Market Summary

Palisades Park, Bergen County, NJ

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Median Home Price Price

$917,039 $917K

Median Monthly Rent Rent

$2,506 $2.5K

GRM

30.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Bergen County

Region Price Rent GRM Display
$968,032 $2,481 32.0x
$1,148,667 $2,417 40.0x
$1,087,016 $3,495 26.0x
$778,218 $2,249 29.0x
$704,997 $2,436 24.0x
$843,901 $2,596 27.0x
$954,226 $3,194 25.0x
$910,709 $1,806 42.0x
$1,168,526 $4,462 22.0x
$795,152 $2,872 23.0x
$1,104,999 $3,210 29.0x
$902,803 $2,952 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Bergen County

Region Price Rent GRM Display
$619,468 $2,176 24.0x
$781,609 $4,215 15.0x
$976,782 $2,376 34.0x
$747,336 $3,172 20.0x
$1,055,770 $2,760 32.0x
$957,569 $2,833 28.0x
$703,964 $2,767 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$667,562 $2,372 23.0x
$1,151,730 $2,446 39.0x
$908,328 $1,854 41.0x
$585,209 $2,218 22.0x
$874,282 $1,879 39.0x
$569,242 $2,464 19.0x
$305,509 $2,553 10.0x
$1,097,419 $2,317 39.0x
$631,784 $2,506 21.0x
$1,144,343 $2,313 41.0x
$421,886 $2,401 15.0x
$674,260 $3,467 16.0x
$568,904 $2,059 23.0x
$458,343 $2,393 16.0x
$276,900 $644 36.0x
$884,859 $1,078 68.0x
$690,056 $1,857 31.0x
$589,171 $2,684 18.0x
$717,605 $2,404 25.0x
$224,516 $941 20.0x
$624,332 $2,357 22.0x
$470,400 $2,300 17.0x
$320,868 $1,128 24.0x

Home prices

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Monthly rent

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GRM

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Palisades Park

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Trend Insights

Median Rent in Palisades Park, NJ is $2,506, with MoM change +$29 and YoY change +$231 pointing to positive momentum while volatility is low (std $59).

Benchmark Markets Side by Side

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Metric
Base market Palisades Park, NJ
Compare market Select a market
Delta vs base
Median rent
$2,506
N/A
Median price
$917,039
N/A
YoY change
+$231
N/A
Price-to-rent
30.5x
Data unavailable
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