Bergen County, NJ

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Palisades Park, Bergen County Real Estate

About Palisades Park, NJ Real Estate Market

A very small borough located in Bergen County in New Jersey state, Palisades Park has a population of more than 20,000 people, most of which hail from Korea. The borough is spread over just 1.28 square miles and shares its borders with neighboring boroughs like Fort Lee, Ridgefield Park, Leonia and Morsemere.

The foundation of Palisades Park as a modern borough got laid in 1899 under an act of the New Jersey Legislature. A few portions of Ridgefield Township got included for the formation of Palisades Park, which seeks inspiration from its location, which is at the top of New Jersey Palisades.

As said above, it is densely inhabited by Koreans, which form around 65 per cent of the total population of the borough. The borough is also known as ‘Little Korea’ and ‘Koreatown on the Hudson’ by the American natives. Even the central business district located around Broad Avenue is known as Koreatown due to the rich ethnicity of Koreans in the area. In 2015, a proposal for changing the name of Broad Avenue to ‘Korea Way’ was introduced by the Korean-American Association of Palisades Park to the mayor of the town. The influence of Korean culture is evident in this part of New Jersey real estate too.
Population:  19,622
Total Housing Units:  7,362
Single Family Homes:  3,547
General Tax Rate (2021):  1.584%
Effective Tax Rate (2021):  1.357%
Compare To Other Towns

Palisades Park Market Indicators


Average Price* (12mo):  $758,504
Homes Sold* (12mo):  17

Palisades Park, NJ
12 Month Moving Average

1 YR 2 YR 3 YR 5 YR 7 YR MAX

Download Full Home Sales Report


General Tax Rate (2021):  1.584%
Effective Tax Rate (2021):  1.357%
GENRAL TAX RATE - Palisades Park, NJ

Palisades Park Schools & Libraries

CR Smith Early Child Center

Public - Grade: KG - 1

271 Second St, Palisades Park, NJ 07650
Tel: 201-947-3556


Public - Grade: 2 - 7

Glen Ave, Palisades Park, NJ 07650
Tel: 201-947-3556

Palisades Park Jr Sr High School

Public - Grade: 8 - 12

Veterans Plaza, Palisades Park, NJ 07650
Tel: 201-941-1100

Notre Dame Interparochial School

Private - Grade: PK - 8

312 1st St, Palisades Park, NJ 07650
Tel: 201-947-5262

New Christian Academy

Private - Grade: PK - KG

430 Commercial Ave, Palisades Park, NJ 07650
Tel: 201-592-8611

Palisades Park Free Public Library

257 Second St, Palisades Park, NJ 07650
Tel: 201-585-4150
Real estate inventory
Palisades Park
Homes : $459,000 - 1,699,000 7 avail
Condos : $350,000 - 1,390,000 14 avail
Co-ops : -
Twnhs : $850,000 - 1,345,000 10 avail
2-4 Fam : $795,000 - 2,500,000 10 avail
5+ Fam : -
Land : $4,000,000 - 4,000,000 1 avail
Rentals : $1,800 - 11,000 47 avail
Mixd Use : $1,890,000 - 1,890,000 1 avail
Com S : -
Com L : -
Biz : $10,000 - 699,000 10 avail

Gold Coast on The Hudson Apartment Buildings
Fort Lee 26 buildings
Edgewater 29 buildings
Cliffside Park 6 buildings
North Bergen 6 buildings
Guttenberg 2 buildings
West New York 4 buildings
Union City 1 buildings
Weehawken 5 buildings
Hoboken 10 buildings
Jersey City 9 buildings


office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih

Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny

Licensed as Marek Zagorski
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 07/18/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”

Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).

General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)