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Palisades Park, NJ
Full City Profile · New Jersey · New York County County
3.3
/5.0
B
Good
20,192
Population
16,284/sq mi density
$101,295
Median Income
$47,618 per capita
$704,400
Home Value
$970,334 Zillow
$1,976
Median Rent
31.3% income on rent
56°F
Avg Temperature
275 sunny days/yr
77
Violent Crime/100K
508 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$101,295 median income, 3.8% unemployment
C+
Affordability
2.7 / 5.0
$704,400 home value, $1,976/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
5.0 / 5.0
53.7% bachelor's degree or higher
Housing Overview
Median Home Value
$704,400
150% above
US avg: $281,900
Median Rent
$1,976/mo
70% above
US avg: $1,163/mo
Homeownership Rate
37.2%
43% below US avg (65.4%)
Total Housing Units
7,413
Median year built: 1979
Home Value by Source
Census Median
$704,400
Zillow (ZHVI)
$970,334
Median Sale Price
$1,045,000
Median List Price
$1,400,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
37.2%
Owner-Occupied
62.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,976/mo
· Zillow rent:
$3,375/mo
Market Indicators (Redfin)
Median Days on Market
140 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
2.4%
of listings with price reduction
Price Per Sq Ft
$474
Active Inventory
42
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
37.2%
Complete Housing Data
Home Values
| Census Median Value | $704,400 |
| Zillow Home Value (ZHVI) | $970,334 |
| Median Sale Price | $1,045,000 |
| Median List Price | $1,400,000 |
| Price Per Sq Ft | $474 |
Rent
| Census Median Rent | $1,976 |
| Zillow Rent (ZORI) | $3,375 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 140 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 2.4% |
| Homes Sold | 6 |
| Active Inventory | 42 |
| Price Per Sq Ft | $474 |
Ownership & Stock
| Owner-Occupied | 37.2% |
| Renter-Occupied | 62.8% |
| Homeownership Rate | 37.2% |
| Total Housing Units | 7,413 |
| Median Year Built | 1979 |
| Rent Burden | 31.3% |