Home prices
River Edge's median home value is $520,800. It is approximately $42,800 (8%) higher compared to its surrounding areas.Compared to the country as a whole it is approximately $303,300 (139%) higher, and in comparison to the city of New York is approximately $85,200 (14%) lower.
Rents
River Edge's median monthly rent is $1,676. Compared to other places in this area this is roughly $52 (3%) higher.Compared to the United States as a whole it is roughly $614 (57%) higher, and is about $233 (16%) higher compared to the city of New York.
Nearby places
New Milford
New Milford is River Edge's neighbor to the northeast. The real estate prices there are somewhat less expensive. The median home in New Milford is valued at $426,800, which is $94,000 (22%) lower than River Edge. Rent there is a little less expensive. The median rent in New Milford is $1,438 a month, which comes out to $238 (16%) lower than River Edge.
Paramus
Paramus is River Edge's neighbor to the northwest. The real estate prices there are a little more expensive. The median home in Paramus is valued at $600,200, which comes out to $79,400 (13%) higher than River Edge. Rents there are a little more expensive. In Paramus the median monthly rent is $2,011, which works out to $335 (16%) higher than River Edge.
Oradell
Oradell is River Edge's neighbor to the north. The real estate prices there are somewhat more expensive. The median home price in Oradell is $615,500, which comes out to $94,700 (15%) higher than River Edge. Rent there is pretty similar. Oradell's median monthly rent is $1,651, which is $25 (1%) lower than River Edge.
Bergenfield
Bergenfield is approximately 1 mile east of River Edge. Its real estate prices are significantly less expensive. The median home in Bergenfield costs $358,200, which is $162,600 (45%) lower than River Edge. The rent there is somewhat less expensive. In Bergenfield the median rent is $1,420 per month, which works out to $256 (18%) lower than River Edge.
Maywood
Maywood is roughly 1 mile southwest from River Edge. Housing prices there are substantially less expensive. The median home in Maywood is valued at $389,300, which works out to $131,500 (33%) lower than River Edge. Rent there is fairly similar. Maywood's median rent is $1,601 a month, which comes out to $75 (4%) lower than River Edge.
