2-4 Family Home For Sale in Palisades Park, NJ
MLS# : 24036993
PROPERTY DETAILS
PROPERTY DESCRIPTION
Back on the market: The buyer's mortgage denied. Introducing brick exterior, bright two family, top and bottom modern new construction. (One year young) This home features sun-filled rooms with 9'ceilings throughout. Both first and second floor features spacious living room, modern gourmet kitchen, 3 bedrooms and 2 full bath with a deck. The master bedroom has an en-suite bathroom, complete with a modern glass-enclosed shower. Finished basement offers very large family room, a bedroom recreational/gym etc. sliding door to back yard, side door. This is a great opportunity to live on one floor and rent the other or rent both units for the investors. Great income producing property Near GWB and ALL highways. Short walk to bus to NYC, shopping, supermarkets, schools, dozens of great restaurants
Amenities
Close/School, Close/Shopg, Close/Trans
This listing is a courtesy of Prominent Properties Sotheby's International Realty-Englewood Cliffs
(201) 585-8080 office, listing agent Lillie 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): | $798,811 |
| Homes Sold* (12mo): | 21 |
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)
| Homes : | $459,000 - 1,529,007 | 5 avail |
| Condos : | $309,000 - 1,380,000 | 14 avail |
| Co-ops : | - | |
| Twnhs : | $859,000 - 1,349,999 | 8 avail |
| 2-4 Fam : | $779,000 - 1,950,000 | 9 avail |
| 5+ Fam : | - | |
| Land : | $4,000,000 - 4,000,000 | 1 avail |
| Rentals : | $1,800 - 6,500 | 46 avail |
| Mixd Use : | $1,890,000 - 1,890,000 | 1 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $110,000 - 2,300,000 | 9 avail |
