the Park Ridge Recreation & Cultural Committee organizes events year-round, including parades, a summer concert series, and an annual town picnic. The Park Ridge Municipal Pool is a popular summer spot, offering swim lessons and competitive teams. Dining options include The Ridge Diner, Goldberg's Original Bagels, and The Park Steakhouse. For shopping, residents can visit nearby Lidl, Wegmans, and Whole Foods, or drive 10 miles to the Palisades Center mall. Commuting to Manhattan is convenient, with train and bus options available. Park Ridge is safer than the national average, making it a practical choice for families.
Frequently Asked Questions
What is the average home price in Park Ridge, NJ?
Homes for sale in Park Ridge, NJ have an average home price of $829,653.
How many homes have sold over the last 12 months in Park Ridge, NJ?
85 homes have sold in Park Ridge, NJ over the last 12 months.
What are the most popular zip codes in Park Ridge, NJ?
How much do you need to make to afford a house in Park Ridge?
The median home price in Park Ridge is $775,000. If you put a 20% down payment of $155,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $4,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $173K a year to afford the median home price in Park Ridge.
How are the schools in Park Ridge, NJ?
Home Trends in Park Ridge, NJ
On average, homes in Park Ridge, NJ sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in Park Ridge, NJ over the last 12 months is $810,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$810,000
Median Single Family Sale Price
$810,000
Median 2 Bedroom Sale Price
$444,950
Median 1 Bedroom Sale Price
$340,000
Average Price Per Sq Ft
$427
Number of Homes for Sale
13
Last 12 months Home Sales
85
Median List Price
$775,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
6%