Market Overview
Home Prices in Edgewater Park Township, NJ
The median home value in Edgewater Park Township, NJ is $356,878 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Edgewater Park Township are priced13% below average. Edgewater Park Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Edgewater Park Township home values have risen by approximately50.1%, reflecting strong long-term appreciation in this market.
Price History
Edgewater Park Township Home Price Trend
City Comparison
Edgewater Park Township vs. National Median
🏠 Edgewater Park Township
At $356,878, homes in Edgewater Park Township cost 13% below the national median of $410,000. This makes Edgewater Park Township a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Edgewater Park Township?
20% Down Payment
$71,376
on $356,878
Monthly P&I
$1,861/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,363/mo
incl. taxes & insurance
Income Needed
$94,520
gross annual (30% rule)
10% Down Option
$35,688
+ PMI applies
Loan Amount (20% dn)
$285,502
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Edgewater Park Township, NJ?
The median home value in Edgewater Park Township is $356,878 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Edgewater Park Township?
Over the past year, home values in Edgewater Park Township have increased by 5.9%. Over five years, prices have risen approximately 50.1%.
How much do I need to earn to buy a home in Edgewater Park Township?
To comfortably afford the median home price of $356,878 with a 20% down payment ($71,376) at today's rates (6.8%), you'd need a gross annual income of approximately $94,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Edgewater Park Township compare to the national average home price?
The national median home value is approximately $410,000. At $356,878, homes in Edgewater Park Township are 13% below the national average.
What metro area is Edgewater Park Township part of?
Edgewater Park Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.