Market Overview
Home Prices in Glen Ridge, NJ
The median home value in Glen Ridge, NJ is $1,206,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Glen Ridge are priced194% above average. Glen Ridge is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Glen Ridge home values have risen by approximately35.4%, reflecting strong long-term appreciation in this market.
Price History
Glen Ridge Home Price Trend
City Comparison
Glen Ridge vs. National Median
At $1,206,643, homes in Glen Ridge cost 194% above the national median of $410,000. Buyers in Glen Ridge should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Glen Ridge?
20% Down Payment
$241,329
on $1,206,643
Monthly P&I
$6,293/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,992/mo
incl. taxes & insurance
Income Needed
$319,680
gross annual (30% rule)
10% Down Option
$120,664
+ PMI applies
Loan Amount (20% dn)
$965,314
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 Glen Ridge, NJ?
The median home value in Glen Ridge is $1,206,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Glen Ridge?
Over the past year, home values in Glen Ridge have increased by 5.4%. Over five years, prices have risen approximately 35.4%.
How much do I need to earn to buy a home in Glen Ridge?
To comfortably afford the median home price of $1,206,643 with a 20% down payment ($241,329) at today's rates (6.8%), you'd need a gross annual income of approximately $319,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Glen Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $1,206,643, homes in Glen Ridge are 194% above the national average.
What metro area is Glen Ridge part of?
Glen Ridge is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.