Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the River Edge area can be challenging. Home prices in River Edge are now at a median cost of $542,976, higher than the New Jersey average of $388,929.
The average cost of rent is $2,051/mo in River Edge, primarily driven by the current value of real estate in the River Edge area. While nearly 38.32% of residents own their homes outright in River Edge, 22.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in River Edge is $12,704 per month. Households that rent pay about 16.15% of their income on rent here. River Edge's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- New Milford, NJ: less expensive homes
- Oradell, NJ: higher priced homes
- Bergenfield, NJ: less expensive homes
- Maywood, NJ: less expensive homes
- Rochelle Park, NJ: less expensive homes
- Paramus, NJ: higher priced homes
- Dumont, NJ: less expensive homes
- Hackensack, NJ: less expensive homes
- Teaneck, NJ: less expensive homes
- Saddle Brook, NJ: less expensive homes
Cities with Similar Populations
- Norwich, NY: less expensive homes
- Nokomis, FL: less expensive homes
- Norfolk, MA: equally priced homes
- North Bellport, NY: less expensive homes
- North Billerica, MA: less expensive homes
- North East, PA: less expensive homes
- North Lindenhurst, NY: less expensive homes
- North Merrick, NY: equally priced homes
- North Smithfield, RI: less expensive homes
- North St. Paul, MN: less expensive homes
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