Real Estate Investing in Palisades Park, New Jersey (07650)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07650 (Palisades Park, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 31.5 — hard to cash-flow at these prices.
What’s happening in Palisades Park, NJ (07650)?
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Market Analysis: 07650 Palisades Park
The 07650 ZIP covers a section of Palisades Park that demands careful diligence. Prices near $1.0M look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.0M asset, 07650 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 07650 and stronger Palisades Park ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 07650 ZIP's population of 20,192 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
New investors are better served looking at Palisades Park's stable or hybrid ZIPs before stepping into 07650. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Palisades Park:
Property Strategy for 07650
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $631,882 | $2,590 | 3.0% | +5.7% | $315,941 |
| 3BR | $1,003,292 | $3,160 | 2.3% | +9.9% | $334,431 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07650 Compare?
| Metric | 07650 | Palisades Park | New Jersey |
|---|---|---|---|
| Home Value | $1,012,589 | $1,012,589 | $559,826 |
| 5-Year CAGR | 6.8% | 6.8% | 8.4% |
| Avg Rent | $2,675 | $2,675 | - |
| Cap Rate | 2.1% | 2.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07650 (Palisades Park, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,012,589 |
| Monthly Rent | $2,675 |
| Price-to-Rent | 31.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | -13.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07650
Population: 20,192
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07650
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Anna C. Scott Elementary School
E. Roy Bixby
Eleanor Van Gelder
George Washington School
Lincoln Elementary School
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong is the working-renter base in Palisades Park, NJ?
The tenant pool in Palisades Park, NJ is solid, supported by local employment and population fundamentals. Rents of $2,675/mo are well-absorbed by the market.
How viable is house hacking in Palisades Park, NJ?
For house hackers, Palisades Park, NJ is a tougher. The $2,675/mo rent on a unit helps defray the mortgage on a $1.0M property.
What is the median home value in Palisades Park, NJ?
Homes in Palisades Park, NJ typically sell near $1.0M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How much rent can I charge in Palisades Park, NJ?
Expect rents around $2,675/mo per month in Palisades Park, NJ. With home values at $1.0M, the yield math works out to reasonable levels for rental investors.
Is Palisades Park, NJ a friendly market for rental owners?
NJ law tenant-protective for landlords, and Palisades Park inherits those rules. Investors should still review local ordinances for rental licensing.
You know 07650 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07650 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07650 ranks in New York-Newark-Jersey City, NY-NJ-PA
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