Condo For Sale in Palisades Park, NJ
MLS# : 24006154
PROPERTY DETAILS
PROPERTY DESCRIPTION
Location and location! Rare to find bright and this quiet unit in 1986 built midrise building with elevator access. Offers facing the other side of Grand ave, wood floor throughout, an energy-efficient hot water baseboard heating system, updated bathroom, newer appliances and a spacious living area with generous closets. Low property taxes and maintenance fees sweeten the deal, encompassing one assigned parking spot and water service. Convenience is key, with easy access to highways and bus stations for seamless NYC commuting. Embrace the neighborhood charm with leisurely strolls to King Spa, Overpack Park, supermarkets, and an array of tantalizing eateries and cafes. Don't miss out on this opportunity - schedule your viewing today! *Note: The property tax is $3453 per year/$287.75 per month. Monthly HOA is $261 per month
Amenities
- Common Area
- Elevator
- F/T Handyman
Dishwasher, Ov/Rng/Ele, Refrigerator
Life Style :Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
This listing is a courtesy of EXP Realty, LLC - Englewood Cliffs
(866) 201-6210 office, listing agent Emily Kim
About Palisades Park, NJ Real Estate Market
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
PRICE INDEX
| Average Price* (12mo): | $709,676 |
| Homes Sold* (12mo): | 15 |
SINGLE FAMILY HOME SALES
Palisades Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.584% |
| Effective Tax Rate (2021): | 1.357% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $530,000 - 1,375,000 | 5 avail |
| Condos : | $279,999 - 1,425,000 | 24 avail |
| Co-ops : | - | |
| Twnhs : | $1,090,000 - 1,395,000 | 9 avail |
| 2-4 Fam : | $775,000 - 2,579,990 | 13 avail |
| 5+ Fam : | - | |
| Land : | $4,000,000 - 4,000,000 | 1 avail |
| Rentals : | $1,350 - 13,000 | 47 avail |
| Mixd Use : | $1,890,000 - 1,890,000 | 1 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $10,000 - 1,850,000 | 11 avail |
