Palisades Park, NJ Housing
As of 2010-2014, median price of a house in Palisades Park is $520,200, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The Palisades Park median house value has grown by 124.51% since 2000. The growth rate for the price of a house in Palisades Park is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Palisades Park was built is 1968, which is newer than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 2,316 Owner Occupied Houses in Palisades Park, NJ, #92Palisades Park, NJ | 520,200 USD |
New Jersey | 319,900 USD |
U.S. | 175,700 USD |
Palisades Park, NJ | 124.51% |
New Jersey | 87.30% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Palisades Park, NJ | New Jersey | U.S. | |
Total Housing Units | 7,762, see rank, 100% | 3,572,138 | 132,741,033 |
Occupied Housing Units | 7,412, 95.49%, see rank | 89.26% | 87.55% |
Owner Occupied | 2,316, 29.84%, see rank | 58.06% | 56.34% |
Renter Occupied | 5,096, 65.65%, see rank | 31.20% | 31.21% |
Vacant Housing Units | 350, 4.51%, see rank | 10.74% | 12.45% |
For Rent | 224, 2.89%, see rank | 2.18% | 2.34% |
For Sale Only | 0, 0.00%, see rank | 1.02% | 1.20% |
Rented or Sold, Not Occupied | 66, 0.85%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 0, 0.00%, see rank | 3.72% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 60, 0.77%, see rank | 3.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #165Palisades Park, NJ | New Jersey | U.S. |
1968 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Palisades Park, NJ | % | New Jersey | U.S. | |
Owner-Occupied Units | 2,316 | 100% | 2,073,915 | 74,787,460 |
With a Mortgage | 1,483 | 64.03%, see rank | 69.83% | 65.58% |
Without a Mortgage | 833 | 35.97%, see rank | 30.17% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Palisades Park, NJ | 3,064 USD |
New Jersey | 2,428 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Palisades Park, NJ | % | New Jersey | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.04% | 0.20% |
$300 to $499 | 3 | 0.20%, see rank | 0.35% | 1.59% |
$500 to $699 | 21 | 1.42%, see rank | 0.83% | 5.01% |
$700 to $999 | 30 | 2.02%, see rank | 2.80% | 14.32% |
$1,000 to $1,499 | 34 | 2.29%, see rank | 11.13% | 27.90% |
$1,500 to $1,999 | 121 | 8.16%, see rank | 17.94% | 20.35% |
$2,000 to $2,999 | 487 | 32.84%, see rank | 36.29% | 19.52% |
$3,000 or More | 787 | 53.07%, see rank | 30.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palisades Park, NJ | 38.10% of the Total Income |
New Jersey | 27.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Palisades Park, NJ | % | New Jersey | U.S. | |
10% or Less | 123 | 8.29%, see rank | 3.98% | 5.86% |
10% to 20% | 189 | 12.74%, see rank | 23.73% | 31.95% |
20% to 30% | 202 | 13.62%, see rank | 28.42% | 27.64% |
30% to 40% | 276 | 18.61%, see rank | 16.62% | 13.74% |
40% or More | 671 | 45.25%, see rank | 26.85% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Palisades Park, NJ | 1,001 USD |
New Jersey | 972 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Palisades Park, NJ | % | New Jersey | U.S. |
$199 or Less | 10 | 1.20%, see rank | 1.19% | 7.76% |
$200 to $299 | 0 | 0.00%, see rank | 1.66% | 14.70% |
$300 to $499 | 0 | 0.00%, see rank | 6.42% | 34.63% |
$500 to $699 | 89 | 10.68%, see rank | 13.17% | 21.16% |
$700 or More | 734 | 88.12%, see rank | 77.56% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palisades Park, NJ | 22.10% of the Total Income |
New Jersey | 18.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Palisades Park, NJ | % | New Jersey | U.S. | |
10% or Less | 177 | 21.25%, see rank | 21.71% | 40.19% |
