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Riverdale, NJ—07457

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$492,000
4.2% YoY Growth
Household Income
$96,700
12.0% YoY Growth
Days on Market
24
25.0% Longer YoY
Home Price Forecast
1.0%
Median Rent
$2,540
4.7% YoY Growth
1-Bed Rent
$2,500
2.5% YoY Growth
2-Bed Rent
$2,900
2.0% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Riverdale, NJ

As of May '26, the median home price in Riverdale, NJ is $492,000, with a year-over-year change of 4.2%. This indicates that home prices in Riverdale, NJ are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$492,0004.2%
Single Family $588,0004.6%
Condos $424,0004.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $362,000
    5.2%
    2 Bed
    		$458,0005.0%
    3 Bed
    		$614,0004.2%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    19.1%
    2 Bedrooms
    46.6%
    3 Bedrooms
    25.0%
    4 Bedrooms
    8.1%
    5+ Bedrooms
    1.2%

    Rental Trends — Riverdale, NJ

    As of July '25, Rentcast reports the average rent in Riverdale, NJ is $2,650, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Riverdale, NJ is 1-bedrooms: $2,320, 2-bedrooms: $3,060. The most common rental property sizes in Riverdale, NJ are 2-bedroom and 1-bedroom, accounting for 39.2% and 32.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,540$2,650
    Studio Rent N/AN/A
    1 Bed Rent $2,500$2,320
    2 Bed Rent $2,900$3,060
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    32.7%
    2 Bedrooms
    39.2%
    3 Bedrooms
    13.7%
    4 Bedrooms
    12.0%
    5+ Bedrooms
    2.5%

    Property Listings — Riverdale, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Riverdale, NJ is 24. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$450,000-1.0%
    Listing Count
    		1235.0%
    Listings as % of Homes0.5%35.0%
    Days on Market
    		2425.0%
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    Demographics — Riverdale, NJ

    As of the latest ACS Survey released in 2023, Riverdale, NJ has a population of 4,080, which has decreased by -3.4% over the past 5 years. Riverdale, NJ is a moderately popular place for families, as children make up 17.3% of the population. The area has a highly educated workforce, with 47.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,080-3.4%
    % Under 18
    		17.3%-8.0%
    % Seniors
    		21.8%26.7%
    % WFH
    		13.7%191.5%
    % w/ College Degree
    		47.7%-0.6%
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    As of the latest ACS Survey released in 2023, Riverdale, NJ is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Riverdale, NJ is hispanic, making up 15.4% of the population. Foreign-born residents account for 16.9% of the population in Riverdale, NJ, and this percentage has increased by 16.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		75.2%-6.8%
    % Black
    		1.7%∞%
    % Hispanic
    		15.4%15.8%
    % Asian
    		3.8%-22.4%
    % Foreign Born
    		16.9%16.6%
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    Mortgage and Risk — Riverdale, NJ

    According to HUD data as of 2023, there were 81 mortgage originations in Riverdale, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Riverdale, NJ. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		81
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Riverdale, NJ

    Riverdale, NJ lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		0.9%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$150$2,500$2,650
    2 Bedroom$310$2,900$3,210
    3 BedroomN/AN/A$4,040
    4 BedroomN/AN/A$4,600

    Affordability — Riverdale, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.1
    Median Home Price$492,000
    Median Household Income$96,700

    Riverdale, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07444

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    Frequently Asked Questions