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

MLS# : 26018478

Street : 24 E Ruby Avenue
Price : $1,250,000
Town : Palisades Park, NJ 07650
Annual Taxes : $13,513

PROPERTY DETAILS

# of Rooms : 12
Bedrooms : 7
Full Baths : 3
Half Baths : 2
Year Built :
Lot Size :
Style :
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PROPERTY DESCRIPTION

Exceptional opportunity to own a spacious and versatile 2-fam home w/ 7 beds, 3 full baths & 2 half baths across multiple levels,in a prime location offering the perfect blend of space and long-term value.Whether you are looking for a multi-generational living setup,additional income potential,or simply more room to grow,this property delivers endless possibilities.What truly makes this stand out is the value and flexibility it offers to today’s buyers.Live comfortably while creating opportunities for additional household income,accommodate extended family under one roof while maintaining privacy,or invest in a property with strong long-term potential in a highly desirable area.The ground level features a separate entrance,large living area,full bath,utility room and a grandfathered kitchen creating incredible flexibility for extended family living,guest space,recreation,home office setup or additional private living quarters.The 1-ST fl unit offers a bright and inviting layout with a spacious living and dining area beautiful white kitchen 3 big beds including a primary bed with its own half bath,plus an additional full bath.The 2nd-fl unit, with its own private side entrance,features a large living room,spacious kitchen,3 beds,1 full bath and 1 half bath providing privacy and excellent functionality.Shared laundry is conveniently located on the ground level for easy access to both units. Located right off Broad Ave this excellent home and location is not to be missed.

Amenities

This listing is a courtesy of Keller Williams Valley Realty
201-391-2500 office, listing agent Enkelana Drizaj

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:  20,192
Total Housing Units:  7,612
Single Family Homes:  1,277
Apartments:  6,300
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):  $889,389
Homes Sold* (12mo):  13
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 (2025):  1.463%
Effective Tax Rate (2025):  1.393%
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
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Real estate inventory
Palisades Park
Homes : $538,000 - 1,475,000 2
Condos : $359,000 - 1,549,000 18
Co-ops : -
Twnhs : $574,000 - 1,475,000 12
2-4 Fam : $925,000 - 2,800,000 11
5+ Fam : -
Land : $599,000 - 599,000 1
Rentals : $1,300 - 7,390 80
Mixd Use : -
Com S : -
Com L : -
Biz : $2,000 - 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: 05/23/2026 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