10% to 20% | 190 | 22.81%, see rank | 32.37% | 31.47% |
20% to 30% | 110 | 13.21%, see rank | 16.94% | 12.24% |
30% to 40% | 39 | 4.68%, see rank | 9.46% | 5.64% |
40% or More | 279 | 33.49%, see rank | 18.56% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Palisades Park, NJ | New Jersey | U.S. | |
Total Housing Units | 7,762, 100% | 3,572,138 | 132,741,033 |
1-unit, Detached | 1,230, 15.85%, see rank | 53.67% | 61.65% |
1-unit, Attached | 1,176, 15.15%, see rank | 9.26% | 5.82% |
2 Units | 2,299, 29.62%, see rank | 9.53% | 3.75% |
3 or 4 Units | 435, 5.60%, see rank | 6.43% | 4.43% |
5 to 9 Units | 513, 6.61%, see rank | 4.80% | 4.78% |
10 or More Units | 2,091, 26.94%, see rank | 15.34% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 18, 0.23%, see rank | 0.98% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Palisades Park, NJ | New Jersey | U.S. | |
Total Housing Units | 7,762, 100% | 3,572,138 | 132,741,033 |
1 Room | 259, 3.34%, see rank | 2.71% | 1.95% |
2 Rooms | 218, 2.81%, see rank | 2.15% | 2.48% |
3 Rooms | 1,083, 13.95%, see rank | 10.30% | 9.13% |
4 Rooms | 1,610, 20.74%, see rank | 15.19% | 16.60% |
5 Rooms | 1,697, 21.86%, see rank | 16.72% | 20.41% |
6 Rooms | 1,733, 22.33%, see rank | 16.15% | 18.06% |
7 Rooms | 737, 9.49%, see rank | 12.48% | 12.27% |
8 Rooms | 198, 2.55%, see rank | 10.49% | 8.48% |
9 Rooms or More | 227, 2.92%, see rank | 13.81% | 10.60% |
Median Rooms | 4.90, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Palisades Park, NJ | New Jersey | U.S. | |
Total Housing Units | 7,762, 100% | 3,572,138 | 132,741,033 |
No Bedroom | 282, 3.63%, see rank | 2.88% | 2.17% |
1 Bedroom | 1,634, 21.05%, see rank | 14.18% | 11.16% |
2 Bedrooms | 2,552, 32.88%, see rank | 25.93% | 26.69% |
3 Bedrooms | 2,470, 31.82%, see rank | 32.62% | 39.70% |
4 Bedrooms | 665, 8.57%, see rank | 18.83% | 16.05% |
5 or More Bedrooms | 159, 2.05%, see rank | 5.56% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Palisades Park, NJ | New Jersey | U.S. | |
Total Housing Units | 7,412, 100% | 3,188,498 | 116,211,092 |
Utility Gas | 6,556, 88.45%, see rank | 74.16% | 48.85% |
Bottled, Tank, or LP Gas | 101, 1.36%, see rank | 1.94% | 4.86% |
Electricity | 330, 4.45%, see rank | 11.66% | 36.68% |
Fuel Oil, Kerosene, etc. | 355, 4.79%, see rank | 11.10% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.03% | 0.12% |
Wood | 22, 0.30%, see rank | 0.44% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 16, 0.22%, see rank | 0.32% | 0.47% |
No Fuel Used | 32, 0.43%, see rank | 0.32% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Palisades Park, NJ | New Jersey | U.S. |
Occupied Units Paying Rent | 4,872, 100% | 1,077,463 | 39,201,928 |
$199 or Less | 21, 0.43%, see rank | 1.46% | 1.50% |
$200 to $299 | 42, 0.86%, see rank | 3.04% | 3.18% |
$300 to $499 | 7, 0.14%, see rank | 3.86% | 7.37% |
$500 to $699 | 60, 1.23%, see rank | 4.64% | 16.01% |
$700 to $999 | 386, 7.92%, see rank | 19.19% | 29.17% |
$1,000 to $1,499 | 2,394, 49.14%, see rank | 40.89% | 26.88% |
$1,500 to $1,999 | 925, 18.99%, see rank | 17.11% | 9.79% |
$2,000 or More | 1,037, 21.28%, see rank | 9.81% | 6.10% |
Median | $1,407, see rank | $1,188 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Palisades Park, NJ | New Jersey | U.S. | |
Occupied Housing Units | 7,412, 100% | 3,188,498 | 116,211,092 |
No Vehicles Available | 1,180, 15.92%, see rank | 11.70% | 9.12% |
1 Vehicles Available | 3,059, 41.27%, see rank | 34.71% | 33.80% |
2 Vehicles Available | 2,519, 33.99%, see rank | 36.16% | 37.48% |
3 or More Vehicles Available | 654, 8.82%, see rank | 17.43% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.