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503 Bushes Ln, Elmwood Park, NJ, 07407

1beds
1baths
--sqft
$359,999
--price/sqft
$2,658/moest. monthly cost
$106,320/yrincome needed

About This Home

Welcome to 503 Bushes Lane! This bright and inviting, well-maintained 1-bedroom, 1-bath condo is located in a desirable 55+ adult community. Featuring spacious rooms, high ceilings, and sliding doors that lead to a covered balcony, this home offers both comfort and style. Enjoy hardwood floors throughout and the convenience of an in-unit washer and dryer. The community clubhouse boasts a cozy fireplace and large flat-screen TV, perfect for gatherings, along with an outdoor heated pool and an exercise room overlooking the pool. Clubhouse can be rented for events. Additional highlights include one covered parking space with an attached storage unit. A true must-see—shows beautifully!

Getting Around

43
WalkingCar-Dependent
39
TransitSome Transit
31
BikeSomewhat Bikeable

Schools

3/10
3/10
Memorial Sr High SchoolGrades 9-121.1 mi

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Elevator

Property

Details

  • Parcel number: 110110500001503
  • Other equipment: Intercom

Features

  • Patio & porch: Terrace
  • Waterfront features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,820$21,840
Home Insurance *$79$948
Property Taxes $566$6,792
Electricity $193$2,318
Total$2,658$31,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,131/yr
40% on housing$79,740/yr
45% on housing$70,880/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07407$376
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07407$409
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Listed for sale$369,000
2020-02-20Listing removed$249,900
2020-02-05Listed for sale$249,900
2018-11-28Sold$235,000
2018-05-24Listed for sale$244,900

For Sale by Agent

AgentJoAnne Caiafa
BrokerageColdwell Banker, Ridgewood

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