Home prices
The median home in Ridgewood is valued at $763,300. Compared to its nearby areas it is approximately $213,960 (38%) higher.Compared to the nation as a whole it is roughly $545,800 (250%) higher, and in comparison to the city of New York is about $157,300 (25%) higher.
Rents
The median monthly rent in Ridgewood is $2,026. It is roughly $113 (5%) higher in comparison to nearby areas.It is roughly $964 (90%) higher in comparison to the rest of the country, and is about $583 (40%) higher compared to the city of New York.
Nearby places
Ho-Ho-Kus
Ho-Ho-Kus is Ridgewood's neighbor to the northeast. The housing prices there are fairly similar. The median home in Ho-Ho-Kus costs $756,800, which is very similar to Ridgewood. Its rents are a bit more expensive. The median monthly rent in Ho-Ho-Kus is $2,453, which comes out to $427 (17%) higher than Ridgewood.
Midland Park
Midland Park is Ridgewood's neighbor to the northwest. Real estate prices there are a lot less expensive. The cost of the median home in Midland Park is $513,400, which works out to $249,900 (48%) lower than Ridgewood. Rent there is somewhat less expensive. In Midland Park the median rent is $1,781 a month, which works out to $245 (13%) lower than Ridgewood.
Glen Rock
Glen Rock is Ridgewood's neighbor to the south. The real estate prices there are somewhat less expensive. Glen Rock's median home cost is $646,600, which works out to $116,700 (18%) lower than Ridgewood. Rents there are somewhat less expensive. The median rent in Glen Rock is $1,840 per month, which works out to $186 (10%) lower than Ridgewood.
Waldwick
Waldwick is Ridgewood's neighbor to the north. Its housing prices are significantly less expensive. The median home cost in Waldwick is $448,900, which works out to $314,400 (70%) lower than Ridgewood. Its rents are pretty similar. Waldwick's median monthly rent is $2,006, which is very similar to Ridgewood.
Hawthorne
Hawthorne is Ridgewood's neighbor to the southwest. The real estate prices there are substantially less expensive. The median home in Hawthorne costs $381,000, which is $382,300 (100%) lower than Ridgewood. Rent there is substantially less expensive. Hawthorne's median monthly rent is $1,485, which works out to $541 (36%) lower than Ridgewood.
