$9,797 Closing Credit*
$825,000
5 Beds
•3 Full Baths
Thomas Mikalouskas, Listing Office: Keller Williams Valley Realty
Housing Prices in Park Ridge, NJ
How much do homes in Park Ridge, NJ cost?
Median List Price
$850,000
-
Based on all homes listed in the last 12 months.
Difference Since September 2023
-$4,950(-0.6%)
Key Takeaway
The list price of homes in Park Ridge has decreased by 0.6% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $499K | N/A |
| 3 Bedrooms | $704.9K | $650K | -7.8% |
| 4 Bedrooms | $744.4K | $769K | +3.3% |
| 5+ Bedrooms | $1.2M | $1.4M | +14.9% |
Summary: Park Ridge housing prices by bedroom type for September 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 7.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 14.9%.
Median List Price Compared To Nearby Cities
| Woodcliff Lake | $1.0M | $1.2M | +16.0% |
| Montvale | $699K | $775K | +10.9% |
| River Vale Township | $760K | $834K | +9.7% |
| Hillsdale | $649K | $679.9K | +4.8% |
| Park Ridge | $854.9K | $850K | -0.6% |
Housing Supply in Park Ridge, NJ
How many homes are available in Park Ridge, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Summary: The Park Ridge real estate market had 12 homes for sale in September 2024, a 300.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 1 | 7 | +600.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Park Ridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 600%, and 5+ bedroom homes increased by 100%.
Days on Market for Park Ridge, NJ
How long does it take to sell a home in Park Ridge, NJ?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 86 Days | 43 Days | -50.0% |
Summary: Homes in Park Ridge had an average listing age of 43 days in Sep 2024, down by 50% compared to the previous year.
