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163 Monroe Ave, River Edge, NJ, 07661

4beds
2baths
--sqft
$780,000
--price/sqft
$5,852/moest. monthly cost
$234,080/yrincome needed

About This Home

Welcome to 163 Monroe Avenue in desirable River Edge, an exceptional opportunity to own a home in one of Bergen County's most sought-after communities and make it your own. Ideally situated on a quiet street adjacent to Brookside Park, this home offers the perfect blend of location, space, and potential. Enjoy top-rated schools, shopping, dining, and convenient transportation to New York City via the nearby River Edge NJ Transit station and express bus service. Minutes away, Van Saun County Park features a zoo, carousel, miniature train, pony rides, playgrounds, and scenic walking paths.This sun-filled 4-bedroom, 2 full bath home features a flexible layout. The first floor offers an entry foyer with coat closet, living room, bright eat-in kitchen with backyard access, two spacious bedrooms, and a full bath. A second-floor addition completed in approximately 2011 adds a generous family room, two oversized bedrooms, and a second full bath. The partially finished basement provides storage and potential for additional living or recreational space. The expansive backyard is perfect for entertaining, relaxing, or play and includes a Marquis swim spa for recreation, fitness, or athletic training. Additional highlights include fully paid-off Tesla solar panels and a Tesla EV charger. With solid bones and an unbeatable location, this home presents an outstanding opportunity to customize and update while enjoying everything River Edge has to offer.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

10/10
8/10
River Dell Middle SchoolGrades 7-80.8 mi
8/10

Construction

Materials

  • Construction materials: Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Property

Details

  • Parcel number: 5200605000000007

Features

  • Pool features: Above Ground
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Features: Regular

Parking

  • Total spaces: 1
  • 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
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Earthquake
Heat Wave
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 $3,944$47,328
Home Insurance *$138$1,656
Property Taxes $1,577$18,924
Electricity $193$2,318
Total$5,852$70,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,640/yr
40% on housing$175,560/yr
45% on housing$156,053/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 07661$606
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07661$489
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
2026-07-22Listed for sale$780,000
2026-06-11Pending sale$780,000
2026-05-14Listed for sale$780,000
2001-09-05Sold$274,900

For Sale by Agent

AgentYelena Notkina
BrokerageRE/MAX Properties Select

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