For Rent in Palisades Park, NJ
 

MLS# : 25026070

Street : 261 Highland Avenue 2nd flr
Rent : $3,300 /Mo
Town : Palisades Park, NJ 07650
General Tax Rate (2023) : 1.479%

PROPERTY DETAILS

# of Rooms : 6
Bedrooms : 3
Full Baths : 2
Half Baths : 0
Garage : Detached, Gar Opener, O/See Remk
Year Built : 1980's
Building/Complex :
Pets? : Cats Prohbtd, Dogs Prohbtd, None, O/Pets Prohb
Laundry : In Unit
Heat/Cool : Baseboard, Gas, Hot Water

PROPERTY DESCRIPTION

Rarely found sunny & bright over sized 3 bedroom and 2 full bath on a mostly desirable location with washer and dryer in unit, short one block from Broad Ave, walk to shop, bank, commute, face east and deep lot, and separate entrance. All hardwood flooring through, ceramic tiles, new Stove will be installed as well as a micro wave, hot water baseboard gas heating, central air, one garage on the right hand side is included in rent, separate utility but water bill will be charged by occupants' number. Livingroom, formal dining room, eat in kitchen, full bath/tub, a master bedroom with a walk in closet and double closet and a full bath/ shower stall with a newer vanity, will be freshly painted and cleaned, $200 1st deductible for any repairs or replacement after 10 day of possession, all initial checks must be certified, ***no smoking ,no pet please ** No Exception** lawn care by the landlord but snow removal by tenant / driveway

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

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


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


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):  $810,830
Homes Sold* (12mo):  19
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



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
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: 07/25/2025 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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