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Why Live in Wanaque
Wanaque, NJ, is a northern New Jersey suburb characterized by its rural landscape and suburban feel. Set along the Wanaque Reservoir and surrounded by scenic mountains, this peaceful borough offers a blend of nature and community living. The crime rate in Wanaque is below the national average, making it a safer area for residents. Upper Manhattan is conveniently located just 25 miles east, providing easy access to city amenities. The residential streets are lined with sidewalks and streetlights, featuring mid-20th-century Cape Cod and colonial-style homes on well-kept lots, many with driveways and detached garages. Recreational attractions include the 5,400-acre Norvin Green State Forest, Wanaque Ridge trail loop, Ramapo and Rainbow Lakes for fishing, and Back Beach Park with sports fields and playgrounds. Wanaque Elementary and Lakeland Regional High are highly rated schools, with Lakeland offering a University Program for college credit in various fields. Ringwood Avenue hosts local shopping and dining options such as The Meating Place, The Lantern, Pizza One, Tree Tavern, and Berta’s Chateau. Residents primarily rely on cars for transportation, with Interstate 287 providing connectivity to neighboring areas and NYC. Additionally, a bus route from Ringwood Park and Ride to the Port Authority Bus Terminal in Manhattan offers an alternative commuting option.
Home Trends in Wanaque, NJ
On average, homes in Wanaque, NJ sell after 42 days on the market compared to the national average of 56 days. The median sale price for homes in Wanaque, NJ over the last 12 months is $499,500, up 2% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$499,500
Median Single Family Sale Price
$515,000
Median Townhouse Sale Price
$487,500
Median 2 Bedroom Sale Price
$450,000
Average Price Per Sq Ft
$287
Number of Homes for Sale
23
Last 12 months Home Sales
168
Months of Supply
1.60
Median List Price
$479,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
Wanaque Types of Homes for Sale
Wanaque Homes by Price
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