Edgewater 07020

Bergen County, NJ · 3,943 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

48affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
31.4%
stretched
Days on market
109
daily
Price cuts
10.6%
of active
Valuation
-18.2%
vs assessor
Look up an address
63
/100
stable
hot · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

52/ 100SellerBalancedBuyer
Balanced Market
DOM: 95d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)50
Days on Market (5%)100

Balanced market in 07020. List price is roughly fair — focus on condition and value. Payment burden: 31.5% of median income. Median days on market: 95. Renting is approximately 26% cheaper than buying (price-to-rent ratio: 15.1).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 5.3% YoY.

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Market snapshoteach number, once

Median price
$715,130
▴ 5.3% YoY
Days on market
109
daily · zip_data
Median rent
$3,952
ZORI
Investor score
80/100
cash-flow lens
Active listings
97
90-day

Valuation3 lenses, different anchors

vs assessor
-18.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$584,700
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+61.3%
County-wide market — the widest, slowest signal.
Bergen+61.3%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income5.2×

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How 07020 ranks in NJ
percentile vs all NJ ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

8SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply22.5 mo
Days on Market109d
Inv vs History+16.4%
Listing Density--
Market dynamics
Price cut %10.6%
Momentumhot
LeverageBALANCED
Months of supply22.5
Sales (90d)0
Investment analysis
Median rent$3,952
Price-to-rent15.1
Est. cap rate4.3%
Buy vs rentneutral

Livability

Walk score7
Transit score86
Bike score

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Bergen County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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