Baristanet Real Estate Guide: Glen Ridge

A three-mile long, half-mile wide sliver of a town, Glen Ridge is known for its historic housing stock, old-fashioned gas lamps and good schools. Wedged between Montclair and Bloomfield, with one end also bordering East Orange, Glen Ridge enjoys the resources of its larger neighbors Montclair and Bloomfield, including restaurants, stores and some shared municipal services. Midtown direct train service takes commuters into Penn Station in 35 minutes during rush hour, and runs throughout the day. Historic preservation is taken seriously: 80 percent of the borough lies within the borough’s highly-regulated historic district. If you crave a small-town atmosphere an easy commute from New York City, with Victorian-era housing stock, mature shade trees and highly-educated lacrosse moms, Glen Ridge could be it. But it’s less diverse than neighboring towns and its small size means fewer electives at the high school level.

On the market
Home prices range from $64,900 (apartment) to $1,269,000 for a six-bedroom center hall Colonial on Ridgewood Ave., Glen Ridge’s main show street, with an average price of $475,709. About 42 homes are on the market at this time. “Glen Ridge has a wonderful school system (ranks #4 in the state per NJ Monthly), a New York City midtown direct train and bus system , gas lit lamps and historical well-kept homes and very little inventory,” says Brigitte Van Note, owner and broker, Rhodes, Van Note & Company Realtors. “Relative to the rest of the area, Glen Ridge home values have not seen a sharp decrease.”

The tax rate is 2.907, which translates to an annual tax bill of $14,535 for a $500,000 house, but a tax revaluation is planned for later in 2012.

Vital statistics
Population
7,527 people (2010 Census data)
(Source: Muninetguide.com using 2000 and 2010 U.S. Census Data):
Demographics: 82.2% white, 5.0% black, 4.7% Asian, 5.0% Latino.
Income: The median income for a household was $166,409 (based on 2000-2009 U.S. Census data, plus inflation), and the median income for a family was $167,075.
Voted in 2008 Election: Obama 62.93%, McCain 35.19%
NJ Monthly High School Ranking: Glen Ridge: 4 (2010); 5 (2008)
Schools: Forest Avenue School, Linden Avenue School, Ridgewood Avenue School, Glen Ridge High School

Click here to sign up for Baristanet's free daily emails and news alerts.

2 COMMENTS

  1. Written/assembled by BAristanet’s crack editorial staff and yet you still let a phrase like “Glen Ridge is know (sic) for its….” get by?

    I wonder who this is meant for. It reads like copy in a real estate brochure handed to first-time homebuyers who don’t know the area very well. Surely locals already know most of this stuff, no? The ones who post here certainly do.

    Or is this part of a carefully crafted response by the Baristas to the recent spate of praise by guys like Jim Romenesko for, of all places, Patch?

    Glen Ridge did have one great mayor in Carl Bergmanson, however.

Comments are closed.