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Park Ridge, NJ 07656 Real Estate & Property Data

Park Ridge, NJ 07656 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 111 residential properties have been sold over the past 12 months in 07656. With a median sales price of $792,500 in 07656 and a total of 2 foreclosures in Park Ridge, NJ 07656. Discover market trends and get the granular level real estate data for Park Ridge, NJ 07656 to keep your pulse on the housing market. Curate compelling home reports for Park Ridge, NJ 07656 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Park Ridge, NJ 07656 Real Estate Market Trends

Get property data for any address in Park Ridge, NJ 07656 or the country:

Total Residential Properties 2,943

Total Commercial Properties 74

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 2,164

Total 2024 Residential Sales (year-to-date) 16

% of Homes Seriously Underwater (Q2 2024) 0.92%

Total 2023 Residential Sales 103

% of Equity Rich Homes (Q2 2024) 42.03%

Effective 2023 Property Tax 1.97%

Total Foreclosure Filings (year-to-date) 4

Park Ridge, NJ 07656 Real Estate Overview

There were 111 residential properties sold in the past year in Park Ridge, NJ 07656. The median home value in Park Ridge, NJ 07656 is $715,900. There are a total of 2,943 residential properties in the 07656.

Median Sales Price i

$792,500

(Feb 2024)

-6.8%

year-over-year

y-o-y

February '24 Feb '24 $792,500
January '24 Jan '24 $999,388
December '23 Dec '23 $927,500
November '23 Nov '23 $754,500
October '23 Oct '23 $813,000
September '23 Sep '23 $605,000
August '23 Aug '23 $728,500
July '23 Jul '23 $718,000
June '23 Jun '23 $637,000
May '23 May '23 $841,000
April '23 Apr '23 $700,000
March '23 Mar '23 $625,000

Median Down Payment i

$161,000

(Feb 2024)

-14.1%

year-over-year

y-o-y

February '24 Feb '24 $161,000
January '24 Jan '24 $199,888
December '23 Dec '23 $265,000
November '23 Nov '23 $272,800
October '23 Oct '23 $163,750
September '23 Sep '23 $115,600
August '23 Aug '23 $161,900
July '23 Jul '23 $225,625
June '23 Jun '23 $136,000
May '23 May '23 $277,500
April '23 Apr '23 $200,000
March '23 Mar '23 $146,000

Number of Homes Sold i

4

(Feb 2024)

-55.6%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 12
December '23 Dec '23 5
November '23 Nov '23 7
October '23 Oct '23 13
September '23 Sep '23 13
August '23 Aug '23 10
July '23 Jul '23 8
June '23 Jun '23 9
May '23 May '23 7
April '23 Apr '23 6
March '23 Mar '23 8

Number of Purchase Loans i

2

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 6
December '23 Dec '23 3
November '23 Nov '23 6
October '23 Oct '23 10
September '23 Sep '23 8
August '23 Aug '23 8
July '23 Jul '23 5
June '23 Jun '23 8
May '23 May '23 6
April '23 Apr '23 5
March '23 Mar '23 6

Number of REFI Loans i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 7
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 7
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 2
April '23 Apr '23 8
March '23 Mar '23 4

Number of HELOC Loans i

4

(Feb 2024)

-20%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 6
November '23 Nov '23 2
October '23 Oct '23 3
September '23 Sep '23 8
August '23 Aug '23 2
July '23 Jul '23 8
June '23 Jun '23 10
May '23 May '23 4
April '23 Apr '23 4
March '23 Mar '23 2

Park Ridge, NJ 07656 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Park Ridge, NJ 07656 Foreclosure Activity

There were a total of 2 Park Ridge, NJ 07656 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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