Real Estate & Taxes in Ridgewood
Median Home Price
$875,000
Property Tax Rate
2.85%
Avg. Annual Property Tax
$18,500
Assessment Information
Properties are assessed by the Bergen County Tax Assessor's office. Ridgewood conducted a municipal-wide revaluation in recent years to align assessed values with market values.
Recent Trends
Ridgewood's real estate market remains highly competitive with strong demand, particularly for homes near the downtown and train station. Prices have appreciated steadily, and homes often receive multiple offers. The market favors sellers, with limited inventory driving prices upward.
Neighborhood Notes
- ●The Heights — Elevated neighborhood with larger lots and scenic views
- ●Ridgewood Avenue corridor — Walking distance to downtown shops and restaurants
- ●Upper Ridgewood — Spacious properties near the country club
- ●Glen Avenue area — Family-friendly streets close to elementary schools
- ●West Side — Charming homes with easy access to Paramus shopping
Data reflects estimates as of 2024. Verify with local tax assessor.