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02-20-2012, 08:56 PM
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4 posts, read 9,046 times
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So... The schools appear great, it's close to the city, and yet... a number of houses are showing price reductions! I recognize that we're in a bit of an economic crunch now, but do you have any sense of what else might be going on? Thoughts welcomed!
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02-20-2012, 11:54 PM
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593 posts, read 1,454,924 times
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when compared to the other towns, it does not appear as "rich." areas like edgewater for example are far more attractive to buyers.
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02-21-2012, 01:31 PM
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1,878 posts, read 2,673,818 times
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what puzzles me about Ridgefield Park is that the average income is $59,000 household, but they have one of the best schools in NJ, or am I reading the incorrect data, the Grant Elementary school in Ridgefield Park is ranking top 20 of NJ.
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02-22-2012, 12:36 AM
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593 posts, read 1,454,924 times
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they have a smaller school with the right balance of administrators, teachers, and parents. average income and parental involvement are 2 different things.
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02-22-2012, 08:08 AM
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Location: Westwood, NJ
774 posts, read 2,264,521 times
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There are many short sales in Ridgefield Park. They generally sell under market value, so that drives prices down.
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02-22-2012, 08:37 AM
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Location: East Rutherford, NJ
1,203 posts, read 2,911,544 times
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The houses are also mostly older, on smaller plots and some don't have driveways. Still a great town as far as I'm concerned though, if we decide to buy in Bergen County it's going to be a town we strongly consider.
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02-24-2012, 06:12 PM
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4 posts, read 9,046 times
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Thanks to all!
Really appreciate your help...and the insight!
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03-08-2012, 07:19 AM
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1,139 posts, read 1,055,365 times
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2blivinginnj.......I would probably disagree with you about Ridgefield Park. I grew up in Bergen County (Oradell) and my mom and her family grew up in RF Park. It was nice in the 70's, but its a dump now, sorry. I would visit the schools when you have time. Compared to other towns in Bergen County, RF Park is probably at the bottom in terms of public schools. There's a reason the houses are so cheap compared to almost anywhere else in Bergen County. Try Dumont, Bergenfield, New Milford or a town like that. Its a little cheaper than the big time towns in Bergen cty, and the school systems and your neighbors will be a step up from Ridgefield Park....Good Luck in your search!
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03-08-2012, 03:46 PM
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Location: East Rutherford, NJ
1,203 posts, read 2,911,544 times
Reputation: 942
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Quote:
Originally Posted by JakeinChina
It was nice in the 70's, but its a dump now, sorry.
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I'd hate to see what you think of a town that actually is a dump. |
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03-08-2012, 09:07 PM
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Location: New Jersey
2,653 posts, read 5,733,273 times
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Quote:
Originally Posted by JakeinChina
2blivinginnj.......I would probably disagree with you about Ridgefield Park. I grew up in Bergen County (Oradell) and my mom and her family grew up in RF Park. It was nice in the 70's, but its a dump now, sorry. I would visit the schools when you have time. Compared to other towns in Bergen County, RF Park is probably at the bottom in terms of public schools. There's a reason the houses are so cheap compared to almost anywhere else in Bergen County. Try Dumont, Bergenfield, New Milford or a town like that. Its a little cheaper than the big time towns in Bergen cty, and the school systems and your neighbors will be a step up from Ridgefield Park....Good Luck in your search!
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The Bergen County suburban bubble rears its ugly, misinformed head yet again. |
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