152 Valley Rd River Edge, NJ $1,349,000 JUST LISTED 5,400 sq ft 5 beds 3 baths Description Images Video Tour Location Nestled …
Living in Waldwick NJ
Living in Waldwick NJ
Welcome to Waldwick NJ
Waldwick is a borough located in Bergen County, New Jersey. As of the 2020 United States census, the borough’s population was 10,058. The borough has the nickname “The Light in the Woods.”
History of Waldwick NJ
Waldwick’s history dates back to the pre-Columbian era when it was inhabited by the Lenape Native American tribe. European exploration began when a Dutch trading expedition landed in the region in 1610. The area became a Dutch possession in 1624 as part of the Nieuw Amsterdam colony. From 1624 to 1664, the region was sparsely developed by Dutch settlers, primarily for agricultural purposes. The English annexation of Nieuw Amsterdam in 1664 led to increased immigration and the development of several settlements. In the mid-19th century, Waldwick was a small settlement within Franklin Township. The Erie Railroad’s establishment of a train station spurred significant population growth. Waldwick was incorporated as a borough on April 7, 1919, from the remaining portions of Orvil Township. The name “Waldwick” is believed to derive from Old English, meaning “beautiful grove” or “village in a grove.”
Unique Character and Offerings:
- Historic Places: Waldwick boasts several historic sites listed on the National Register of Historic Places, including the Erie Railroad Signal Tower, Albert Smith House, Waldwick Railroad Station, and the now-demolished White Tenant House.
- Education: The Waldwick Public School District serves students from pre-kindergarten through twelfth grade. The district has four schools. Additionally, Waldwick is home to the Waldwick Seventh-day Adventist School, The Village School (a Montessori school), and The Forum School for developmentally disabled students.
- Transportation: Waldwick is accessible via several major roadways, including Route 17, County Route 502, and County Route 507. The borough also offers public transportation options.
Top Reasons to Live in Waldwick, NJ
Close-Knit Community: Waldwick is described as a small, close-knit town where residents share a strong sense of community and belonging. This fosters a warm and welcoming atmosphere for both newcomers and long-time residents.
Quality Schools: The Waldwick Public School District is known for its commitment to educational excellence. The schools in the district are reputed to be pretty good, ensuring that students receive a quality education.
Recreational Opportunities: Waldwick, NJ, boasts small neighborhood parks equipped with playgrounds and sports facilities, providing perfect spots for family outings and outdoor activities. The town also features an undeveloped, forested park, offering a natural retreat for those seeking a peaceful escape amidst nature
Safe and Quiet: Waldwick is recognized as a safe and quiet town, making it an ideal place for families and individuals seeking peace and security.
Proximity to Major Towns: Waldwick’s location is strategic, with close proximity to other major towns like Ridgewood, Allendale, Ramsey, and Paramus. This ensures that residents have easy access to a wider range of amenities and services.
Diverse Community: Waldwick boasts a diverse community, ensuring that residents from various backgrounds feel at home and are well-represented.
Housing: Waldwick offers a mix of housing options, from elegant homes to smaller houses, catering to a range of preferences and budgets. Many residents are private homeowners, emphasizing the town’s suburban feel.
Accessibility to NYC: Waldwick’s close proximity to New York City is a significant advantage for those who work in the city or enjoy its myriad attractions. This makes daily commuting or weekend getaways convenient.
Dining Options: The town has some decent restaurants, such as Nellies Place, offering residents a variety of dining options to choose from.
Historic Significance: Waldwick is home to several historic sites, including the Waldwick Railroad Station, which is listed on the National Register of Historic Places. This adds to the town’s charm and cultural significance.
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Cost of Living in Waldwick
Waldwick, located in Bergen County, New Jersey, offers a unique blend of suburban charm and modern amenities. When considering the cost of living in this borough, it's essential to compare it with both the state and national averages to gain a comprehensive understanding.
