Housing in Palisades Park, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,110,000
Median List Price
$1,294,944
Price Per Sq Ft
$482
Days on Market
85
Active Inventory
41
Months of Supply
10.3
Buyer's market
Zillow Home Value
$961,033
ZHVI — January 2026
Zillow Rent Index
$3,200
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
36.4%
Sale-to-List Ratio
101.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
16
Pending Sales
11
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$482
Median List $/SF
$531
Palisades Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Palisades Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$704,400
Median Rent
$1,976
Total Housing Units
7,612
Vacancy Rate
3.1%
Owner Occupied
37.1%
Renter Occupied
62.9%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,472
Housing Types
The current median sale price in Palisades Park, NJ is $1,110,000 according to Redfin data. Homes spend a median of 85 days on the market. 25.0% of homes sold above asking price. The market has 10.3 months of supply. The median price per square foot is $482. Zillow's observed rent index is $3,200/month. About 37.1% of housing units are owner-occupied. The median year homes were built is 1976. There are 7,612 total housing units.