Market Overview
Home Prices in Riverside Township, NJ
The median home value in Riverside Township, NJ is $315,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Riverside Township are priced23% below average. Riverside Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Riverside Township home values have risen by approximately43.6%, reflecting strong long-term appreciation in this market.
Price History
Riverside Township Home Price Trend
City Comparison
Riverside Township vs. National Median
At $315,248, homes in Riverside Township cost 23% below the national median of $410,000. This makes Riverside Township a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Riverside Township?
20% Down Payment
$63,050
on $315,248
Monthly P&I
$1,644/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,088/mo
incl. taxes & insurance
Income Needed
$83,520
gross annual (30% rule)
10% Down Option
$31,525
+ PMI applies
Loan Amount (20% dn)
$252,198
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 Riverside Township, NJ?
The median home value in Riverside Township is $315,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Riverside Township?
Over the past year, home values in Riverside Township have decreased by 0.5%. Over five years, prices have risen approximately 43.6%.
How much do I need to earn to buy a home in Riverside Township?
To comfortably afford the median home price of $315,248 with a 20% down payment ($63,050) at today's rates (6.8%), you'd need a gross annual income of approximately $83,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Riverside Township compare to the national average home price?
The national median home value is approximately $410,000. At $315,248, homes in Riverside Township are 23% below the national average.
What metro area is Riverside Township part of?
Riverside 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.