2-4 Family Home For Sale in Palisades Park, NJ
MLS# : 26008246
PROPERTY DETAILS
PROPERTY DESCRIPTION
Perfectly situated in the heart of town on a generous 50X140 deep lot, this completely renovated two-family home offers a premier primary residence or an excellent investment opportunity. Each unit has been reimagined with an open-concept layout where trendy designer kitchensâ€â€complete with center islandsâ€â€flow naturally into spacious dining and living areas. The primary suites serve as private retreats, featuring walk-in closets, full in-suite bathrooms, and private balconies off the bedrooms overlooking the deep backyard. Added versatility comes from the fully finished ground level, which includes an additional bedroom, a dedicated office space, and a summer kitchen. The property also features ample parking with two tandem spaces for each unit. With brand-new furnaces, water heaters, and high-efficiency 3-zone A/C and 4-zone heating systems, this home is designed for long-term reliability and premium rental income.
Amenities
This listing is a courtesy of Alpine MC Realty LLC
201-429-2999 office, listing agent Tammy 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 (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
| Compare To Other Towns |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $966,587 |
| Homes Sold* (12mo): | 11 |
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)
