Glen Ridge, NJ, bordered by Montclair, Bloomfield, East Orange, and Orange is a higher income real estate market. With its median household income of over $125,000, Glen Ridge real estate can be a market for luxury housing. Glen Ridge has a higher property tax base than most others in the county, but as a reward has one of the most highly prized school systems in the state. Ridgewood Avenue, the town main roadway is filled with million dollar homes and has a beautiful street lighting system with its historic gas lamps.
See the latest Glen Ridge monthly and annual State of the Market Reports
Glen Ridge deserves a drive-by if you are considering Essex County real estate or area looking for homes for sale. If you are looking for a relaxing stroll down the block, you may enjoy that as easily as is the commute into New York City where you can enjoy the vibrant lifestyle of the biggest amenity in the world. No matter what part of the town you live in, you are only a very short drive to surrounding towns such as Montclair, Bloomfield, Cedar Grove, and Verona. Glen Ridge is immediately accessible via exit 148 on the Garden State Parkway and exit 149 (Hoover Ave). Just another mile or two down the Parkway, you can hop on Route 3 East and be at the Meadowlands/Giants Stadium in only 10 minutes, or New York City another 10 minutes further from the stadium.
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Some quick stats about Glen Ridge:
- Population: 5,751
- Population growth: -7.1%
- Population Density: 5,413 (People per square mile)
- Median Age 38 Years Old
- Cost of Living Index 137% (National Average 100%)
- Unemployment Rate 6.7% (Less than national average)
- Future Job Growth 11.8%
- Median Home Value $429,210
If you are looking for Glen Ridge real estate reports, feel free to contact Scott with NJREG at 877-688-7582 or e-mail him HERE. We would like to assist in helping you understand the local housing market so you can make the best decision on your future home of your dreams. Give us 1% of your trust Well earn the rest!