Edgewater, New Jersey.
Typical home $703,017 (+5.0% in a year), asking rent $3,628 (+4.6%). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,722 (+88%) since Jan 2020.
- 1 year
- Up $33,366 +5%
- $669,651$703,017 since Sep 2025
- 5 years
- Up $130,711 +23%
- $572,306$703,017 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Edgewater$3,690
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Edgewater, NJ rose 5.0% over the past year — faster than the nation's +1.2%.
Asking rents in Edgewater, NJ rose 4.6% over the past year — faster than the nation's +2.7%.
Owning the typical home in Edgewater runs $1,755/mo more than renting one — the widest that gap has been in this data.
That is $5,383 a month against $3,628 rent: a $3,690 mortgage payment, plus $940 property tax and $753 insurance & upkeep.
Owning vs renting — Edgewater
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,383
- Renting$3,628
- Mortgage only$3,690
Property tax · $940/mo 1.61% of value a year — the ACS 2020-2024 median bill over the median home value for Bergen County, NJ
Insurance & upkeep · $753/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Edgewater, Bergen County, New Jersey
Edgewater is a borough of 14,336 people in Bergen County. Half its households earn more than $124,050 a year and half less, against $124,884 across Bergen County; 8% of its people live below the poverty line. 40% of its homes are lived in by their owners and 60% are rented. Unemployment in Bergen County was 4.0% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Edgewater is a borough in Bergen County, New Jersey, and homes there are mostly rented rather than owned, with more renters than across the county. Household incomes sit just under the county's, and a large majority of adults have a four-year degree. Winters are cold, with highs near freezing in January and a fair amount of snow, while July brings warm summer afternoons and rain is spread through the year.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in banks, insurance and property, or in shops. Some of the largest workplaces in Edgewater are Target, the Edgewater School District and Trader Joe's. Commutes are longer than many people are used to, and a good number of residents work from home.
Things to do. Central Park, a garden in or beside town according to the listing, is the nearest of the better-known places. A short drive away are the Metropolitan Museum of Art and the Museum of Modern Art, both museums, and the Statue of Liberty, a tourist attraction, is a longer drive away.
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- 7,217households
- 73%of adults have a degree
- 8%below the poverty line
- 38 mintypical commute
- 30%work from home
What residents work in
Employed residents by industry, from the Census survey. Bergen County had 437,006 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 28°; warmest in July, with highs near 85° and lows near 70°. About 30 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the New York Cntrl Pk Twr weather station, 3 miles away (NOAA).
Largest workplaces in Edgewater
- Edgewater234
- TargetDiscount department stores179
- Edgewater School DistrictSchool district151FTE
- Trader Joe's 0606 EdgewaterGrocery store143
- Acme MarketsSupermarkets and other grocery stores115
- Sunrise Senior Living, LLC.Nursing care facilities70
- EdgewaterMail and parcel delivery21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 762 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- Winter weatherRelatively high
- Coastal floodingRelatively moderate
- Strong windRelatively moderate
- EarthquakesRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Edgewater’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Bergen County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Edgewater home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Edgewater$703,017
- New Jersey$575,123
- United States$366,157
Sellers are cutting prices on about 1 in 5 Edgewater listings, and the typical home goes pending in 38 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Edgewater18.40%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Edgewater95
New listings per month
Sellers arriving at the market.
- Edgewater20
Zip codes with a Edgewater address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Edgewater — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.