Most Affordable Neighborhoods in Edgewater borough - 2026 Data
The median home value in Edgewater borough is $750,200, 166% above nat'l avg. Median rent is $1,625/month. With an affordability index of 110, Edgewater borough is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Edgewater borough, NJ area.
Key Takeaways: Affordability in Edgewater borough
- 1The most affordable neighborhood in Edgewater borough is Union City, with a median home value of $448,000.
- 2Edgewater borough's median home value is $750,200, 166% above nat'l avg (national: $281,900).
- 3Edgewater borough's affordability index is 110 (baseline 100), making it more affordable than the national average.
- 4Median rent in Edgewater borough is $1,625/month, 40% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Edgewater borough to find the most affordable areas based on home values, rent, and affordability index.
Edgewater borough Affordability Overview
Median Home Value
$750,200
166% above nat'l avg
Median Rent
$1,625/mo
40% above nat'l avg
Median Income
$136,806
83% above nat'l avg
Affordability Index
110
10% above nat'l avg
Most Affordable Neighborhoods in Edgewater borough (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Union CityNJ | $448,000 |
| 2 | Ringwood boroughNJ | $417,500 |
| 3 | Florham Park boroughNJ | $705,200 |
| 4 | East OrangeNJ | $282,900 |
| 5 | PlainfieldNJ | $351,500 |
| 6 | GuttenbergNJ | $364,500 |
| 7 | Metuchen boroughNJ | $537,000 |
| 8 | CliftonNJ | $428,000 |
| 9 | PassaicNJ | $379,800 |
| 10 | Hopatcong boroughNJ | $284,600 |
| 11 | Freehold boroughNJ | $361,700 |
| 12 | Haddonfield boroughNJ | $623,900 |
| 13 | West New YorkNJ | $407,000 |
| 14 | New Providence boroughNJ | $700,700 |
| 15 | East Rutherford boroughNJ | $446,900 |