Home Insurance in Ridgefield Park, New Jersey
With a median home value of $496,700, Ridgefield Park is 20% lower than the Bergen County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Ridgefield Park was built around 1948. About 69% of homes were built before 1960, about 18 points above Bergen County's 51%.
The housing stock in Ridgefield Park is 44% single-family homes and 29% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Ridgefield Park, about 66% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Ridgefield Park has an owner-occupancy rate of 60% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in Ridgefield Park - 66% - are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Bergen County had 10,272 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is coastal flooding (Very High). See the full Bergen County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in New Jersey is $1,551 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $496,700 |
|---|---|
| Median year built | 1948 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Bergen County | 10,272 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)