Living in Park Ridge Borough, Bergen County, New Jersey, offers residents a unique blend of suburban tranquility, strong community ties, and convenient access to urban amenities. With a population of about 8,800, the borough is characterized by its low crime rate and high quality of life, making it an appealing option for families and professionals alike.
Pros and Cons of Living in Park Ridge Borough, NJ
Living in Park Ridge provides several advantages, including a low crime rate of just 0.74 per 1,000 residents, fostering a safe environment for families. The community is known for its close-knit atmosphere, with many residents actively participating in local events and organizations. However, potential downsides include higher property taxes, which average around $9,500 annually, posing a financial consideration for prospective homeowners.
Quality of Life and Cost of Living in Park Ridge, NJ
Park Ridge boasts an impressive quality of life, reflected in its average household income of approximately $110,000. Nonetheless, the cost of living in the borough is about 36% higher than the national average, primarily due to elevated housing costs, with the median home price hovering around $600,000. This higher cost can be attributed to the desirability of the area and its proximity to New York City, making it a sought-after location for commuters.
History of Park Ridge Borough, NJ
Established in 1894, Park Ridge originally formed part of Harrington Township. The borough’s development was significantly influenced by the arrival of the railroad, which transformed a rural landscape into a suburban community over the past century. Its historical roots are evident in well-preserved architecture and local landmarks, reflecting the evolution of the area from agrarian beginnings to a thriving residential borough.
Education and Employment Opportunities in Park Ridge, NJ
The educational landscape in Park Ridge is anchored by the Park Ridge School District, which boasts a commendable graduation rate of 96%. This robust education system prepares students well for higher education and the workforce. Employment opportunities are favorable, as many residents commute to New York City, where the average salary is about $80,000, offering diverse career pathways and professional growth.
Recreation and Attractions in Park Ridge Borough, NJ
Park Ridge features a variety of recreational options, including the expansive 25-acre Woodland Park, which provides outdoor activities and community events. The borough hosts the annual Park Ridge Street Fair, fostering local engagement and entertainment. Additionally, nearby attractions such as the Paramus Park Mall and the New Jersey Botanical Garden offer residents access to shopping, dining, and cultural experiences.
Real Estate and Transportation in Park Ridge, NJ
The real estate market in Park Ridge is competitive, with homes typically selling quickly due to high demand. Public transportation options are convenient, with NJ Transit train service providing direct access to Manhattan, with an average commute time of around 45 minutes. This accessibility enhances the appeal of Park Ridge for professionals seeking a suburban lifestyle without sacrificing proximity to the city.
In conclusion, Park Ridge Borough, NJ, represents an attractive option for those seeking a suburban lifestyle with strong community values, quality education, and convenient access to urban amenities. While the higher cost of living and property taxes are factors to consider, the overall benefits make it a worthwhile location for families and professionals alike.