Cheap Homes in River Edge, NJ

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Top Reasons To Live In River Edge, NJ In 2024

River Edge is located in Bergen, New Jersey, with an estimated municipal population of 11,435 residents. All of the best foreclosed homes for sale in River Edge are located in the following zip code areas on 07661. The estimated population per square kilometer (.62 miles) in River Edge is 2,409.

Cost Of Living In River Edge, NJ

So, about how much do homes cost in River Edge? The most recent median value of resident-owned homes in River Edge is 524,910. An estimated 75.9 percent of households in River Edge own their homes, with an average family size of 3.37. The median household income in River Edge is 124,598, with60.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in River Edge, the median commute time of resident workers (in minutes) is 35.8. And last, but certainly not least, are you looking for homes to rent in River Edge? If so, the average rent price paid by renters in River Edge is 1,676, according to recent statistics.

Diversity And Demographics In River Edge, 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 River Edge, 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 River Edge is 39.2, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in River Edge is 63, with an average family size of 3.37.

The percentage of residents who report their race in River Edge is as follows:

White 69.1%
Black / African American 2.9%
Asian 24.1%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 1.7%

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

The percentage of residents who report their age in River Edge is as follows:

Under 10 12.9%
Aged 10-19 14.4%
20s 10.4%
30s 14.1%
40s 13.5%
50s 16.6%
60s 8.7%
70s 6.5%
80+ 3%

Best Schools In River Edge, 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 River Edge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in River Edge.

Pros And Cons Of Living In River Edge, New Jersey

How do you know that living in -- or moving to -- River Edge is right where you need to be? Perhaps you grew up in River Edge or already live nearby; therefore, the decision to buy a home in River Edge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to River Edge 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 River Edge:

  • 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 River Edge.

Reasons To Move To River Edge, 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 River Edge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in River Edge, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in River Edge, NJ


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