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Foreclosure Homes in Park Ridge, NJ

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5 View this home at Pascack Rd Park Ridge NJ 07656
Preforeclosure
VIEW DETAILS
$563,400 EMV
Pascack Rd
Park Ridge, NJ 07656
Single-Family
2,170
EST. RENT: $2,990
|
AUCTION: 04-05-2024
Single-Family
2,170
View this home at Awashawaugh Rd Park Ridge NJ 07656
Preforeclosure
VIEW DETAILS
$452,993 EMV
Awashawaugh Rd
Park Ridge, NJ 07656
Single-Family
1,322
EST. RENT: $2,930
|
AUCTION: 04-05-2024
Single-Family
1,322
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Park Ridge, NJ Foreclosures

How much do homes sell for in Park Ridge, NJ?
The average home price is currently $747,112.
In Park Ridge, NJ, how many homes are available?
There are currently 3,119 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 $2,679.
What is the most expensive home in Park Ridge, New Jersey?
The most expensive home sold in Park Ridge had a price of $2,341,000.
What is currently the cheapest priced home in Park Ridge, NJ?
The cheapest home for sale in Park Ridge is priced at $188,000.

Home Value Estimator For Park Ridge, NJ

There are currently 3,119 real estate properties in Park Ridge, NJ, with a median automated valuation model (AVM) price of $721,800.00. 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 $747,112.00, with the most expensive house in Park Ridge, NJ, topping out at $2,341,000.00 and the cheapest home in Park Ridge, NJ, clocking in at $188,000.00. 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 $2,679.00. 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.


Top Reasons To Live In Park Ridge, NJ In 2024

Park Ridge is located in Bergen, New Jersey, with an estimated municipal population of 8,694 residents. All of the best foreclosed homes for sale in Park Ridge are located in the following zip code areas on Foreclosure.com: 07656. The estimated population per square kilometer (.62 miles) in Park Ridge is 1,287.


Cost Of Living In Park Ridge, NJ

So, about how much do homes cost in Park Ridge? The most recent median value of resident-owned homes in Park Ridge is 584,787. An estimated 81.2 percent of households in Park Ridge own their homes, with an average family size of 3.19. The median household income in Park Ridge is 137,903, with64.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Park Ridge, the median commute time of resident workers (in minutes) is 32.5. And last, but certainly not least, are you looking for homes to rent in Park Ridge? If so, the average rent price paid by renters in Park Ridge is 1,474, according to recent statistics.


Diversity And Demographics In Park Ridge, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Park Ridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Park Ridge is 46, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Park Ridge is 59.9, with an average family size of 3.19.

The percentage of residents who report their race in Park Ridge is as follows:

White 93.4%
Black / African American 0.7%
Asian 4.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Park Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Park Ridge?

The percentage of residents who report their age in Park Ridge is as follows:

Under 10 9.4%
Aged 10-19 15.1%
20s 9.2%
30s 10%
40s 13.9%
50s 13%
60s 12.2%
70s 9.1%
80+ 8%

Best Schools In Park Ridge, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Park Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Park Ridge.


Pros And Cons Of Living In Park Ridge, New Jersey

How do you know that living in -- or moving to -- Park Ridge is right where you need to be? Perhaps you grew up in Park Ridge or already live nearby; therefore, the decision to buy a home in Park Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Park Ridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Park Ridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Park Ridge.


Reasons To Move To Park Ridge, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Park Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Park Ridge, meanwhile, can field multiple offers from more qualified buyers.

Park Ridge, NJ Foreclosures


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