The median home in Palisades Park, New Jersey is valued at $961,033, up 8.5% year over year. Typical monthly rent is $3,200, producing a price-to-rent ratio of 25x — well above the national average of 18x. Palisades Park is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →

Home Value$961,033

+8.5%

Rent$3,200/mo

AFFORDABILITY

Enter your income for Palisades Park.

Income (annual)

Down Payment

$192,207 on $961,033

Out of reach — 111.3% of income

Need $298,029/yr to afford.

PITI$6,954

P/I111.3%

Afford$242K

Gap-$719K

P&I $4,860Tax $1,978Ins $117

Renting $3,754/mo cheaper ($3,200 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Palisades Park with other housing markets across New Jersey.

Deal$4213K Alpine$2955K Loch Arbour$2880K Avalon$2630K Stone Harbor$2477K Bay Head$2362K Sea Girt$2305K Short Hills$2258K

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

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PALISADES PARK, NJ