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Palisades Park, NJ Apartment Buildings for Sale

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Palisade Park Multifamily Investment Opportunity
Updated: Jan 22
Palisade Park Multifamily Investment Opportunity

325 Grantwood Blvd, Palisades Park, NJ 07650

Contact for pricing
10,000 sqft 0.51 AC lot
Significant upside potential with projected rental and NOI increases.
Increase cap rate from 5.75% to 7.02% for a compelling 6.69% cash‑on‑cash return.
Located in Palisade Park, a strong Bergen County municipality with high income demographic.
Favorable rent control ordinances allow for 4% annual increases and rent adjustments upon vacancy.
Well‑maintained, value‑add, brick, garden‑style apartment building with 12 apartments.
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Occupied 5-Unit Apartment Building
Updated: Aug 11
Occupied 5-Unit Apartment Building

257 Roff Avenue, Palisades Park, NJ 07650

$1,390,000
Five‑unit apartment building at 257 Roff Avenue
All five apartments are occupied
Each unit includes 1 bedroom and 1 bathroom
Walking distance to shopping, public transit, and schools
Landlord pays taxes, heat, water, and insurance
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Mixed-Use Building in Palisades Park
Mixed-Use Building in Palisades Park

325 Broad, Palisades Park, NJ 07650

$2,980,000

Freestanding building with retail and residential units in prime location.

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See hot listings in Palisades Park

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Palisades Park, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pre-War Apartment Building
Pre-War Apartment Building

621 W 138th Street, New York, NY 10031

$2,000,000
2,535 sqft

Brick multifamily property with eight residential units in a townhouse-style configuration.

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Brick Apartment Building
Brick Apartment Building

521 W 150th Street, New York (, Manhattan, NY 10031

$799,900
0.04 AC lot

A 1910 Manhattan multifamily property with steam heat, brick construction, and public utility service.

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Pre-War Apartment Building
Pre-War Apartment Building

613 West 146th Street, New York, NY 10031

Contact for pricing
4,500 sqft

SRO-configured property with a mix of occupied units and vacant space for repositioning.

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8-Family Brownstone Apartment Building
8-Family Brownstone Apartment Building

459 W 153 Street, New York (, Manhattan, NY 10031

$1,400,000
0.11 AC lot

Brick construction, hot-water heating, and public water and sewer serve the property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Off-Market Properties in Palisades Park, NJ

Consider similar Off-Market properties in Palisades Park, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

22 Washington Pl
APARTMENT HOUSE (UNDER 5 UNITS)

22 Washington Pl, Palisades Park, NJ 07650-2486

Estimated value:
$1,010,000
2,889 sqft 0.11 AC lot
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10 Us Hwy 46
APARTMENT HOUSE (UNDER 5 UNITS)

10 Us Hwy 46, Palisades Park, NJ 07650-2176

Estimated value:
No data
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201 Commercial Ave
APARTMENT HOUSE (UNDER 5 UNITS)

201 Commercial Ave, Palisades Park, NJ 07650-1179

Estimated value:
$560,000
1.01 AC lot
View details

Palisades Park, NJ Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Palisades Park, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $4,370,000.

Sale prices for two-family homes in Palisades Park, NJ start at $1,390,000, averaging $2,185,000, and reaching up to $2,980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 20K
Population Growth (5Y) -1.7%
Median Household Income $101,295
College Educated 67.4%

High-Yield Neighborhoods for Investment

Identify Palisades Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07650 $2.6M

Taxes & Financing

Tax Rate (average for all types) 1.43%
Property Tax per SF $6.61 per SF
Tax Rate vs County Average 0.71 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bergen County

New Delisted

Total CRE Inventory on Market (SF)

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