Why Palisades Park, NJ?
Palisades Park has the highest percentage of Korean Americans of any municipality in the United States at 53.7% — Broad Avenue is the densest Korean commercial district in Bergen County and the highest concentration of Korean restaurants within a one-mile radius in the country. Over 81% of residents speak a non-English language at home (third highest in NJ). Korean cafes have become communal gathering places for bingsu (shaved ice), pastries, and specialty coffee. At just 20 minutes by bus to the GWB, it offers one of the shortest commutes from Bergen County at one of the lowest prices. The $480K median and 82 walkability score make it a rare combination of affordability, culture, and convenience.
Palisades Park Real Estate Market in 2026
Palisades Park homes sell in 25 days at a $480K median, appreciating at 6.4%. The market is dominated by condos, co-ops, and multi-family properties. Single-family homes are scarce and command premiums when available. Strong rental demand from the international community with one-bedrooms averaging $1,600.
Best Neighborhoods in Palisades Park
3 distinct neighborhoods, each with its own character and price range
Broad Avenue Corridor
$350,000 to $500,000The Korean dining and shopping spine. Walkable, dense, and culturally vibrant. Mix of residential above commercial.
Grand Avenue Area
$450,000 to $600,000Residential section with more single-family homes. Slightly quieter than Broad Avenue.
Fort Lee Border
$400,000 to $550,000Northern section near the Fort Lee border. Access to Fort Lee's commercial amenities.
Commuting from Palisades Park to NYC
Source: NJ Transit schedules, June 2026. Peak hour commute times.
Walkability and Livability in Palisades Park
How easy is it to live car-free or car-light in Palisades Park?
Palisades Park Schools and Ratings
Palisades Park Public Schools serves approximately 2,000 students. Palisades Park Junior/Senior High School has a diverse student body.
Source: NCES CCD 2023 to 2024, NJDOE NJSLA 2024 to 2025
Charles R Smith Early Chilhood Center
Lindbergh Elementary School
Palisades Park Jr-Sr High School
Palisades Park vs Neighboring Towns: Cost Comparison
| City | Median Price | Tax Rate | Annual Tax | NYC Commute |
|---|---|---|---|---|
| Palisades Park | $480,000 | 2.56% | $10,789 | 20 min |
| Fort Lee | $520,000 | 2.12% | $13,456 | 15 min |
| Cliffside Park | $460,000 | 2.45% | $11,234 | 18 min |
Where to Eat in Palisades Park
Korean (Broad Avenue)
The highest concentration of Korean restaurants within a one-mile radius in the United States. Shilla Korean BBQ, Bonchon Chicken, Gam Mee Ok (bone broth), Paris Baguette, Tous Les Jours (Korean bakery), and over 40 Korean restaurants within a half-mile stretch. Broad Avenue has also evolved into a Korean dessert and cafe destination — bingsu (shaved ice), pastries, and specialty coffee shops serve as communal gathering places. The density and authenticity rival Seoul itself.
Parks and Recreation in Palisades Park
Memorial Field
Borough park with sports fields and community recreation.
Fourth Street Park
Neighborhood park with playground and open space.
New Development and Growth in Palisades Park
Broad Avenue Improvements
Streetscape and signage improvements along the Korean commercial corridor.
History of Palisades Park, NJ
Incorporated in 1899 from Ridgefield Township. Named after the Palisades cliffs.
The Korean community began growing in the 1980s and 1990s, transforming Broad Avenue into the densest Korean commercial district in Bergen County. By 2022, 53.7% of the population identified as Korean American — the highest of any US municipality.
80.9% of borough residents speak a non-English language at home, the third highest percentage in New Jersey. Korean is the primary language for over half of all residents.
The borough's population grew to 20,292 as of the 2020 census, driven by continued Korean immigration and the community's cultural infrastructure.
Safety in Palisades Park
Palisades Park is a safe community with active police presence along the commercial corridors.
Notable Residents
Annual Events and Festivals
Frequently Asked Questions About Palisades Park, NJ
What is the median home price in Palisades Park, NJ?
The median home price is $480,000 as of 2026, with 6.4% year-over-year appreciation. Average $365/sqft, selling in 25 days.
How long is the commute from Palisades Park to NYC?
20 minutes via NJ Transit from on the Bus to GWB Terminal. Transfer required.
What are property taxes in Palisades Park, NJ?
Tax rate is 2.56%. Average homeowner pays $10,789/year. At the median price of $480,000, expect about $12,288/year.
What are the best neighborhoods in Palisades Park?
Broad Avenue Corridor ($350,000 to $500,000). Grand Avenue Area ($450,000 to $600,000). Fort Lee Border ($400,000 to $550,000). See the full guide above for all 3 neighborhoods.
Is Palisades Park safe?
Palisades Park is a safe community with active police presence along the commercial corridors.
How walkable is Palisades Park, NJ?
Walk Score of 82, rated "Very Walkable." Median income $62,000, median age 40.2. 68% renter-occupied.
Ready to Find Your Home in Palisades Park?
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