Palisades Park 07650

Bergen County, NJ · 3,754 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

1affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
60%
severe
Days on market
79
daily
Price cuts
14.2%
of active
Valuation
-24%
vs assessor
Look up an address
38
/100
weak
hot · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

80/ 100SellerBalancedBuyer
Strong Buyer's Market
Needs 50% correction for affordability
DOM: 99d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)100

Strong buyer leverage in 07650. If you must buy now, offer 10-15% below list price. Payment burden: 60.0% of median income. A 42% price correction needed to reach 30% affordability threshold. Median days on market: 99. Renting is approximately 138% cheaper than buying (price-to-rent ratio: 28.5). Market appears 15% overpriced vs. assessed values.

What to Offer

Offer 10-15% below list price. Sellers are under pressure.

Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 8.7% YoY.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$1,002,044
▴ 8.7% YoY
Days on market
79
daily · zip_data
Median rent
$2,934
ZORI
Investor score
48/100
cash-flow lens
Active listings
61
90-day

Valuation3 lenses, different anchors

vs assessor
-24.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$761,150
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+61.3%
County-wide market — the widest, slowest signal.
Bergen+61.3%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft—
Price-to-income9.9×

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How 07650 ranks in NJ
percentile vs all NJ ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

6SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply21.9 mo
Days on Market79d
Inv vs History+35.9%
Listing Density--
Market dynamics
Price cut %14.2%
Momentumhot
LeverageBALANCED
Months of supply21.9
Sales (90d)0
Investment analysis
Median rent$2,934
Price-to-rent28.5
Est. cap rate2.3%
Buy vs rentfavors renting

Livability

Walk score10
Transit score47
Bike score—

Historical trends

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Bergen County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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New York Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Bergen County