Established residential streets include ranches, capes, split-levels, colonials and larger newer homes, with lot sizes and price points varying considerably.
Morris County · Homes, Condos, Rentals & Property
Riverdale Real Estate
Riverdale's housing market is compact but varied. The borough contains established single-family neighborhoods, condominium communities, townhome-style housing, apartment rentals and newer multifamily development, with Route 23 and Interstate 287 providing unusually strong regional access for a community of this size.
Current sales show a broad range of values—from one-bedroom condominium units to large single-family homes—so property type matters more here than a single borough-wide median. Buyers should also pay close attention to flood mapping, association rules, water and sewer status, permits and the borough's active redevelopment and affordable-housing planning.
2026 Riverdale market snapshot
Riverdale is a low-volume market where the mix of condominiums and single-family sales can move borough-wide statistics substantially from month to month. Recent source panels should be treated as context rather than as a valuation for an individual property.
$466,500
Median Listing Price
Realtor.com trend panel · August 2026
$438,000
Median Sold Price
Realtor.com trend panel · August 2026
$422
Median Listing $ / Sq. Ft.
Realtor.com trend panel · August 2026
36 days
Median Days on Market
Realtor.com trend panel · August 2026
$422,270
3-Month Median Sale Price
Redfin · period ending June 2026
$2,800/mo.
Median Asking Rent
Realtor.com · June 2026
Why the sources differ: Realtor.com's August trend panel and Redfin's three-month calculation use different time windows and methodologies. Riverdale also has relatively few monthly sales, so one high-end house or a group of condominium transactions can materially shift a borough-wide median.
Housing types in Riverdale
Condominium communities are a major part of Riverdale's housing market. Recent transactions include one- and two-bedroom units in large multi-building developments.
The Grande is one of the borough's best-known condominium communities, with recent 2026 sales ranging from smaller units into larger two-bedroom residences.
Attached and planned-residential housing provides alternatives to detached single-family ownership and remains part of Riverdale's future housing strategy.
Apartments, condominium rentals and privately rented homes serve residents seeking alternatives to ownership. Realtor.com's June 2026 snapshot showed nine rental listings.
Although Riverdale's median prices are much lower, the borough does occasionally record seven-figure sales for larger, higher-end detached homes.
Location & commuting value
Riverdale's strongest real-estate advantage is access. Route 23 runs through the borough and Interstate 287 is immediately accessible, putting Wayne, Parsippany, Mahwah, Bergen County and broader North Jersey employment areas within practical driving range.
Immediate access to local shopping, dining, automotive services and regional routes toward Wayne and northern Passaic County.
Direct regional highway access north toward Mahwah and south toward Boonton, Parsippany and Morristown-area employment.
Riverdale has no passenger-rail station of its own. Buyers who rely on NJ TRANSIT rail should evaluate nearby stations and first/last-mile transportation separately.
Water, sewer & municipal infrastructure
Riverdale operates municipal water and sewer infrastructure, but sewer service has historically expanded in phases. Buyers should verify the exact utility configuration, connection status and any outstanding assessments for the specific property.
The borough maintains a water utility and accepts water-supply connection applications. Confirm current billing, meter status and any property-specific service history.
Riverdale has expanded public sewer service in phases. The 2026 municipal budget presentation identifies Phase 6 work for Halsey Avenue and Federal Place.
Riverdale authorized a $6.514 million water/sewer utility bond issue in 2026, reflecting continuing investment in borough utility infrastructure.
Verify before closing. Do not assume every property has identical service simply because nearby homes are connected. Obtain municipal utility information for the exact block and lot, and confirm balances through the Finance Department.
Riverdale Public Works
Finance / Utility Billing
Residential sale & occupancy requirements
Riverdale's Planning and Zoning Board forms include a Municipal CCO — Residential Sale of House as well as a separate CCO form for apartment rentals. Sellers, landlords and closing professionals should verify which inspections and approvals apply before the scheduled closing or occupancy date.
Riverdale provides a municipal CCO process specifically for the residential sale of a house.
Rental occupancy has a separate municipal CCO form, so landlords should not rely on a prior owner-occupancy approval.
Check the status of additions, decks, finished basements and other substantial improvements and resolve any open permits before closing when possible.
Zoning, construction & property improvements
Riverdale uses a joint Planning and Zoning Board. The borough reviews site plans, subdivisions and zoning matters, while variance requests require applicants to demonstrate that requested relief meets New Jersey municipal-land-use standards.
Confirm permitted use, setbacks and other zoning requirements before beginning additions, accessory structures or major site work.
Building services are currently provided through a shared-service agreement with Pompton Lakes. The Building Department can be reached at 973-835-0143.
The borough also publishes applications for tree pruning/removal and soil movement—important considerations for properties with substantial site work.
