2-4 Family Home For Sale in Palisades Park, NJ
 

MLS# : 26000984

Street : 312 6th Street
Price : $1,500,000
Town : Palisades Park, NJ 07650
Annual Taxes : $11,575

PROPERTY DETAILS

# of Rooms : 18
Bedrooms : 7
Full Baths : 5
Half Baths : 0
Year Built :
Lot Size :
Style :
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PROPERTY DESCRIPTION

"Turn-key" Great Investment Opportunity in the Heart of Palisades Park Prime location to maximize your portfolio with this beautifully renovated, income-producing legal 2-family gem. Located in one of Bergen County’s highest-demand rental markets, this property features two sun-drenched units with bonus one bed on ground floor with modern finishes, brand-new kitchens, and separate utilities. With Palisades Park’s consistently surging rent rates and proximity to Broad Ave’s shopping and dining, this is a 'buy-and-hold' dream. Newer mechanicals and a maintenance-free exterior mean you can start collecting premium rents on day one without the headache of immediate repairs." Property features a total of 7 bedrooms and 5 bathrooms on a oneway street with plenty of street parking. 1st & 2nd features large living room, formal dining room, eat-in-kitchen w/SS appliances, primary bedroom en-suite with primary bathroom, 2 spacious bedrooms & shared full bath, Hardwood floor throughout, Central A/C system & W/D (2nd FL). In addition, the ground floor includes a summer kitchen, large space, 1 bedroom, full bath w/stall shower and sliding door to patio, 2 car garages with W/D, 4 car parking space on driveway, separate meters for utilities, Conveniently located close to shopping, restaurants, NYC transportation buses & highway access and located with park nearby. 50x100 lot for redevelopment site in the future, Dont miss it! Owner hold real estate license

Amenities

This listing is a courtesy of Citilight Real Estate Group
(201) 285-7585 office, listing agent Audrey Lee

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 (2023):  1.479%
Effective Tax Rate (2023):  1.317%
Compare To Other Towns

Palisades Park Market Indicators

PRICE INDEX

Average Price* (12mo):  $956,125
Homes Sold* (12mo):  12
PRICE INDEX
SINGLE FAMILY HOME SALES

Palisades Park, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.479%
Effective Tax Rate (2023):  1.317%
GENRAL TAX RATE - Palisades Park, NJ



MADISON ADAMSTM

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

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
551-358-4252 (cell)

Madisom Adams Sales Associate Henry A. Washington


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Real estate inventory
Palisades Park
Homes : $535,000 - 1,100,000 5
Condos : $340,000 - 1,358,000 8
Co-ops : -
Twnhs : $859,000 - 1,400,000 7
2-4 Fam : $859,000 - 2,600,000 6
5+ Fam : -
Land : $679,000 - 679,000 1
Rentals : $1,450 - 6,500 69
Mixd Use : -
Com S : -
Com L : -
Biz : $92,000 - 700,000 18


Similar Listings in Palisades Park

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: 01/13/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


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.

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)
office@madisonadams.com