Zip 07656 (Park Ridge, NJ) Housing

The housing market in Park Ridge, NJ (07656) is significantly higher than the national average. According to recent data, the median value of houses in Park Ridge is $646,000 compared to the US median house value of $338,100. The one-year appreciation of houses in Park Ridge is also 10.32%, which is slightly more than the US average of 8.27%. This indicates that Park Ridge's housing market is strong and likely to appreciate further in the coming years.

The median home cost in Park Ridge (zip 07656) is $646,000. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Park Ridge (zip 07656) is up 9.0%.

Average Age of Homes

- The median age of Park Ridge (zip 07656) real estate is 52 years old

The Rental Market in Park Ridge (zip 07656)

- Renters make up 21.2% of the Park Ridge (zip 07656) population
- 0.8% of houses and apartments in Park Ridge (zip 07656), 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	Park Ridge, New Jersey	United States
	3,523.0	139,647,020.0
	58	42
	$646,000	$338,100
	9.0%	16.6%
	33.0%	57.0%
	52.1%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	78.5%	57.4%
	7.9%	11.2%
	13.6%	31.4%
Vacant Housing
	0.8%	1.9%
	0.8%	0.4%
	2.4%	0.7%
	1.6%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.3%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	1.4%	13.0%
	2.0%	20.1%
	6.8%	13.6%
	15.0%	8.3%
	52.2%	9.7%
	15.2%	3.9%
	5.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	6.1%	13.6%
	7.6%	13.2%
	13.6%	14.8%
	6.1%	13.6%
	25.4%	10.0%
	3.2%	4.7%
	14.4%	12.2%

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