Overall Cost of Living
Waldwick's cost of living index is 141, indicating that the total expenses for housing, food, child care, transportation, healthcare, taxes, and other necessities are 41.0% higher than the U.S. average. However, it's 17.7% lower than the New Jersey average.
Housing Costs
A typical home in Waldwick costs $552,100, which is 63.3% more expensive than the national average ($338,100) and 27.8% pricier than the average New Jersey home priced at $432,100. Renting a two-bedroom unit in Waldwick averages $2,390 per month, 67.1% higher than the national average of $1,430 and 28.5% more than the state average of $1,710.
Utilities, Groceries, and Other Expenses
The cost of utilities in Waldwick is 13.1% higher than the national average, while grocery expenses are 6.6% above the U.S. average. Transportation costs are also higher, with a 32.8% increase compared to the national average.
Healthcare
Healthcare costs in Waldwick are slightly below the national average, with a 2.1% decrease.
Income Recommendations
To live comfortably in Waldwick, an annual income of $105,840 for a family and $82,400 for a single person is recommended.
Pros and Cons
Waldwick offers a suburban feel with many private homeowners. It's recognized as one of the best places to live in Bergen County, with a low poverty rate and a high livability score. However, its small population size (9,948 residents) might be a drawback for some, as larger cities often offer more economic opportunities.
While Waldwick's cost of living is higher than the national average, it offers a safe, community-oriented environment with quality education and amenities. The higher costs are offset by the benefits of living in a borough with a rich history, diverse community, and proximity to major cities.
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Waldwick Job Market
Waldwick, situated in Bergen County, New Jersey, is a small town that offers a blend of suburban tranquility and modern conveniences. When diving into the job market of this borough, several key points emerge:
Unemployment Rate
As of recent data, Waldwick has an unemployment rate of 7.4%, which is slightly higher than the US average of 6.0%. This indicates that while most residents have stable employment, there's still a portion of the population seeking job opportunities.
Job Growth
Over the past year, Waldwick has experienced a job market decrease by -0.5%. However, future job growth over the next decade is predicted to be 25.3%, which, while promising, is still lower than the US average projection of 33.5%.
Major Industries and Sectors
Waldwick's economy is diverse, with several sectors contributing to its job market. Some of the prevalent industries include:
Educational Services
14.7% of the population work in this sector, indicating a strong emphasis on education.
Health Care and Social Assistance
This sector employs 12.3% of the population, reflecting the importance of healthcare services in the borough.
Professional, Scientific, and Technical Services
10% of the residents work in this sector, showcasing the presence of professionals and technical experts.
Finance and Insurance
Another significant sector, with 10% of the population employed in it.
Retail Trade
9% of Waldwick's residents work in retail, indicating a vibrant local commerce scene.
Income Levels
The average income of a Waldwick resident stands at $44,201 annually, which is considerably higher than the US average of $28,555. Furthermore, the median household income in Waldwick is a robust $132,315, almost double the US average of $69,021.
While specific major employers in and around Waldwick weren't explicitly mentioned in the sources, the data suggests a thriving local economy with diverse job opportunities. The presence of various sectors ensures that residents have multiple avenues for employment, contributing to the borough's overall prosperity.
Things to Do in Waldwick, NJ
Waldwick, a charming borough in Bergen County, offers a plethora of activities and attractions for both residents and visitors. Here's a breakdown of some of the things you can indulge in:
Outdoor Activities and Recreational Spots
Waldwick is home to several parks and recreational areas where residents can enjoy the outdoors. While specific parks within Waldwick weren't mentioned in the sources, its proximity to larger natural attractions in Bergen County, such as the Saddle River County Park, provides ample opportunities for hiking, picnicking, and other outdoor activities.
Local Attractions, Museums, and Art Scenes
Waldwick Museum of Local History: This museum is a hidden gem that covers the history of Waldwick, including its local railroad history. It offers well-organized displays and is run by knowledgeable volunteers.
