Why Live in Ridgewood
Ridgewood, a neighborhood in Waterford, Connecticut, is known for its diverse home styles, including ranches, raised ranches, Cape Cods, cottages, and larger estates. Many homes date back to the 1950s, with some situated on multi-acre lots featuring gardens and fruit trees, while others are just a short walk from Alewife Cove and Waterford Beach. Harkness Memorial State Park, a 237-acre area with historic gardens, public beaches, and the Eolia Mansion, offers panoramic views of Long Island Sound and various recreational activities. Adjacent to it is Camp Harkness, designed for people with disabilities, and Waterford Beach Park, known for its natural beach and kayaking opportunities at Alewife Cove. Great Neck Country Club, 3 miles west, features an 18-hole golf course. Dining options include When Pigs Fly on Rope Ferry Road and On the Waterfront Restaurant in New London, 2 miles northeast, offering views of the Thames River. The Eugene O’Neill Theater Center, near Waterford Beach Park, is renowned for producing new plays and hosting famous performers. Ridgewood is part of the highly-rated Waterford School District, with Great Neck Elementary, Clark Lane Middle, and Waterford High School all receiving commendable ratings. The neighborhood is well-connected, with Route 213 running through it and Route 1 just 3 miles north, providing access to interstates 95 and 395. Amtrak services from New London connect to Boston and New York City, while Rhode Island T.F. Green International Airport is 55 miles east. Ridgewood's crime rate is lower than the national average, making it a safer area for residents.
Frequently Asked Questions
Is Ridgewood a good place to live?
Ridgewood is a good place to live. Ridgewood is considered very car-dependent and somewhat bikeable. Ridgewood has 1 park for recreational activities. It has a median age of 49. The average household income is $109,981 which is above the national average. College graduates make up 47.5% of residents. A majority of residents in Ridgewood are home owners, with 10.2% of residents renting and 89.8% of residents owning their home. A
local real estate agent serving Ridgewood can help you decide if this neighborhood is the right one for you. Learn more on our
Ridgewood neighborhood guide.
How much do you need to make to afford a house in Ridgewood?
The median home price in Ridgewood is $299,995. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Ridgewood. The average household income in Ridgewood is $110K.
What are the best public schools in Ridgewood?
The best public schools that serve Ridgewood are:
What are the best private schools in Ridgewood?
The best private schools that serve Ridgewood are:
What are the most popular zip codes in Ridgewood, Waterford, CT?
What are the most popular neighborhoods near Ridgewood, Waterford, CT?
Are home prices dropping in Ridgewood?
Yes, home prices in Ridgewood are down 14% in the last 12 months.
Home Trends in Ridgewood, CT
On average, homes in Ridgewood, Waterford sell after 10 days on the market compared to the national average of 70 days. The median sale price for homes in Ridgewood, Waterford over the last 12 months is $283,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$283,000
Median Single Family Sale Price
$283,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$299,995
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-29%