Riverdale, NJ—07457
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverdale, NJ
As of Oct '25, the median home price in Riverdale, NJ is $477,000, with a year-over-year change of 3.5%. This indicates that home prices in Riverdale, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $477,000 | 3.5% |
| Single Family | $566,000 | 3.9% |
| Condos | $413,000 | 5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $349,000 | 3.3% |
2 Bed | $446,000 | 4.0% |
3 Bed | $593,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,540 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,500 | $2,320 |
| 2 Bed Rent | $2,900 | $3,060 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Riverdale, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverdale, NJ is 40. This is a increase of 43.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | -13.0% |
Listing Count | 17 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 40 | 43.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $2,500 | $2,650 |
| 2 Bedroom | $310 | $2,900 | $3,210 |
| 3 Bedroom | N/A | N/A | $4,040 |
| 4 Bedroom | N/A | N/A | $4,600 |
Affordability — Riverdale, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $477,000 |
| Median Household Income | $96,700 |