2-4 Family Home For Sale in Palisades Park, NJ
MLS# : 25022158
PROPERTY DETAILS
PROPERTY DESCRIPTION
Exceptional 2-Family Home in Prime Palisades Park! Beautifully maintained 2-family home in one of Palisades Park’s most desirable locations. Ideal for extended families or investors seeking comfort and rental income. The 1st floor offers perfect one-floor living with a spacious kitchen and dining area, formal dining room, living room, family room with fireplace and cathedral ceilings, large bedroom, and full bath. The 2nd floor features a living room, dining room, 2 bedrooms, and a full bath. It can be rented out for extra income or used by extended family as part of the main household. Finished basement includes a den/office, full bath, laundry room, and plenty of storage. Other highlights: large paved driveway, fenced yard, central A/C, separate utilities, and recent upgrades including new AC, heater, washer, and dryer. Live in one unit and rent the otherâ€â€or use both floors for your familyâ€â€all in a prime location!
Amenities
This listing is a courtesy of Top Realty
201-917-5366 office, listing agent Woo Park
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 (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
| Compare To Other Towns |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $807,466 |
| Homes Sold* (12mo): | 21 |
SINGLE FAMILY HOME SALES
Palisades Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
