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Palisades Park

Palisades Park

Located in Bergen County

$852,667 Average Value
$506 Average Price per Sq Ft
27 Homes For Sale

Near the Hudson Palisades

Palisades Park is a New Jersey borough named for its location near the Hudson Palisades’ cliffs that stretch along the Hudson River and offer a commanding view of New York City. Incorporated in 1899, Palisades Park evolved from a typical blue-collar community into a dense cultural hub, both due to the heyday of the Palisades Amusement Park until it closed in 1971, and the arrival of Korean shops and restaurants in the 1990s to serve a growing population of Korean immigrants. Palisades Park’s rich diversity, both in its community and in its retail scene, has come to define this desirable borough. “Between a food scene that is vibrant and open late, to beautiful architecture, low property taxes and low maintenance, Palisades Park offers so much,” says Tyler Sellers, a Realtor with 2Win Realty, who’s also a local resident.

Palisades Park has easy access to great waterfront locations to enjoy.
Palisades Park has easy access to great waterfront locations to enjoy.
The Palisades are a short drive away from Palisades Park, with woodlands stretching for miles.
The Palisades are a short drive away from Palisades Park, with woodlands stretching for miles.
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Shopping and dining in Koreatown

Koreatown is the biggest shopping and dining hub in the area. There are international grocery chains like HanNam Mart and local markets like Good Morning Mart and Organic One Food Market. Broad Avenue is brimming with local restaurants, bars and cafes that stay open late. SoosanghanPocha, which locals call SooPo, is open from 6:30 a.m. to 2 a.m. and has a large menu of Korean breakfast, lunch and dinner favorites. Additionally, there’s a ShopRite grocery store and CVS Pharmacy for general shopping.

Stop by HanNam Mart in Palisades Park for grocery staples imported from Asia.
Stop by HanNam Mart in Palisades Park for grocery staples imported from Asia.
Palisades Park has a lively Koreatown area with plenty of restaurants to check out.
Palisades Park has a lively Koreatown area with plenty of restaurants to check out.
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Traveling by land and sea

Palisades Park's numerous stores, restaurants and activities are often within walking distance. Broad Avenue offers several bus stops with service to New York City and around New Jersey. “You can hop on at Broad Avenue, and you’re in the city in 24 minutes,” says Sellers. Two miles east, the Edgewater Ferry Landing provides water passage to Manhattan’s Midtown terminal. Residents can drive to New York City via both the George Washington Bridge and the Lincoln Tunnel. Newark International Airport is also just 14 miles away and can take as little as 30 minutes to drive.

Palisades Park has quick access to the ferry terminal to New York City.
Palisades Park has quick access to the ferry terminal to New York City.
Palisades park has easy access to the George Washington Bridge to New York City.
Palisades park has easy access to the George Washington Bridge to New York City.
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Duplexes, condos and older home styles

In the 1980s, developers started knocking down many of the community's single-family lots and began putting up duplexes. Today, condos, townhouses and apartments make up most of the area’s available inventory. There are older properties with up to two bedrooms available for $250,000 to $500,000, while new offerings with up to five bedrooms typically sell for $1 million to $1.5 million. Colonial-style homes, Cape Cods and split-levels are most of the single-family homes left in the community and do not go on the market often, typically selling for $500,000 to $750,000.

You can find a variety of home styles around Palisade Park.
You can find a variety of home styles around Palisade Park.
Brick four square style houses can also be found in Palisades Park, NJ.
Brick four square style houses can also be found in Palisades Park, NJ.
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Specialized programs at Palisades Park High

Kids may start at the Early Childhood Center, which earns a B from Niche, for pre-school and kindergarten, before going to Lindbergh Elementary, which gets a C-plus, for first through sixth grade. Students may then attend Palisades Park Junior/Senior High, which also has a C-plus, for seventh to 12th grade. The high school offers specialized academic programs in medicine, engineering and the humanities.

Palisades Park Junior Senior High School in Palisades Park, NJ is a well rated public school.
Palisades Park Junior Senior High School in Palisades Park, NJ is a well rated public school.
Palisades Park Jr/Sr High School in Palisades Park, NJ serves 729 students in grades 7-12.
Palisades Park Jr/Sr High School in Palisades Park, NJ serves 729 students in grades 7-12.
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Overpeck County Park is 800-plus acres

A waterside park offering as many scenic views as it does athletic amenities, Overpeck County Park features a nearly 5-mile trail that circles the park, three public outdoor pools, two playgrounds and plenty of sports fields. Additionally, there’s a kayak launch for those who want to explore Overpeck Creek, and its amphitheater holds concerts and movie screenings during the summer. Palisades Interstate Park is a 2,500-acre green space that occupies New Jersey’s Hudson River coastline with more than 30 miles of hiking and ski trails to take in the views of New York City’s skyline.

People can be found getting some exercise at Overpeck Park in Palisades Park, NJ.
People can be found getting some exercise at Overpeck Park in Palisades Park, NJ.
Residents of Palisades Park, NJ can access a large variety of sports fields at Overpeck Park.
Residents of Palisades Park, NJ can access a large variety of sports fields at Overpeck Park.
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Hannah Rainey
Written By
Hannah Rainey
James Leynse
Photography Contributed By
James Leynse
Emily McNamara
Video By
Emily McNamara

Interested in learning more about homes in this area? Reach out to Michael Kim, an experienced agent in this area.

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Palisades Park Housing Trends

Housing Trends

Median List Price
$920,000
Median Sale Price
$915,000
Median Single Family Sale Price
$885,000
Median Townhouse Sale Price
$1,014,500
Median 2 Bedroom Sale Price
$629,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
103
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$506

Area Facts

Number of Homes
936
Number of Homes for Sale
27
Median Year Built
1988
Months of Supply
3.10
Average Single Family Home Size Sq Ft
2,600
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
3,860
Average 2 Bedroom Size Sq Ft
1,271
Average 1 Bedroom Size Sq Ft
804
Median Lot Size Sq Ft
2,613

Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Palisades Park Has More Renters

Demographics

Total Population
18,779
Median Age
42
Population under 18
19.5%
On par with the national average
23.8%
Population over 65
18.2%
On par with the national average
19.1%

Finances

Median Household Income
$74,537
On par with the national average
$71,702
Average Household Income
$102,018

Education and Workforce

High School Graduates
89.5%
College Graduates
49.4%
Above the national average
34.1%
Advanced Degrees
11.1%
On par with the national average
13.3%
% Population in Labor Force
65.3%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
11''

Area Factors

Somewhat Bikeable

Bike Score®®

47 / 100

Very Walkable

Walk Score®®

89 / 100

Good Transit

Transit Score®®

54 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Palisades Park