07650, Palisades Park, NJ

The 7650 zip code of Palisades Park, NJ has a median home value of $269,000 and a median home equity value of $119,000. This is significantly higher than the statewide median home value of $172,500 and the national median home equity value of $142,700. The high home values in this zip code are likely due to the affluent population and excellent schools in this area.

The average household income in the 7650 zip code is $128,000, which is significantly higher than the statewide average household income of $76,500 and the national average household income of $53,046. The high incomes in this zip code are likely due to the affluent population and excellent schools in this area.

The percentage of households that own their homes outright is significantly higher than the statewide percentage of households that own their homes outright (77%) and the national percentage of households that own their homes outright (64%). This indicates that many homeowners in this zip code are able to borrow against their homes to finance purchases or repairs.