For Rent in Palisades Park, NJ
 

MLS# : 25010021

Street : 515 Broad Avenue 2ND
Rent : $3,100 /Mo
Town : Palisades Park, NJ 07650
General Tax Rate (2023) : 1.479%

PROPERTY DETAILS

# of Rooms : 7
Bedrooms : 3
Full Baths : 1
Half Baths : 1
Garage : O/See Remk, Parking Spaces, Outside
Building/Complex :
Pets? : Cats Prohbtd, Dogs Prohbtd
Laundry : In Unit
Heat/Cool : Baseboard, Gas, Hot Water

PROPERTY DESCRIPTION

RARELY FOUND 3 bedroom and 1.5 full bath ON BROAD AVE, SUNNY AND BRIGHT, NEWER 2 VANITIES & 2 TOILETS AND WASHER & DRYER, SEPARATED SIDE ENTRANCE, 1 CAR PARKING SPACE IN FRONT ,NEWER OAK WOOD STEPS & SHOE CLOSET IN ENTRANCE ON 1ST FLOOR, LIVING ROOM / 2 SKY LIGHTS / FIRE PLACE,FORMAL DINING ROOM, EAT IN KITCHEN/NEWER SS STOVE & SS DISH WASHER & NEWER SINK, LAUNDRY ROOM , MASTER BR / NEWER 1/2 BATH/WIC, FULL BATH/TUB, NEWER VANITY,2 BED ROOMS, STAIR TO WALK UP ATTIC/ WINDOWS FOR STORAGE, HOT WATER BASEBOARD HEATING,CENTRAL AIR , MANY CLOSETS,** NEWER WASHER & DRYER IN UIT**BUS AT THE DOOR Close to All. NTN Credit Report and income proof . ALL UTILITIES PAID BY TENANT

Amenities

  • None
Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living

This listing is a courtesy of Prominent Properties Sotheby's International Realty-Englewood Cliffs
201-585-8080 office, listing agent Kimberly H. Yun

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:  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):  $824,166
Homes Sold* (12mo):  22
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 (2023):  1.479%
Effective Tax Rate (2023):  1.317%
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
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Real estate inventory
Palisades Park
Homes : $525,000 - 1,300,000 4
Condos : $349,000 - 1,365,000 3
Co-ops : -
Twnhs : $965,000 - 1,349,500 6
2-4 Fam : $875,000 - 1,950,000 5
5+ Fam : -
Land : -
Rentals : $1,800 - 7,900 60
Mixd Use : -
Com S : -
Com L : -
Biz : $92,000 - 449,000 8


Similar Listings in Palisades Park

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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: 03/31/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 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