River Vale, NJ 07675 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

River Vale, NJ—07675

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$924,000

6.4% YoY Growth

Household Income

$177,000

42.3% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

1.4%

Median Rent

$3,950

8.4% YoY Growth

1-Bed Rent

$2,110

1.9% YoY Growth

2-Bed Rent

$3,350

11.1% YoY Growth

3-Bed Rent

$5,200

15.0% YoY Growth

Home Price Trends — River Vale, NJ

As of May '26, the median home price in River Vale, NJ is $924,000, with a year-over-year change of 6.4%. This indicates that home prices in River Vale, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$924,000	6.4%
Single Family	$952,000	6.6%
Condos	$603,000	6.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — River Vale, NJ

As of July '25, Rentcast reports the average rent in River Vale, NJ is $4,240, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in River Vale, NJ is studios: $1,750, 1-bedrooms: $2,140, 2-bedrooms: $3,490, 3-bedrooms: $5,420, 4-bedrooms: $5,370. The most common rental property sizes in River Vale, NJ are 1-bedroom and 2-bedroom, accounting for 42.8% and 35.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,950	$4,240
Studio Rent	$1,750	$1,750
1 Bed Rent	$2,110	$2,140
2 Bed Rent	$3,350	$3,490
3 Bed Rent	$5,200	$5,420
4 Bed Rent	$5,500	$5,370

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% of Rental Stock

Studio

2.1%

1 Bedroom

42.8%

2 Bedrooms

35.0%

3 Bedrooms

12.0%

4 Bedrooms

8.0%

Property Listings — River Vale, NJ

As of May '26, Realtor.com reports that the median days on market for a home in River Vale, NJ is 19. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,050,000	-10.0%
Listing Count	54	12.0%
Listings as % of Homes	0.5%	12.0%
Days on Market	19	-5.0%

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Demographics — River Vale, NJ

As of the latest ACS Survey released in 2023, River Vale, NJ has a population of 27,000, which has remained stable by 0.0% over the past 5 years. River Vale, NJ is a moderately popular place for families, as children make up 22.1% of the population. The area has a highly educated workforce, with 65.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,000	0.0%
% Under 18	22.1%	-6.4%
% Seniors	19.2%	1.6%
% WFH	20.4%	155.0%
% w/ College Degree	65.2%	13.6%

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As of the latest ACS Survey released in 2023, River Vale, NJ is a predominantly white area, with 65.6% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in River Vale, NJ is asian, making up 16.3% of the population. Foreign-born residents account for 18.6% of the population in River Vale, NJ, and this percentage has increased by 15.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	65.6%	-11.8%
% Black	1.9%	11.8%
% Hispanic	12.8%	19.6%
% Asian	16.3%	55.2%
% Foreign Born	18.6%	15.5%

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Mortgage and Risk — River Vale, NJ

According to HUD data as of 2023, there were 455 mortgage originations in River Vale, NJ, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in River Vale, NJ. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	455
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — River Vale, NJ

As of 2024, the percent of homes in River Vale, NJ under the Section 8 program is 12.7%. 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 units appear to be good home sizes to consider for Section 8 housing in River Vale, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	313
Total Units Section 8	249
% Rentals under Section 8	12.7%
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$210	$2,110	$2,320
2 Bedroom	-$690	$3,350	$2,660
3 Bedroom	-$1,930	$5,200	$3,270
4 Bedroom	-$1,360	$5,500	$4,140

River Vale, NJ—07675

Key Metrics at a Glance

Home Price Trends — River Vale, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Vale, NJ

% of Rental Stock

Property Listings — River Vale, NJ

Demographics — River Vale, NJ

Race and Ethnicity

Mortgage and Risk — River Vale, NJ

Mortgages

Rentals and Section 8 — River Vale, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — River Vale, NJ

Home Price to Income Ratio

River Vale, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Harrington Park, NJ

Emerson, NJ

Hillsdale, NJ

Park Ridge, NJ

Haworth, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$924,000
Median Household Income	$177,000

River Vale, NJ—07675

Key Metrics at a Glance

Home Price Trends — River Vale, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Vale, NJ

% of Rental Stock

Property Listings — River Vale, NJ

Demographics — River Vale, NJ

Race and Ethnicity

Mortgage and Risk — River Vale, NJ

Mortgages

Rentals and Section 8 — River Vale, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — River Vale, NJ

Home Price to Income Ratio

River Vale, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Harrington Park, NJ

Emerson, NJ

Hillsdale, NJ

Park Ridge, NJ

Haworth, NJ

Frequently Asked Questions

What is the average home price in River Vale, NJ 07675?

How have home prices in River Vale, NJ 07675 changed over the past year?

What is the home price projection for River Vale, NJ 07675?

What are the demographics of River Vale, NJ 07675?

How long does it take homes to sell in River Vale, NJ 07675?

What is the average rent price in River Vale, NJ 07675?