Top Real Estate Investment Areas in Ridgewood, NJ

Top Real Estate Investment Areas in Ridgewood, NJ

  • Feagles Home Team
  • 08/1/24

Ridgewood, NJ, is known for its historic downtown, picturesque tree-lined streets, and top-rated schools. The area exudes an "Upper West Side" vibe with its fascinating architecture, combining historic elegance and contemporary flair. 

The village's historic downtown is a bustling hub featuring an array of boutique shops, gourmet restaurants, and cultural attractions. The tree-lined streets provide a serene and inviting atmosphere. The village is strategically located with quick access to all major highways, ensuring seamless connectivity to surrounding areas and major cities. New York City is just a short commute away. Ridgewood, NJ, provides a lucrative investment in a thriving community.

Types of investment opportunities 

One of the most appealing aspects of investing in Ridgewood is the variety of home types available. Historic homes abound in this charming village, each exuding unique character and timeless elegance. These properties often feature Victorian architecture, showcasing intricate details and spacious interiors that attract buyers seeking distinctive and storied residences.

Ridgewood also offers mid-century modern homes for those interested in more contemporary styles. These properties have clean lines, large windows, and open floor plans emphasizing simplicity and functionality. Investors can also find townhouses and condos, which provide lower-maintenance living options.

Ridgewood is an excellent market for vacation homes and short-term rentals. Its proximity to New York City and picturesque surroundings make it appealing to those looking to escape the urban hustle and enjoy a serene suburban retreat. Investing in vacation homes and short-term rentals can yield substantial returns, especially during peak seasons when demand for temporary accommodations is high.

Best neighborhoods to invest in Ridgewood

Ridgewood, NJ, boasts several prime real estate investment neighborhoods. Each area offers unique features and amenities, making it attractive to a variety of investors. Whether looking for historic charm, modern conveniences, or serene suburban living, Ridgewood has a neighborhood to meet your investment needs. 

The Heights

The Heights has breathtaking views, tree-lined streets, and spacious homes. What sets The Heights apart is the unique character of its houses, designed by builder-architects in various styles, adding to the neighborhood's distinctive charm. The air of exclusivity and serenity makes it a coveted location. Its proximity to Saddle River Country Park and downtown Ridgewood enhances its appeal, providing recreational opportunities and convenience. The Heights is ideal for those seeking a prestigious and tranquil living environment.

Somerville

Somerville is a neighborhood rich in history, with homes dating back to the early 20th century. The elegant area is characterized by tree-shaded streets and a vibrant downtown, hosting numerous community events. The historic charm and modern conveniences make Somerville a highly desirable investment area. The neighborhood's strong sense of community and active social calendar enhance its livability. Somerville's blend of historic homes and community spirit ensures a steady demand from buyers seeking elegance and vibrancy.

Willard

Willard is a serene residential enclave. The neighborhood's tree-lined streets create a picturesque setting, and there are numerous sports fields and playgrounds where children can play and socialize. The neighborhood's strategic location offers easy access to major highways and readily available public transportation options. The neighborhood's strong sense of community further enhances its attractiveness, making it a prime location for long-term residents and newcomers to Ridgewood.

Old Country Club

Old Country Club is the epitome of elegance and sophistication. The prestigious neighborhood boasts gracious estates and expansive homes within manicured landscapes, highlighting the area's refined beauty. Spacious properties and lush greenery create a secluded haven for homeowners. Anchored by an exclusive private country club, residents can access upscale amenities, including golf courses, tennis courts, and fine dining facilities. The country club fosters a strong sense of community among its residents. The neighborhood's serene environment is complemented by its proximity to downtown Ridgewood, offering residents convenient access to boutique shopping, gourmet dining, and cultural attractions.

Brookside

Brookside is ideal for those seeking idyllic suburban living along the Ho-Ho-Kus Brook. The neighborhood features charming cottages and colonial-style homes on leafy streets, providing a peaceful and picturesque setting. Nature trails allow residents to enjoy the outdoors right at their doorstep. Brookside's tranquil ambiance and natural beauty make it a perfect investment area. 

Cottage Place

Cottage Place is a vibrant community with historic and modern homes. The neighborhood offers a distinct urban lifestyle near downtown Ridgewood. Residents are just a short walk away from an array of boutique shops, gourmet restaurants, and cultural venues. The area appeals to those who enjoy an active social life and easy access to amenities. The nearby parks and green spaces allow residents to enjoy outdoor activities and nature without venturing far from home. The community spirit is strong here, with regular events and gatherings that foster a sense of belonging.

Graydon

Graydon is a charming neighborhood centered around the picturesque Graydon Park. The serene lake and inviting walking trails provide a tranquil and scenic backdrop for the community. The proximity to downtown means residents have easy access to an array of boutique shops, gourmet restaurants, and cultural attractions. The tree-lined streets of Graydon create a picturesque and inviting environment. The neighborhood offers a unique and harmonious blend of nature and modern living, providing residents with a high quality of life in a beautiful setting.

A market on the rise

Ridgewood, NJ, has seen a surge in real estate activity. The median sale price for homes in Ridgewood has reached $1,151,000, marking a 29.6% increase from the previous year. The rise in property values reflects the growing demand for homes in this desirable area. The sale-to-list price ratio is 111.3%, indicating Ridgewood's competitive real estate environment. Investors looking to capitalize on the rising property values will find Ridgewood a lucrative market. With such robust growth, investing in Ridgewood, NJ, real estate promises significant returns.

Finding your perfect investment 

The Feagles Home Team is your dedicated partner. As a 100% family-owned and operated business, they treat their clients like family, offering the utmost care and attention in every transaction. Their deep-rooted commitment to client satisfaction and personalized service sets them apart in the competitive real estate landscape. Trust the Feagles Home Team to help you make informed decisions and achieve your real estate investment goals in Ridgewood, NJ.



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