Market Overview
Home Prices in South River, NJ
The median home value in South River, NJ is $541,741 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in South River are priced32% above average. South River is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, South River home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
South River Home Price Trend
City Comparison
South River vs. National Median
At $541,741, homes in South River cost 32% above the national median of $410,000. Buyers in South River should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South River?
20% Down Payment
$108,348
on $541,741
Monthly P&I
$2,825/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,588/mo
incl. taxes & insurance
Income Needed
$143,520
gross annual (30% rule)
10% Down Option
$54,174
+ PMI applies
Loan Amount (20% dn)
$433,393
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 South River, NJ?
The median home value in South River is $541,741 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in South River?
Over the past year, home values in South River have increased by 2.1%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in South River?
To comfortably afford the median home price of $541,741 with a 20% down payment ($108,348) at today's rates (6.8%), you'd need a gross annual income of approximately $143,520. This assumes keeping total housing costs at or below 30% of gross income.
How does South River compare to the national average home price?
The national median home value is approximately $410,000. At $541,741, homes in South River are 32% above the national average.
What metro area is South River part of?
South River 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.