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Featured local agent — River Edge, NJ
Sarah Mitchell
Compass Real Estate · River Edge, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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River Edge, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.06Mmedian sale price
How is the River Edge, NJ housing market right now?
The median home sale price in River Edge, NJ is $1.06M, up 44.9% year-over-year. Homes sell in an average of 86 days with 21 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is River Edge a buyer's or seller's market?
River Edge, NJ is currently a seller's market, based on 3.5 months of supply and homes selling in about 86 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
86
Average pace
Active listings
21
3.5 months supply
Sale-to-list
106.2%
Above asking
What does the River Edge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.06M |
| Median list price | $880,000 |
| Year-over-year price change | +44.9% |
| Average days on market | 86 days |
| Active inventory | 21 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 106.2% |
| Median price per sq ft | $474/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 10 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in River Edge by property type?
How the River Edge, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.39M | $507/sq ft | 5 | 87 days |
| Condo / Co-op | $870,000 | — | 1 | 65 days |
| Townhouse | $721,000 | $442/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The River Edge housing market is currently classified as a seller's market with a median sale price of $1.06M. Prices have risen 44.9% compared to last year, with homes spending an average of 86 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in River Edge
There are currently 21 homes listed for sale in River Edge, New Jersey. The median listing price is $880K.
Active listings
21
Homes on market
Median list price
$880K
Avg. days on market
86
Days until sale
New this week
10
Newly listed
Who lives in River Edge?
Population
12,024
Median income
$155,827/yr
Median age
42.2 years
Owner-occupied
75.9%
College grads
70.8%
Avg commute
34.7 min
Source: U.S. Census Bureau ACS
What are homes worth in River Edge?
Zillow home value
$878,175
Zillow rent index
$2,085/mo
Price-to-rent ratio
35.1x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in River Edge?
River Edge is a community of approximately 12K residents with a median age of 42.2 years.The median household income is $155,827, which reflects a relatively affluent area with strong earning potential. 70.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, River Edge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve River Edge?
3 schools tracked · 1,782 students
The largest public schools serving River Edge, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cherry Hill School
Grades PK-6 · 722 students
River Dell Middle School
Grades 7-8 · 570 students
Roosevelt School
Grades K-6 · 490 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near River Edge, NJ?
Want a head-to-head view? Compare River Edge side-by-side with any other U.S. city using our market-comparison tool.
Is River Edge a good real estate investment market?
For investors evaluating River Edge, the price-to-rent ratio of 35.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 44.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on River Edge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using River Edge's median home price.
Frequently asked questions
What is the average home price in River Edge?
The median home sale price in River Edge is $1.06M, up 44.9% from last year.
How long do homes stay on market in River Edge?
Homes typically spend 86 days on market before going under contract.
What is the median income in River Edge?
The median household income is $155,827 per year.
Is River Edge a buyer's or seller's market?
With 3.5 months of supply, River Edge is currently a seller's market.
What is the Zillow home value estimate for River Edge?
The Zillow Home Value Index (ZHVI) for River Edge is $878,175, representing the typical home value in the area.
What is the median condo price in River Edge?
The median condo/co-op sale price in River Edge, NJ is $870,000, compared to $1.39M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in River Edge?
The median single-family home price in River Edge, NJ is $1.39M (about $507 per square foot).
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