Market Overview
Home Prices in Ridgefield Park, NJ
The median home value in Ridgefield Park, NJ is $606,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ridgefield Park are priced48% above average. Ridgefield Park is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Ridgefield Park home values have risen by approximately26.4%, reflecting strong long-term appreciation in this market.
Price History
Ridgefield Park Home Price Trend
City Comparison
Ridgefield Park vs. National Median
At $606,008, homes in Ridgefield Park cost 48% above the national median of $410,000. Buyers in Ridgefield Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ridgefield Park?
20% Down Payment
$121,202
on $606,008
Monthly P&I
$3,161/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,014/mo
incl. taxes & insurance
Income Needed
$160,560
gross annual (30% rule)
10% Down Option
$60,601
+ PMI applies
Loan Amount (20% dn)
$484,806
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 Ridgefield Park, NJ?
The median home value in Ridgefield Park is $606,008 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Ridgefield Park?
Over the past year, home values in Ridgefield Park have increased by 0.6%. Over five years, prices have risen approximately 26.4%.
How much do I need to earn to buy a home in Ridgefield Park?
To comfortably afford the median home price of $606,008 with a 20% down payment ($121,202) at today's rates (6.8%), you'd need a gross annual income of approximately $160,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Ridgefield Park compare to the national average home price?
The national median home value is approximately $410,000. At $606,008, homes in Ridgefield Park are 48% above the national average.
What metro area is Ridgefield Park part of?
Ridgefield Park 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.