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Median Home Price in Palisades Park, NJ

The median home value in Palisades Park, NJ is $1,015,171 as of 2026-07-31, up 8.92% from a year earlier.

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Median Home Value

$1,015,171

Year-over-Year

+8.92%

Population

20,477

Palisades Park ranks #29 of 184 New Jersey cities tracked here by median home value, and sits 64.2% above the state's city median of $618,410. It sits in Bergen County, where the county-wide median is $793,874.

Housing affordability in Palisades Park

Median household income in Palisades Park is $94,743, so the typical home value is about 10.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Palisades Park

Palisades Park police recorded a violent crime rate of 24 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 689 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Palisades Park

What is the average home price in Palisades Park, NJ?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Palisades Park, that value is $1,015,171. That's up 8.92% from a year earlier. It is about 64.2% above the typical New Jersey city tracked here.

Is Palisades Park expensive compared to the surrounding area?

Homes in Palisades Park are more expensive than Bergen County as a whole, where the median is $793,874 — a difference of about 27.9%.

Is Palisades Park affordable?

Median household income here is $94,743, so the typical home value is about 10.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Palisades Park a safe place to live?

Palisades Park police reported 24 violent crimes per 100,000 residents, covering a population of about 20,477. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.