Great opportunity to own a solid 2-family home in a prime Palisades Park location. Ideal for both investors and owner-occupants, this property offers a spacious layout, private driveway, attached garages, and backyard space. A versatile option for anyone looking to generate rental income, live in one unit while benefiting from the second, or hold as a long-term investment. Conveniently located near shopping, dining, parks, schools, and transportation, this home offers excellent value and potential in a highly desirable neighborhood. This property is selling as is.
Sold for $1,215,000
$1,215,000
318 3rd St, Palisades Park, NJ 07650
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,215,400 Zestimate®
$--/sqft
$3,960 Estimated rent
Home value
$1,215,400
$1.12M - $1.31M
$3,960/mo
Zestimate® history
Owner options
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$8,297/mo
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$8,297/mo
Est. payment
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List your homeWhat's special
Backyard spaceAttached garagesPrivate drivewaySpacious layout
Zillow last checked:
Listing updated:
Listed by:
Sara Shin 201-446-7705,
Christie's International Real Estate Group-Fort Lee
Bought with:
Brian Kim
Proper Estates, Inc.
Source: NJMLS,MLS#: 26012156
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Property
Details
- Parcel number: 4500312000000005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: Palisades Park
Financial & listing details
- Tax assessed value: $1,012,100
- Annual tax amount: $14,807
- Date on market: 4/9/2026
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Sold | $1,215,000-6.5% |
Source:  NJMLS #26012156 Report a problem | ||
| 4/22/2026 | Pending sale | $1,299,000 |
Source: NJMLS #26012156 Report a problem | ||
| 4/9/2026 | Listed for sale | $1,299,000 |
Source: NJMLS #26012156 Report a problem | ||
| 8/31/2020 | Listing removed | $2,200 |
Source: Keller Williams City Life Realty - Jersey City #20023680 Report a problem | ||
| 2/25/2020 | Price change | $2,200-8.3% |
Source: Cosmo Realty, Inc. #20004752 Report a problem | ||
| 2/5/2020 | Listed for rent | $2,400 |
Source: Cosmo Realty, Inc. #20004752 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,726 +3.6% | $1,012,100 +3.6% |
| 2024 | $14,221 +2.7% | $977,400 +4.4% |
| 2023 | $13,849 +2% | $936,400 +6.1% |
| 2022 | $13,583 +0.9% | $882,600 +3.8% |
| 2021 | $13,464 +2% | $850,000 -0.7% |
| 2020 | $13,202 +2.7% | $855,900 +31.7% |
| 2019 | $12,858 | $649,700 |
| 2018 | $12,858 +4.1% | $649,700 |
| 2017 | $12,351 +2.1% | $649,700 |
| 2016 | $12,091 +4.7% | $649,700 |
| 2015 | $11,545 -0.4% | $649,700 |
| 2014 | $11,591 +4.8% | $649,700 |
| 2012 | $11,064 +0.3% | $649,700 |
| 2011 | $11,032 +4.8% | $649,700 |
| 2010 | $10,531 +2.1% | $649,700 -11% |
| 2009 | $10,319 | $729,800 +46% |
| 2007 | -- | $500,000 +50.3% |
| 2006 | -- | $332,700 |
| 2005 | -- | $332,700 |
| 2004 | -- | $332,700 |
| 2003 | -- | $332,700 |
| 2002 | -- | $332,700 |
| 2001 | -- | $332,700 |
Find assessor info on the county website
Neighborhood: 07650
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Nearby schools
GreatSchools rating
- NAEarly Child CenterGrades: PK-KDistance: 0.1 mi
- 4/10Palisades Park Jr Sr High SchoolGrades: 7-12Distance: 0.6 mi
- 6/10Lindbergh Elementary SchoolGrades: 1-6Distance: 0.2 mi
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Estimated market value
$1,215,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,215,400
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