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Palisades Park New Jersey Real Estate By Jennifer Hershey

Palisades Park New Jersey Real Estate

Palisades Park, New Jersey, is located in Bergen County, 4 miles N of North Bergen, New Jersey and 7 miles N of New York, New York. Palisades Park has a population of 17,073.

Palisades Park Homes

Palisades Park properties pool is 6,247 residential properties including Palisades Park new homes. Median age of real estate in Palisades Park is 1959. Average Household size is 3.2 people. 8% are one bedroom homes, 20% are 2 bedroom homes, 49% are 3 bedroom homes, 13% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Palisades Park Mortgage Statistics

Palisades Park mortgages vs. USA median statistics

Homes Palisades Park USA
Homes With No Mortgage 38%
30%
Homes With Mortgage 62%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 8%
16%

Palisades Park Area Real Estate Tax

Palisades Park Real estate Tax: Median Real Estate Taxes (2000) were $4,684 comparing to 1999 Median Family income $ 54,503. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Palisades Park School District: Children make up 19.4% of Palisades Park population. Palisades Park has 3,312 under 18 years old residents, or 0.4 kids per one worker, or 0.53 kids per one household.

Palisades Park Real Estate & Palisades Park Homeownership

There are 1436.81 or 23% one person households, 1811.63 or 29% two person households, and 1186.93 or 19% three person households in Palisades Park, New Jersey. Median residents age is 35.6, Senior citizens (65+) make up 2,061 or 12.1%% of Palisades Park population.

There are 8,326 workers (over 16 years of age) in Palisades Park. Of these, 77.26% drive to work. Approximately 18.09% of workers in Palisades Park take public transportation. An estimated 2.85% walk to work.

Median Palisades Park homeowner's housing expences are 26.1%

Crime in Palisades Park (2003), crimes per 10,000 residents per year

Type of Crime Palisades Park USA, 2003
Violent Crimes
11.71
47.5
Robberies
4.1
14.2
Aggravated Assaults
5.86
29.5
Property Crimes
79.66
358.8
Burglaries
21.67
74.0
Larceny-Thefts
48.61
241.5
Motor Vehicle Thefts
9.37
43.3

Invest in Palisades Park Properties

When making a decision about buying real estate in Palisades Park New Jersey area, you should consider following statistical data:

Category Palisades Park USA
Near Medium City
North Bergen, New Jersey
-
Near Large City
New York, New York
-
Palisades Park Zip Codes
07650
-
Palisades Park Area Codes
201
-
White population
48.27%
75.1%
African-American population
1.38%
12.3%
Asian
41.09%
3.6%
American Indian & Alaskan
0.19%
0.9%
Hispanic (of any race)
16.48%
12.5%
Median Family Income (1999)
$ 54,503%
$42,000
Population Below Poverty Level
9.72%
12.4%

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