Real Estate Investing in Ridgefield Park, New Jersey (07660)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07660 (Ridgefield Park, 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.
- Higher unemployment: 7.6% unemployment — tenant risk signal.
What’s happening in Ridgefield Park, NJ (07660)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07660 Ridgefield Park
ZIP 07660 inside Bergen County looks affordable on the surface — median value of $607K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 07660 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Ridgefield Park have seen price recovery that 07660 has not matched. Bergen County data supports the view that the spread is structural rather than temporary.
On balance, 13,167 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 07660 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 Ridgefield Park:
Property Strategy for 07660
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $471,291 | $2,160 | 3.3% | +6.3% | $235,645 |
| 3BR | $588,782 | $2,630 | 3.2% | +8.0% | $196,261 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07660 Compare?
| Metric | 07660 | Ridgefield Park | New Jersey |
|---|---|---|---|
| Home Value | $607,349 | $607,349 | $559,826 |
| 5-Year CAGR | 5.5% | 5.5% | 8.4% |
| Avg Rent | $2,175 | $2,175 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 07660 (Ridgefield Park, NJ). Anonymous, moderated, never written by AI.
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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 | $607,349 |
| Monthly Rent | $2,175 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 07660
Population: 13,167
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 07660
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Anna C. Scott Elementary School
Benjamin Franklin Middle School
Bergen County Technical High School - Teterboro
Carlstadt Public School
E. Roy Bixby
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
Frequently Asked Questions
Is real estate in Ridgefield Park, NJ a good investment right now?
Ridgefield Park, NJ scores 3.0/5 for investability. Home values sit at $607K and rents near $2,175/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much do tenants pay in Ridgefield Park, NJ?
Rent in Ridgefield Park, NJ is around $2,175/mo. The resulting rent-to-value relationship with $607K pricing is reasonable for most investor models.
How much does a house cost in Ridgefield Park, NJ?
In Ridgefield Park, NJ the median home value sits at $607K. Against the broader NJ market, that reads as reasonable for most investors.
How tight is the rental market in Ridgefield Park, NJ?
Ridgefield Park, NJ carries elevated vacancy risk. Expect reliable absorption at market rents of $2,175/mo.
Is Ridgefield Park, NJ good for landlords?
Ridgefield Park, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 07660 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07660 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 07660 ranks in New York-Newark-Jersey City, NY-NJ-PA
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