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Glen Ridge borough, NJ

ZIP 07028 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07028

Median Home Value
$725,600
Median Rent
$2,395
Affordability Snapshot
$200,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,661/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 07028 in Glen Ridge borough, NJ, a household would need roughly $200,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,661. That sits below the local median household income ($246,500), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
92.9%+42% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
98.2%+13% vs US avg
x
4+ Bedrooms
22.5%+52% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
29.8%-40% vs US avg
x
Mortgage-Free
21.6%-43% vs US avg
x
$725,600
Home Value
$2,395
Rent
1938
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.5%
  • 1-unit attached1.4%
  • 2-9 units3.1%
  • 10+ units11.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$725,600
Median rent$2,395
Owner-occupied92.9%
Vacant2.5%
Price-to-income2.9x
Est. income to buy$200,000