Erie Railroad Signal Tower: An interesting piece of local history, this signal tower served as a watchtower for the local rail system.
Shopping Destinations
While Waldwick itself might not be a major shopping hub, its proximity to larger towns in Bergen County means residents have access to a variety of shopping destinations. Towns like Paramus are just a short drive away and offer a plethora of shopping malls and retail outlets.
Dining and Nightlife Options
Waldwick offers a range of dining options. One notable mention is the Waldwick Whistle Stop, known for its delicious burgers and chicken fingers. While nightlife in Waldwick might be on the quieter side, its closeness to larger towns and cities ensures that residents and visitors have a variety of entertainment options to choose from.
Waldwick provides a balanced mix of historical attractions, outdoor activities, and modern amenities. Its strategic location in Bergen County means that even if something isn't available within the borough, it's likely just a short drive away.
Climate in Waldwick], NJ
Waldwick, located in Bergen County, New Jersey, experiences a humid continental climate characterized by warm summers and cold winters. Here's an overview of the typical climate patterns:
Temperature Variations
During the summer months, Waldwick sees average temperatures hovering around 75°F (24°C). In contrast, the winter months bring colder temperatures, with averages dropping to about 32°F (0°C). The hottest month is July, with an average high of 81.2°F, while January is the coldest, with nighttime temperatures averaging 16.5°F.
Precipitation Patterns
Rainfall is distributed throughout the year, with a slight increase during the spring and summer months. Annually, Waldwick receives approximately 47 inches (119 cm) of rain. Snowfall is also a common occurrence during the winter months, with an average accumulation of 25 inches (63.5 cm) per year.
Sunshine and Humidity
Waldwick enjoys an average of 210 sunny days annually, slightly above the US average of 205 sunny days. Humidity levels are generally comfortable, though some summer months can feel sticky or muggy. July is the most humid month, with the highest levels of moisture in the air.
Notable Climate Highlights
Waldwick's climate is considered less comfortable than many other places in New Jersey, with a BestPlaces Comfort Index rating of 6.9 out of 10. Despite this, the borough boasts several pleasant months, with June, August, and September being the most agreeable for outdoor activities.
Waldwick offers a mix of warm summers and chilly winters, with a fair amount of precipitation throughout the year. Residents and visitors can expect a range of weather conditions, making it essential to be prepared for varying temperatures and occasional rainfall or snowfall.
Education in Waldwick, NJ
Waldwick, NJ, offers a comprehensive educational environment for its residents, with a mix of public schools, private institutions, and higher education options.
Waldwick Public School District
The Waldwick Public School District is dedicated to excellence in education and provides a comprehensive education for all its students. The district emphasizes academic excellence in all of the New Jersey Core Curriculum Content areas and the National Common Core Curricular. In addition to academics, the district promotes character education, good citizenship, and offers various co-curricular activities to meet students' needs and interests.
Here's a list of schools within the Waldwick Public School District:
Julia A. Traphagen Elementary School
Address: 153 Summit Avenue, Waldwick, NJ, 07463
Grades: Pre-K - Elementary
Rated 9/10 on GreatSchools, this school is known for its student progress, test scores, and equity.
Waldwick Middle School
Address: 155 Wyckoff Avenue, Waldwick, NJ, 07463
Grades: Middle School
With a rating of 8/10 on GreatSchools, the school is recognized for its student progress, test scores, and equity.
Crescent Elementary School
Address: 165 Crescent Avenue, Waldwick, NJ, 07463
Grades: Elementary
Rated 7/10 on GreatSchools, the school is appreciated for its student progress, test scores, and equity.
Waldwick High School
Address: 155 Wyckoff Avenue, Waldwick, NJ, 07463
Grades: High School
With a rating of 6/10 on GreatSchools, the high school offers a comprehensive educational experience for its students.
Higher Education and Nearby Universities: For higher education, residents of Waldwick have access to various colleges and universities in the broader Bergen County and New Jersey area. Some notable institutions include Ramapo College, Bergen Community College, and Fairleigh Dickinson University.
