Real Estate Market Update for 07456 (Ringwood, NJ)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 31% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 17%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 310-thousand dollars. The number of units sold was consistent year-over-year, and increased 36% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 07456 (Ringwood, NJ)
Area Information for 07456 (Ringwood, NJ)
  • Population: 12,120
  • Median Age: 44.24 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 481/sq mi
  • Population Change Since 2000: -2.1%
  • Closest Airport: Newark Liberty International
  • Closest College: Ramapo College Of New Jersey
  • Closest Jr. College: Eastwick College
  • Median Household Income: $104,602
  • Annual Residential Turnover: 5%
  • Median Home Sales Price: $292,000
  • Closest Major Sports Team: New York Giants
  • Change Avg. Household Income Since 2000: 21.35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07456 (Ringwood, NJ)
Median Age: 44.24 Married: 49% Number of Households: 4,143 Households with Children: 1,647
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07456 (Ringwood, NJ)

      School Name Distance Type Grades School Rating Parent Rating
      Eleanor G. Hewitt Elementary School 1.0 mi Public 4-5 0 0
      Robert Erskine Elementary School 1.1 mi Public K-3 4 0
      St Catherine Of Bologna School 1.1 mi Catholic PRESCHOOL-8 0 0
      Ringwood Christian School 1.5 mi Private PRESCHOOL-8 0 0
      Papillon Montessori School 1.5 mi Private PRESCHOOL-K 0 0
      Skylands School For The exceptional 1.8 mi Public 1-7 0 0
      Martin J. Ryerson Middle School 1.8 mi Public 6-8 3 0
      Cradles To Crayons Childcare Center 1.9 mi Private - 0 0
      Countryside Childcare And Learning Center 1.9 mi Private PRESCHOOL-K 0 0
      Kradle 2 Kindergarten 2.2 mi Private PRESCHOOL-K 0 0
      Peter Cooper Elementary School 2.7 mi Public K-3 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 07456 (Ringwood, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.