Ridgefield, NJ 07657 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ridgefield, NJ—07657

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$747,000

4.0% YoY Growth

Household Income

$116,000

71.4% YoY Growth

Days on Market

17.0% Longer YoY

Home Price Forecast

2.4%

Median Rent

$2,500

5.1% YoY Growth

1-Bed Rent

$2,000

5.4% YoY Growth

2-Bed Rent

$2,500

8.6% YoY Growth

3-Bed Rent

$3,000

1.5% YoY Growth

Home Price Trends — Ridgefield, NJ

As of Dec '25, the median home price in Ridgefield, NJ is $747,000, with a year-over-year change of 4.0%. This indicates that home prices in Ridgefield, NJ are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$747,000	4.0%
Single Family	$759,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ridgefield, NJ

As of July '25, Rentcast reports the average rent in Ridgefield, NJ is $2,770, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Ridgefield, NJ is 1-bedrooms: $1,950, 2-bedrooms: $2,640, 3-bedrooms: $3,410, 4-bedrooms: $3,000. The most common rental property sizes in Ridgefield, NJ are 2-bedroom and 1-bedroom, accounting for 61.1% and 21.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,770
Studio Rent	N/A	N/A
1 Bed Rent	$2,000	$1,950
2 Bed Rent	$2,500	$2,640
3 Bed Rent	$3,000	$3,410
4 Bed Rent	$3,000	$3,000

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% of Rental Stock

Studio

0.6%

1 Bedroom

21.0%

2 Bedrooms

61.1%

3 Bedrooms

15.9%

4 Bedrooms

1.4%

Property Listings — Ridgefield, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Ridgefield, NJ is 36. This is a increase of 38.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$838,000	22.0%
Listing Count	12	6.0%
Listings as % of Homes	0.3%	6.0%
Days on Market	34	17.0%

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Demographics — Ridgefield, NJ

As of the latest ACS Survey released in 2023, Ridgefield, NJ has a population of 11,400, which has increased by 1.7% over the past 5 years. Ridgefield, NJ is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 47.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,400	1.7%
% Under 18	17.7%	-7.8%
% Seniors	15.7%	13.8%
% WFH	9.2%	240.7%
% w/ College Degree	47.2%	24.2%

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As of the latest ACS Survey released in 2023, Ridgefield, NJ is a predominantly hispanic area, with 35.2% of the population identifying as hispanic. The hispanic population has grown by 17.3% in the last 5 years. The second most common race or ethnicity in Ridgefield, NJ is white, making up 32.5% of the population. Foreign-born residents account for 41.7% of the population in Ridgefield, NJ, and this percentage has decreased by 15.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	32.5%	-11.0%
% Black	2.4%	100.0%
% Hispanic	35.2%	17.3%
% Asian	26.3%	-12.3%
% Foreign Born	41.7%	-15.1%

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Mortgage and Risk — Ridgefield, NJ

According to HUD data as of 2023, there were 90 mortgage originations in Ridgefield, NJ, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Ridgefield, NJ. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	90
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Ridgefield, NJ

As of 2024, the percent of homes in Ridgefield, NJ under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Ridgefield, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	51
Total Units Section 8	51
% Rentals under Section 8	2.1%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$2,000	$2,010
2 Bedroom	-$200	$2,500	$2,300
3 Bedroom	-$170	$3,000	$2,830
4 Bedroom	$580	$3,000	$3,580

Ridgefield, NJ—07657

Key Metrics at a Glance

Home Price Trends — Ridgefield, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgefield, NJ

% of Rental Stock

Property Listings — Ridgefield, NJ

Demographics — Ridgefield, NJ

Race and Ethnicity

Mortgage and Risk — Ridgefield, NJ

Mortgages

Rentals and Section 8 — Ridgefield, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgefield, NJ

Home Price to Income Ratio

Ridgefield, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Fairview, NJ

Ridgefield Park, NJ

Palisades Park, NJ

Cliffside Park, NJ

Little Ferry, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$747,000
Median Household Income	$116,000

Ridgefield, NJ—07657

Key Metrics at a Glance

Home Price Trends — Ridgefield, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgefield, NJ

% of Rental Stock

Property Listings — Ridgefield, NJ

Demographics — Ridgefield, NJ

Race and Ethnicity

Mortgage and Risk — Ridgefield, NJ

Mortgages

Rentals and Section 8 — Ridgefield, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgefield, NJ

Home Price to Income Ratio

Ridgefield, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Fairview, NJ

Ridgefield Park, NJ

Palisades Park, NJ

Cliffside Park, NJ

Little Ferry, NJ

Frequently Asked Questions

What is the average home price in Ridgefield, NJ 07657?

How have home prices in Ridgefield, NJ 07657 changed over the past year?

What is the home price projection for Ridgefield, NJ 07657?

What are the demographics of Ridgefield, NJ 07657?

How long does it take homes to sell in Ridgefield, NJ 07657?

What is the average rent price in Ridgefield, NJ 07657?