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Foreclosure Homes in Park Ridge, NJ 07656

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Park Ridge, NJ Foreclosures

How much do homes sell for in Park Ridge, NJ?
The average home price is currently $815,125.
In Park Ridge, NJ, how many homes are available?
There are currently 28 active home listings available in Park Ridge.
What’s the average rental cost in Park Ridge, NJ?
The average rental price in Park Ridge is $2,680.
What is the most expensive home in Park Ridge?
The most expensive home sold in Park Ridge had a price of $14,800,871.
What is currently the cheapest priced home in Park Ridge, NJ?
The cheapest home for sale in Park Ridge is priced at $29,320.

Living in Park Ridge, NJ

Park Ridge, NJ, is a charming suburban town in Bergen County, known for its friendly atmosphere and excellent schools. Nestled just a short distance from New York City, it's ideal for those seeking a quiet residential lifestyle while still having access to urban conveniences. The town offers numerous parks, local amenities, and a strong sense of community, making it a great place to live.

Current Market Conditions in Park Ridge, NJ

The current real estate market in Park Ridge is showing signs of steady growth, with an increase in home values over the past year. Buyers are attracted to the area's family-friendly environment and excellent school systems, contributing to a competitive market. Inventory levels are relatively low, leading to quicker sales and, in some cases, bidding wars for desirable properties.

Home Value Estimator For Park Ridge, NJ

There are currently 3,170 real estate properties in Park Ridge, NJ, with a median automated valuation model (AVM) price of $781,041.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Park Ridge, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Park Ridge, NJ, is $815,125.00, with the most expensive house in Park Ridge, NJ, topping out at $14,800,871.00 and the cheapest home in Park Ridge, NJ, clocking in at $29,320.00. In other words, there’s something for every potential homebuyer or savvy investor in Park Ridge, NJ!

Rent Prices In Park Ridge, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park Ridge, NJ, is on a rollercoaster ride. The average rent price in Park Ridge, NJ, is $2,680.00. Indeed, when looking to rent in Park Ridge, NJ, you can expect to pay as little as $1,500.00 or as much as $4,090.00, with the average rent median estimated to be $2,670.00. The good news is that finding an affordable and desirable property to rent in Park Ridge, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Park Ridge, NJ 07656 Foreclosures


Market Trend for Park Ridge, NJ

Total Listings Available: 28

Market Values:

Home Prices from $29,320 to $14,800,871

Average Sales Price: $815,125

Rental Values:

Rental from $1,500 to $4,090

Average Rent Value: $2,680 / month

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