Home prices
The median home price in Palisades Park is $558,400. Compared to its nearby areas it is roughly $144,360 (34%) higher.It is roughly $340,900 (156%) higher compared to the rest of the nation, and is roughly $47,600 (7%) lower in comparison to the city of New York.
Rents
In Palisades Park the median rent is $1,520 per month. This is about $37 (2%) lower in comparison to other places in this area.It is roughly $458 (43%) higher compared to the rest of the country, and is about $77 (5%) higher in comparison to the city of New York.
Nearby places
Ridgefield Park
Ridgefield Park is Palisades Park's neighbor to the northwest. The real estate prices there are a lot less expensive. The median home in Ridgefield Park costs $349,100, which works out to $209,300 (59%) lower than Palisades Park. Rents there are somewhat less expensive. Ridgefield Park's median rent is $1,368 per month, which works out to $152 (11%) lower than Palisades Park.
Leonia
Leonia is Palisades Park's neighbor to the north. The housing prices there are somewhat less expensive. The median home price in Leonia is $506,100, which comes out to $52,300 (10%) lower than Palisades Park. The rent there is somewhat less expensive. The median monthly rent in Leonia is $1,444, which works out to $76 (5%) lower than Palisades Park.
Fort Lee
Fort Lee is Palisades Park's neighbor to the east. Its housing prices are a lot less expensive. The cost of the median home in Fort Lee is $324,600, which is $233,800 (72%) lower than Palisades Park. Its rents are somewhat more expensive. In Fort Lee the median rent is $1,923 per month, which works out to $403 (20%) higher than Palisades Park.
Ridgefield
Ridgefield is Palisades Park's neighbor to the southwest. The housing prices there are somewhat less expensive. The median home cost in Ridgefield is $442,500, which is $115,900 (26%) lower than Palisades Park. Rent there is pretty similar. The median rent in Ridgefield is $1,584 a month, which comes out to $64 (4%) higher than Palisades Park.
Cliffside Park
Cliffside Park is roughly 1 mile south of Palisades Park. The housing prices there are a little less expensive. The cost of the median home in Cliffside Park is $447,900, which is $110,500 (24%) lower than Palisades Park. Rents there are similar. Cliffside Park's median rent is $1,468 a month, which works out to $52 (3%) lower than Palisades Park.