Older work deserves a record check. For a resale home, ask whether decks, additions, basement finishing, generators, electrical upgrades and other improvements were permitted and closed out.
Construction Department
Floodplain, rivers & drainage
Riverdale sits near the Pequannock and Pompton river systems. In 2025 the borough updated its flood-hazard-control ordinance and adopted current flood-hazard mapping, with the Pequannock River specifically identified as a state-studied water.
Determine whether the actual parcel lies in or near a mapped flood hazard area and whether flood insurance may be required by a lender.
Review grading, sump pumps, basement-water history, retaining walls, storm drains and the direction of surface runoff.
Projects in regulated flood areas may face elevation, construction or permitting requirements beyond ordinary local zoning.
Parcel-level review matters. A Riverdale mailing address alone does not tell you whether a home is in a flood hazard area. Always review the current map location of the individual property.
Property taxes, assessments & municipal accounts
The Riverdale Finance Office handles tax collection and utility billing. For a purchase decision, use the most recent tax bill and assessment for the actual property rather than estimating taxes from the sale price.
The municipal tax assessment is an administrative value used to distribute taxes; it is not necessarily the property's current market value.
Closing professionals should verify property taxes, water/sewer charges and municipal liens or assessments where applicable.
Additions and substantial improvements can result in added or omitted assessments that may change future tax bills.
Rental-property rules
Riverdale requires landlord/tenant registration, and certain residential rental units are subject to New Jersey lead-based-paint inspection requirements administered through the borough.
Owners must file required landlord registration information with the Borough Clerk and update the registration when required information changes.
Covered rental units generally require lead-based-paint inspection every three years or at tenant turnover, whichever is earlier, subject to statutory exemptions and valid lead-safe certificates.
Riverdale publishes a Municipal CCO form specifically for apartment rental occupancy.
Not every rental is subject to the same lead inspection rule. State-law exemptions can apply—for example, certain post-1978 dwellings and units with qualifying certifications. Owners should verify the rule for the specific property.
Clerk / Landlord Registration
Redevelopment & future housing
Riverdale has several planning initiatives that could shape future housing supply and land use. These projects should be viewed as planning and development activity—not as completed housing unless construction and occupancy have actually occurred.
The borough adopted a Quarry Redevelopment Plan in 2024. Its 2026 budget presentation reports that a preliminary site plan for the redevelopment was approved on May 7, 2026.
Riverdale established an inclusionary Affordable Housing Planned Residential District on an approximately 11-acre parcel near Rock Creek Crossing, allowing townhouse-oriented development with an affordable-housing set-aside.
The borough adopted a redevelopment plan in 2025 for designated parcels along Newark-Pompton Turnpike, adding another area to watch for future land-use change.
Approval is not completion. Redevelopment plans, zoning changes and preliminary site-plan approvals can take years to become finished residential units. Buyers should verify the current status of any project they believe may affect a nearby property.
Riverdale Master Plan Documents
Borough Ordinances
Buyer & seller checklists
For buyers
- Verify the property is physically within Riverdale and confirm its block and lot.
- Compare recent sales of the same property type—especially condo versus detached-home sales.
- Review the latest tax bill, assessment and municipal utility account.
- Determine whether the property has public sewer service and confirm connection status.
- Check current flood maps and investigate any prior basement or surface-water issues.
- Review open permits, variances and certificates for past improvements.
- For condos or planned communities, review HOA budgets, fees, rules, reserves, insurance and special assessments.
- Consider traffic and noise exposure for properties close to Route 23, I-287 or commercial areas.
- Investigate nearby redevelopment plans when evaluating long-term neighborhood conditions.
For sellers
- Begin the residential CCO process early and confirm applicable borough requirements.
- Resolve open construction permits or zoning issues before the closing date when possible.
- Gather tax bills, surveys, utility information and permits for substantial improvements.
- For condominium property, order resale documents and association account information early.
- Disclose known flood, drainage, water-intrusion and property-condition issues accurately.
- Price against comparable Riverdale properties of the same type rather than relying on one borough-wide median.
- For rental property, verify landlord-registration, rental CCO and lead-safe documentation.
NJTGO Riverdale real estate advertising
No paid Riverdale property listings are currently displayed. NJTGO can feature active homes, condos, rentals, open houses and eligible commercial properties through enhanced placements.
Photo, price, property details, neighborhood context and prominent placement.
Highlight an attached home, association amenities and relevant community features.
Promote an available apartment, condominium or professionally managed rental.
Time-sensitive placement for an upcoming public open house.
Paid agent or brokerage advertising can include a direct website and contact links.
Eligible retail, office, industrial or redevelopment-oriented property can receive paid placement.
Riverdale Real Estate
A compact Morris County housing market where condos, single-family homes, highway access, flood mapping, utility infrastructure and active redevelopment all deserve property-specific attention.
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