Zip 07450 (Ridgewood, NJ) Housing

The housing market in 07450 Ridgewood, NJ is quite expensive compared to the US median value, with a median of $855,400. Despite being more expensive than the median, the house appreciation rate for this area is still lower than the appreciation rate across the country at 7.56%. This indicates that while housing in 07450 Ridgewood, NJ may be more costly than other parts of the country, it still has room to grow in terms of property value.

The median home cost in Ridgewood (zip 07450) is $855,400. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Ridgewood (zip 07450) is up 12.7%.

Average Age of Homes

- The median age of Ridgewood (zip 07450) real estate is 70 years old

The Rental Market in Ridgewood (zip 07450)

- Renters make up 20.3% of the Ridgewood (zip 07450) population
- 0.6% of houses and apartments in Ridgewood (zip 07450), 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	Ridgewood, New Jersey	United States
	8,979.0	139,647,020.0
	71	42
	$855,400	$338,100
	12.7%	16.6%
	39.2%	57.0%
	51.6%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	79.2%	57.4%
	3.6%	11.2%
	17.3%	31.4%
Vacant Housing
	0.6%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.9%	11.3%
	0.2%	13.0%
	1.8%	20.1%
	2.0%	13.6%
	7.1%	8.3%
	32.9%	9.7%
	30.8%	3.9%
	15.0%	2.2%
	5.8%	0.8%
	3.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.8%	13.6%
	0.8%	13.6%
	1.9%	13.6%
	5.5%	13.2%
	5.6%	14.8%
	1.9%	13.6%
	22.6%	10.0%
	12.1%	4.7%
	38.1%	12.2%

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