2-4 Family Home For Sale in Palisades Park, NJ
MLS# : 26012105
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover a compelling income-producing duplex in the heart of Palisades Park, offering approximately 3,000 SF of total living space with a functional, well-balanced layout. Each unit features an inviting first floor with open-concept living and dining areas, a separate kitchen, and a convenient powder room. Upstairs, both residences offer three well-proportioned bedrooms and two full bathrooms. Each unit comes fully equipped with essential appliances, including washer/dryer, refrigerator, microwave, oven, and dishwasher, providing a turnkey experience for both owners and occupants. Flooring throughout consists of durable laminate/vinyl surfaces, and the property is topped with a standard asphalt roof. Each residence includes a one-car garage, with additional shared basement garage space. Pets are permitted per existing lease terms. A balanced opportunity where each unit offers its own distinct advantages, ideal for investors or end-users seeking rental income potential in a prime Bergen County location. Schedule a tour today!
Amenities
This listing is a courtesy of Prestige Property Group - Montclair
973-860-7595 office, listing agent Joseph Aziz
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 (2025): | 1.463% |
| Effective Tax Rate (2025): | 1.393% |
| 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 (2025): | 1.463% |
| Effective Tax Rate (2025): | 1.393% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
