TownHouse For Sale in Palisades Park, NJ
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Map

MA : 2400008

NJ MLS : 24027048

Street : 301 E Edsall Ave Unit A
Price : $865,000
Town : Palisades Park, NJ 07650
Annual Taxes : $9,611

PROPERTY DETAILS

# of Rooms : 3
Basement : Finished
Lot Size : - x -
Bedrooms : 3
Garage : 1
Heating Source : Gas
Full Baths : 3
Exterior Finish : Brick/Stone
Cooling Type : Central AC
Half Baths : 1
Year Built : 2000's, Good Condition

PROPERTY DESCRIPTION

Bright South facing gem overlooking Meadowlands. Open floor plan with modern kitchen, large dining /living room, powder room, deck off area patio, master bedroom with master bath, all brick exterior, 1 car garage and 1 outdoor parking. Hardwood floor throughout, central vacuum, Jacuzzi tub, California closet.

Amenities

  • Hardwood Floors
  • Many Closets

LISTING AGENT

Cindy Chiashin Shih Sales Associate
917-863-6560 (cell)
cshih@madisonadams.com

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

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):  $798,811
Homes Sold* (12mo):  21
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



Real estate inventory
Palisades Park
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 48 avail
Mixd Use : $1,890,000 - 1,890,000 1 avail
Com S : -
Com L : -
Biz : $110,000 - 2,300,000 9 avail


CR Smith Early Child Center

Public - Grade: KG - 1
271 Second St, Palisades Park, NJ 07650
Tel: 201-947-3556

Lindbergh

Public - Grade: 2 - 7
Glen Ave, Palisades Park, NJ 07650
Tel: 201-947-3556

Palisades Park Jr Sr High School

Public - Grade: 8 - 12
Veterans Plaza, Palisades Park, NJ 07650
Tel: 201-941-1100

Notre Dame Interparochial School

Private - Grade: PK - 8
312 1st St, Palisades Park, NJ 07650
Tel: 201-947-5262

New Christian Academy

Private - Grade: PK - KG
430 Commercial Ave, Palisades Park, NJ 07650
Tel: 201-592-8611

Palisades Park Free Public Library

257 Second St, Palisades Park, NJ 07650
Tel: 201-585-4150


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