Palisades Park, NJ Real Estate
According to census data in the year 2000 there were 6,386 housing units in Palisades Park.
This represents a 5.6% growth from 6,049 in 1990.
Of those housing units, 6,386 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palisades Park is about 37.2%.
Palisades Park's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Palisades Park were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||3.50%|
Owned Homes, Apartments and Condos
|Average Household Size||3.13|
|Median year structure was built||1957|
|Median Value of occupied units||$231,700|
|Median Price asked for vacant units||$225,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$644|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||26.1%|