2026 Affordability Data
Most Affordable Neighborhoods in Wood-Ridge borough - 2026 Data
The median home value in Wood-Ridge borough is $499,700, 77% above nat'l avg. Median rent is $1,625/month. With an affordability index of 110, Wood-Ridge 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 Wood-Ridge borough, NJ area.
Key Takeaways: Affordability in Wood-Ridge borough
- 1The most affordable neighborhood in Wood-Ridge borough is East Orange, with a median home value of $282,900.
- 2Wood-Ridge borough's median home value is $499,700, 77% above nat'l avg (national: $281,900).
- 3Wood-Ridge borough's affordability index is 110 (baseline 100), making it more affordable than the national average.
- 4Median rent in Wood-Ridge borough is $1,625/month, 40% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Wood-Ridge borough to find the most affordable areas based on home values, rent, and affordability index.
Wood-Ridge borough Affordability Overview
Median Home Value
$499,700
77% above nat'l avg
Median Rent
$1,625/mo
40% above nat'l avg
Median Income
$132,901
78% above nat'l avg
Affordability Index
110
10% above nat'l avg
Most Affordable Neighborhoods in Wood-Ridge borough (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | East OrangeNJ | $282,900 |
| 2 | GuttenbergNJ | $364,500 |
| 3 | CliftonNJ | $428,000 |
| 4 | PassaicNJ | $379,800 |
| 5 | Freehold boroughNJ | $361,700 |
| 6 | West New YorkNJ | $407,000 |
| 7 | Metuchen boroughNJ | $537,000 |
| 8 | New Providence boroughNJ | $700,700 |
| 9 | Florham Park boroughNJ | $705,200 |
| 10 | Hopatcong boroughNJ | $284,600 |
| 11 | Edgewater boroughNJ | $750,200 |
| 12 | Union CityNJ | $448,000 |
| 13 | Haddonfield boroughNJ | $623,900 |
| 14 | PlainfieldNJ | $351,500 |
| 15 | Ringwood boroughNJ | $417,500 |
Detailed Neighborhood Profiles
Home Value: $282,900
Rent: $1,625/mo
Affordability: 110
Population: 68,879
Walk Score: 25/100
Home Value: $364,500
Rent: $1,625/mo
Affordability: 110
Population: 11,765
Walk Score: 25/100
Home Value: $428,000
Rent: $1,625/mo
Affordability: 110
Population: 89,451
Walk Score: 25/100
4
Home Value: $379,800
Rent: $1,625/mo
Affordability: 110
Population: 70,048
Walk Score: 25/100
5
Home Value: $361,700
Rent: $1,625/mo
Affordability: 110
Population: 12,498
Walk Score: 25/100
6
Home Value: $407,000
Rent: $1,625/mo
Affordability: 110
Population: 52,438
Walk Score: 25/100
7
Home Value: $537,000
Rent: $1,625/mo
Affordability: 110
Population: 14,958
Walk Score: 25/100
8
Home Value: $700,700
Rent: $1,625/mo
Affordability: 110
Population: 13,595
Walk Score: 25/100
9
Home Value: $705,200
Rent: $1,625/mo
Affordability: 110
Population: 12,790
Walk Score: 25/100
10
Home Value: $284,600
Rent: $1,625/mo
Affordability: 110
Population: 14,411
Walk Score: 25/100
11
Home Value: $750,200
Rent: $1,625/mo
Affordability: 110
Population: 14,394
Walk Score: 25/100
12
Home Value: $448,000
Rent: $1,625/mo
Affordability: 110
Population: 67,258
Walk Score: 25/100
13
Home Value: $623,900
Rent: $1,625/mo
Affordability: 110
Population: 12,456
Walk Score: 25/100
14
Home Value: $351,500
Rent: $1,625/mo
Affordability: 110
Population: 54,358
Walk Score: 25/100
15
Home Value: $417,500
Rent: $1,625/mo
Affordability: 110
Population: 11,692
Walk Score: 25/100
Frequently Asked Questions About Affordability in Wood-Ridge borough
What is the most affordable neighborhood in Wood-Ridge borough, NJ?▾
Based on 2026 data, East Orange is the most affordable neighborhood in Wood-Ridge borough with a median home value of $282,900. Kurby analyzed 15 neighborhoods in the Wood-Ridge borough area to compile these rankings.
What is the median home price in Wood-Ridge borough, NJ?▾
The median home price in Wood-Ridge borough is $499,700, which is 77% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Wood-Ridge borough affordable compared to the national average?▾
Wood-Ridge borough has an affordability index of 110, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Wood-Ridge borough, NJ?▾
The median monthly rent in Wood-Ridge borough is $1,625. This is 40% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Wood-Ridge borough?▾
The median household income in Wood-Ridge borough is $132,901 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).