$2,957 Closing Credit*
$249,000
1 Bed
•1 Full Bath
Pauline M. Franklin, Listing Office: Keller Williams Valley Realty
Housing Prices in Park Ridge, NJ
How much do homes in Park Ridge, NJ cost?
Median List Price
$777,000
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$143,000(-15.5%)
Key Takeaway
The list price of homes in Park Ridge has decreased by 15.5% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $365K | N/A |
| 2 Bedrooms | - | $592K | N/A |
| 3 Bedrooms | $920K | $699K | -24.0% |
| 4 Bedrooms | $744.4K | $759.9K | +2.1% |
| 5+ Bedrooms | $1.2M | $1.2M | +2.9% |
Summary: Park Ridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 2.9%.
Median List Price Compared To Nearby Cities
| Montvale | $699K | $799K | +14.3% |
| River Vale Township | $760K | $819K | +7.8% |
| Hillsdale | $649.5K | $649.9K | 0.1% |
| Woodcliff Lake | $995K | $995K | 0.0% |
| Park Ridge | $920K | $777K | -15.5% |
Housing Supply in Park Ridge, NJ
How many homes are available in Park Ridge, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 14 | +133.3% |
Summary: The Park Ridge real estate market had 14 homes for sale in October 2024, a 133.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 0 | 3 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Park Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Days on Market for Park Ridge, NJ
How long does it take to sell a home in Park Ridge, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 53 Days | -47.3% |
Summary: Homes in Park Ridge had an average listing age of 53 days in Oct 2024, down by 47.3% compared to the previous year.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.