For Rent in Palisades Park, NJ
 

MLS# : 26004894

Street : 217 5th Street B
Rent : $6,500 /Mo
Town : Palisades Park, NJ 07650
General Tax Rate (2023) : 1.479%

PROPERTY DETAILS

# of Rooms : 8
Bedrooms : 4
Full Baths : 3
Half Baths : 1
Garage : Attached
Building/Complex :
Pets? : None
Laundry : In Unit
Heat/Cool : Baseboard, Gas

PROPERTY DESCRIPTION

Welcome to a luxury living experience just two minutes from the George Washington Bridge. This exquisite duplex exemplifies superior craftsmanship and design, featuring elegant coffered ceilings and a stunning galley kitchen. The expansive living room, highlighted by a cozy fireplace, showcases meticulous attention to detail. The ground floor offers a spacious two-car garage, a convenient mudroom, and a versatile bedroom or office space complete with a full bath. On the first floor, the large living room invites warmth and comfort with its fireplace, while the chef's dream galley kitchen seamlessly connects to a charming dining area. A well-placed powder room enhances this level's functionality. Step outside to the deck, an ideal setting for relaxation and outdoor gatherings. Ascend to the second floor to find the luxurious master suite, featuring a sunlit master bath. Two additional bedrooms, a full bath, and a dedicated laundry area complete this level. This prime location offers easy access to NYC transportation, shopping, dining, and schools. Experience the epitome of luxury living with this exceptional property.

Amenities

  • None
Life Style :

Close/Parks, Close/Trans

This listing is a courtesy of Corcoran Infinity Properties
201-768-6868 office, listing agent Jin Sung Lee

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):  $939,598
Homes Sold* (12mo):  11
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: 02/15/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 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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