River Edge, NJ Housing

River Edge, NJ has a median housing value of $638,600, which is significantly higher than the United States median of $338,100. The appreciation rate in River Edge over the past year was 10.32%, which is greater than the US 1 year house appreciation rate of 8.27%. Clearly, the housing market in River Edge is on an upward trend and demonstrates that it is an attractive location for potential homebuyers.

The median home cost in River Edge is $638,600. Home appreciation the last 10 years has been 52.1%. Home Appreciation in River Edge is up 9.0%.

Average Age of Homes

- The median age of River Edge real estate is 66 years old

The Rental Market in River Edge

- Renters make up 25.1% of the River Edge population
- 0.5% of houses and apartments in River Edge, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	River Edge, New Jersey	United States
	4,503.0	139,647,020.0
	68	42
	$638,600	$338,100
	9.0%	16.6%
	33.0%	57.0%
	52.1%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	74.2%	57.4%
	3.4%	11.2%
	22.4%	31.4%
Vacant Housing
	0.5%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.7%	20.1%
	11.1%	13.6%
	29.7%	8.3%
	43.1%	9.7%
	14.1%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	1.8%	13.6%
	6.4%	13.2%
	5.2%	14.8%
	1.8%	13.6%
	22.6%	10.0%
	26.1%	4.7%
	18.0%	12.2%