How much do homeowners pay a month in River Edge Borough, NJ?

Name: Homeowner costs in River Edge Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in River Edge Borough, NJ pay a median of $3,832 (±$139) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

66.5% of owned homes carry a mortgage.

In River Edge Borough, the median monthly cost with a mortgage went from $3,395 in 2015–2019 to $3,832 in 2020–2024 (+12.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

With a mortgage: $3,832 (±$139)
Without a mortgage: $1,500 or more
Owned with a mortgage: 66.5%

Monthly owner costs in River Edge Borough

Median selected monthly owner costs, estimate (90% margin of error)
	River Edge Borough	Bergen County	New Jersey	United States
With a mortgage	$3,832 (±$139)	$3,547 (±$32)	$2,829 (±$8)	$1,963
Without a mortgage	$1,500 or more	$1,498 (±$18)	$1,232 (±$6)	$638
Owned homes with a mortgage	66.5% (±7.0 points)	61.6% (±0.8 points)	63.9% (±0.2 points)	60.6%
Median real estate taxes (a year)	$10,000 or more	$10,000 or more	$9,590 (±$25)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In River Edge Borough, the median cost with a mortgage is higher than in Bergen County ($3,547).

It is also higher than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Bergen County, River Edge Borough ranks 28 of 69 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 82 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in River Edge Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$3,395 (±$185)	$3,832 (±$139)	+12.9%	Down after inflation
Median home value	$520,800 (±$37,500)	$660,300 (±$23,030)	+26.8%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near River Edge Borough

Nearest places with a published estimate, compared with River Edge Borough
Place	Distance	Median monthly cost with a mortgage	Compared with this place
River Edge Borough	—	$3,832 (±$139)	—
New Milford Borough	1.1 mi	$3,335 (±$97)	Lower
Oradell Borough	2.1 mi	$3,991 (±$218)	Not measurably different
Bergenfield Borough	2.1 mi	$3,140 (±$98)	Lower
Maywood Borough	2.1 mi	$3,039 (±$118)	Lower
Paramus Borough	2.2 mi	$3,794 (±$105)	Not measurably different
Rochelle Park Township	2.5 mi	$2,840 (±$152)	Lower
Hackensack	2.6 mi	$2,921 (±$134)	Lower
Dumont Borough	2.7 mi	$3,168 (±$191)	Lower

Nearby places with a measurably lower figure: New Milford Borough, NJ ($3,335), Bergenfield Borough, NJ ($3,140), Maywood Borough, NJ ($3,039).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Bergen County, place by place

Rank	Place	Median monthly cost with a mortgage
22	Oradell Borough	$3,991 (±$218)
23	Edgewater Borough	$3,935 (±$428)
24	Ramsey Borough	$3,929 (±$227)
25	Hillsdale Borough	$3,915 (±$208)
26	Montvale Borough	$3,875 (±$287)
27	Leonia Borough	$3,840 (±$475)
28	River Edge Borough	$3,832 (±$139)
29	Paramus Borough	$3,794 (±$105)
30	Norwood Borough	$3,740 (±$215)
31	Washington Township (Bergen County)	$3,726 (±$265)
32	Fairview Borough	$3,619 (±$337)
33	Emerson Borough	$3,608 (±$210)
34	Fort Lee Borough	$3,579 (±$268)

Showing 13 of 69 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about River Edge Borough

What is the average mortgage payment in River Edge Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in River Edge Borough, NJ is $3,832 (±$139) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in River Edge Borough?

Owners without a mortgage in River Edge Borough pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in River Edge Borough gone up?

In River Edge Borough, the median monthly cost with a mortgage went from $3,395 in 2015–2019 to $3,832 in 2020–2024 (+12.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for River Edge borough, Bergen County, New Jersey (county subdivision:63360, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.