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Ridgewood village, NJ

ZIP 07450 — Housing & Real Estate

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

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07450

Median Home Value
$882,700
Median Rent
$2,213
Affordability Snapshot
$243,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,670/mo PITI).

12%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

33.2 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 07450 in Ridgewood village, NJ, a household would need roughly $243,000 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 $5,670. That is roughly in line with the local median household income ($217,250). 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
83.9%+28% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
97.3%+12% vs US avg
x
4+ Bedrooms
14.6%-1% vs US avg
x
Built Pre-1939
12.7%-1% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
29.6%-22% vs US avg
x
$882,700
Home Value
$2,213
Rent
1950
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached80.9%
  • 1-unit attached2.4%
  • 2-9 units8.0%
  • 10+ units8.7%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$882,700
Median rent$2,213
Owner-occupied83.9%
Vacant3.8%
Price-to-income4.1x
Est. income to buy$243,000