Park Ridge, NJ—07656
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$858,000
4.1% YoY Growth
Household Income
$165,000
39.5% YoY Growth
Days on Market
13
54.0% Shorter YoY
Home Price Forecast
1.0%
Median Rent
$2,700
3.9% YoY Growth
1-Bed Rent
$2,150
4.7% YoY Growth
2-Bed Rent
$2,980
10.5% YoY Growth
3-Bed Rent
$3,950
2.5% YoY Growth
Home Price Trends — Park Ridge, NJ
As of May '26, the median home price in Park Ridge, NJ is $858,000, with a year-over-year change of 4.1%. This indicates that home prices in Park Ridge, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $858,000 | 4.1% |
| Single Family | $873,000 | 3.9% |
| Condos | $460,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |