Why Live in Glen Ridge
Glen Ridge, NJ, is a historic borough known for its vintage homes and iconic gaslit street lanterns. Over 90 percent of the town is part of a historic district listed on the National Register of Historic Places. The Glen Ridge Historic Preservation Commission, established in 1987, helps conserve the borough's colonial-style and ranch-style houses, which range from three-to-four-bedroom single-family homes to larger estates. The area features medium-sized lots, driveways, and some properties with detached garages. Glen Ridge offers highly rated schools, including Linden Avenue School, Ridgewood Avenue School, and Glen Ridge High, which boast strong academic performance and favorable student-to-teacher ratios. Commuting to Newark and New York City is convenient via the Glen Ridge train station and NJ Transit buses, with routes to New York-Penn Station, Hoboken, and the Port Authority Bus Terminal in Manhattan. Local highlights include Glenfield Park, Glen Ridge Country Club, and Brookdale Park, which features a paved path, sports facilities, and a dog park. The borough hosts various events throughout the year, such as the Fitzgerald's 5K Lager Run, Ashenfelter 8K Classic, and seasonal celebrations. While shopping and dining options within Glen Ridge are limited, nearby grocery stores and the historic Fitzgerald's 1928 restaurant and bar cater to residents' needs. Glen Ridge is safer than the national average, making it a practical and appealing choice for homebuyers seeking a community with historic features and convenient amenities.
Frequently Asked Questions
What is the average home price in Glen Ridge, NJ?
Homes for sale in Glen Ridge, NJ have an average home price of $709,344.
How many homes have sold over the last 12 months in Glen Ridge, NJ?
43 homes have sold in Glen Ridge, NJ over the last 12 months.
What are the most popular zip codes in Glen Ridge, NJ?
How much do you need to make to afford a house in Glen Ridge?
The median home price in Glen Ridge is $370,000. If you put a 20% down payment of $74,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Glen Ridge.
How are the schools in Glen Ridge, NJ?
Home Trends in Glen Ridge, NJ
On average, homes in Glen Ridge, NJ sell after 28 days on the market compared to the national average of 70 days. The median sale price for homes in Glen Ridge, NJ over the last 12 months is $370,000, up 102% from the median home sale price over the previous 12 months.
Median Sale Price
$370,000
Median Single Family Sale Price
$1,360,400
Median Townhouse Sale Price
$1,225,000
Median 2 Bedroom Sale Price
$359,000
Median 1 Bedroom Sale Price
$188,000
Number of Homes for Sale
0
Last 12 months Home Sales
43
Median List Price
$370,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
102%