Ridgewood, NJ Real Estate

According to census data in the year 2000 there were 8,802 housing units in Ridgewood. This represents a 1.6% growth from 8,666 in 1990.

Of those housing units, 8,802 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ridgewood is about 80%. Ridgewood's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Ridgewood were built after 1945.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom8.70%
Two Bedrooms13.30%
Three Bedrooms31.70%
Four Bedrooms30.80%
Five Bedrooms or more14.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1943
Median Value of occupied units$387,200
Median Price asked for vacant units$422,200

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1953
Median Monthly Rent asked for vacant units$1,404

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7%
Home Equity Loan13.20%
Simple Mortgage55%
Debt Free24.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%