254 Midland Ave, River Edge, NJ, 07661
About This Home
A rare opportunity to own a beautifully renovated home within walking distance to both River Dell Middle School and River Dell High School, located in one of River Edge's most desirable neighborhoods and top-rated school districts. Renovated approximately 2.5 years ago, this move-in ready home features three bedrooms on the main level, a bright open-concept living and dining area, a modern kitchen with newer appliances, and an updated full bath. The walk-up upper level offers a private primary suite with a full bath, while the finished lower level provides flexible space for a family room, recreation room, home office, or gym. Recent improvements include a newly constructed detached garage and updated outdoor spaces. The home also features a transferable solar PPA with an approximate $62/month payment, helping keep electric costs low, and is pre-wired for EV charger installation. Ideal for both owner-occupants and investors, this property offers strong rental demand thanks to its exceptional location. Previously rented for $5,000/month, providing an attractive approximately 5% cap rate. Conveniently located near parks, shopping, dining, and transportation. Don't miss this exceptional River Edge opportunity!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Natural Gas,Forced Air
- Cooling features: Central Air
Property
Details
- Parcel number: 5200105000000012
Features
- Pool features: None
- Patio & porch: Deck / Patio
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Features: Corner Lot
Parking
- Total spaces: 2
- Parking features: Garage
- Attached garage spaces: 1
- Covered spaces: 1
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
- Inland Flooding
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,293 | $51,516 |
| Home Insurance * | $150 | $1,800 |
| Property Taxes | $1,337 | $16,044 |
| Electricity | $193 | $2,318 |
| Total | $5,973 | $71,676 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $849,000 |
| 2023-11-01 | Sold | $435,000 |
| 2023-10-31 | Pending sale | $435,000 |
| 2023-09-28 | Listed for sale | $435,000 |
| 2023-09-16 | Pending sale | $435,000 |
| 2023-08-23 | Listed for sale | $435,000 |
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