Real Estate Investing in Ridgewood, New Jersey (07450)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07450 (Ridgewood, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 26.4 — hard to cash-flow at these prices.
What’s happening in Ridgewood, NJ (07450)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07450 Ridgewood
ZIP 07450 in Ridgewood, NJ carries a solid set of headwinds. Home values near $1.3M and rents of $4,019/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 07450 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader NJ picture, 07450 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 07450 ZIP's population of 26,076 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategically, 07450 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Ridgewood:
Property Strategy for 07450
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $965,509 | $3,960 | 3.0% | +9.0% | $321,836 |
| 4BR | $1,251,608 | $5,060 | 2.9% | +10.5% | $312,902 |
| 5BR | $1,877,018 | — | — | +11.8% | $375,404 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07450 Compare?
| Metric | 07450 | Ridgewood | New Jersey |
|---|---|---|---|
| Home Value | $1,272,299 | $1,272,299 | $559,826 |
| 5-Year CAGR | 8.6% | 8.6% | 8.4% |
| Avg Rent | $4,019 | $4,019 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07450 (Ridgewood, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07450 (Ridgewood, NJ)?
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Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,272,299 |
| Monthly Rent | $4,019 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +12.3% ▲ |
| 3-Year CAGR | +9.6% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +12.7% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07450
Population: 26,076
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07450
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Crescent Elementary School
Glen Rock High School
Glen Rock Middle School
Hawthorne High School
Ho-Ho-Kus Public School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,912 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical renter like in Ridgewood, NJ?
Tenant quality in Ridgewood, NJ ranks as solid. Landlords generally report even-keeled occupancy at market rents of $4,019/mo.
What are vacancy rates like in Ridgewood, NJ?
Vacancy in Ridgewood, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $4,019/mo.
What is the best play in Ridgewood, NJ?
Ridgewood, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($1.3M prices, $4,019/mo rents) make it a reasonable choice.
What is it like being a landlord in Ridgewood, NJ?
NJ law tenant-protective for landlords, and Ridgewood inherits those rules. Investors should still review local ordinances for rental licensing.
How does Ridgewood, NJ rate as a rental market?
Ridgewood, NJ scores 3.0/5 for investability. Home values sit at $1.3M and rents near $4,019/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 07450 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07450 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07450 ranks in New York-Newark-Jersey City, NY-NJ-PA
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