Waldwick provides a robust educational environment, ensuring that students receive a well-rounded education that prepares them for future endeavors.
Real Estate in Waldwick, NJ
For individuals considering the Bergen County real estate scene, it's essential to delve into the specific dynamics of its towns. Waldwick, one such town within Bergen County, presents a distinct real estate profile that offers valuable insights when compared to the county's overall trends.
In 2022, Waldwick saw the successful sale of 104 homes. The average sold price in the town was $569,037, which is notably higher than its average listing price of $548,927. This positive price differential underscores a strong demand in Waldwick, with homes often securing prices that exceed their initial listing values. The median sold price was pegged at $550,500, and properties in Waldwick were snapped up quickly, averaging just 24 days on the market.
In comparison, Bergen County reported a more extensive sale of 6,772 homes during the same timeframe. The county's average sold price was considerably higher at $835,776, with homes being listed for an average of $841,354. While the broader county also saw homes selling close to their listing prices, the average duration on the market was slightly longer, standing at 39 days.
So, what do these figures imply for potential buyers or sellers in Waldwick? The town's real estate market is characterized by rapid sales, with homes often fetching prices close to or above their listing values. This suggests a favorable environment for sellers, given the high demand for properties in Waldwick. For buyers, Waldwick offers a competitive yet rewarding market, with properties being more affordable than the county's average, yet showing a strong appreciation potential.
While Bergen County's overarching real estate market remains buoyant, towns like Waldwick shine with their unique market attributes. Whether you're contemplating a purchase in Waldwick or looking to capitalize on its thriving market as a seller, understanding these market nuances can be instrumental in making informed decisions.
Commuting from Waldwick to Manhattan
Waldwick's strategic location in Bergen County offers residents multiple commuting options to New York City, ensuring convenience and flexibility. Here's a detailed overview:
By Bus: The Shortline Bus operates a direct service from Waldwick, specifically from the intersection of Rt 17 and Prospect, to New York, NY. Buses depart hourly, and the journey typically takes about 43 minutes. This is a popular choice for many commuters due to its frequency and direct route.
By Train: Waldwick is serviced by the NJ Transit train line. Residents can catch a train from the Waldwick station and arrive at Hoboken in approximately 56 minutes. From Hoboken, commuters can easily transfer to the PATH trains or other NJ Transit lines to reach various parts of New York City.
By Car: For those who prefer to drive, Waldwick is approximately 26 miles away from New York City. The journey by car, depending on traffic conditions, takes around 34 minutes. Major highways connecting Waldwick to NYC include the Garden State Parkway and Interstate 80.
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Travel Times and Availability: Whether you choose to commute by bus, train, or car, it's essential to note the availability and frequency of each mode. Buses operated by Shortline Bus depart hourly, while NJ Transit trains from Waldwick to Hoboken have a frequency of every 30 minutes. For those driving, the road distance between the two locations is 25.7 miles.
In conclusion, Waldwick offers a range of efficient commuting options to New York City, catering to the diverse needs of its residents. Whether you're looking for the convenience of a direct bus route, the connectivity of a train line, or the flexibility of driving, Waldwick ensures a smooth and hassle-free commute.
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Ryan Gibbons
Ryan Gibbons is the co-founder and team leader of North Jersey Partners brokered by eXp realty in Oradell, NJ. He has over 10 years of experience in the real estate industry, helping clients throughout northern NJ achieve their real estate goals.
With a passion for providing exceptional customer service, Ryan and his team at North Jersey Partners strive to provide clients with a positive and stress-free real estate experience. He believes in the power of knowledge, and makes effort to stay up-to-date on the latest market trends and developments in the industry. His commitment to excellence and dedication to his clients has earned him the trust of many happy homeowners.
If you're looking for a knowledgeable real estate expert in the northern NJ area, look no further than Ryan Gibbons and North Jersey Partners.