The Most Affordable Neighborhoods in Ridgewood Junction, Glen Rock, NJ by Home Value

 

Ridgewood Junction, Glen Rock, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ridgewood Junction area can be challenging. Home prices in Ridgewood Junction are now at a median cost of $686,775, lower than the Glen Rock average of $698,996.

The average cost of rent is $1,813/mo in Ridgewood Junction, primarily driven by the current value of real estate in the Ridgewood Junction area. While nearly 28.36% of residents own their homes outright in Ridgewood Junction, 14.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ridgewood Junction is $13,134 per month. Households that rent pay about 13.80% of their income on rent here. Ridgewood Junction's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the neighborhood.


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