Market Intelligence · NJ / Park Ridge

Park Ridge, NJ 07656 Housing Market

The typical home value in Park Ridge is $872,587, up 4.6% over the past year. The median list price stands at $839,000, with homes selling in a median of 17 days on the market.

Updated August 2026Median value$861K

The median home value in Park Ridge, NJ 07656 is $861K as of August 2026, up 5.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07656 range

$792K to $930K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.5% over 12 months

Typical home value in 07656 over the last 12 months: $815K in Aug 2025 to $861K in Aug 2026 (+5.5%).

Aug 2025$815K

Aug 2026$861K

The numbers

What is the 07656 housing market like?

Typical home value

$861K

Up5.5%YoY

Median list price

$839K

Down6.7%MoM

Days on market

17

Up21.4%MoM

Homes for sale

10

Up42.9%MoM

Price cuts

0.0%

New listings

12

Up500.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 07656 home prices compare?

  • 07656$860,699
  • Park Ridge$860,699
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Park Ridge: 1 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

Park Ridge is showing steady appreciation, with home values rising 4.6% annually. The market has 10 homes currently for sale and 12 new listings entered recently. Homes are moving at a median pace of 17 days on the market, indicating reasonable activity. Notably, no listings have seen price reductions. For sellers, this suggests a market where pricing strategy matters more than waiting for buyer demand to surge.

Monthly payment

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20% · $172,140

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