201 12th St APT 25, Palisades Park, NJ, 07650
About This Home
Rare income-producing covered garage parking at approximately 10% ROI at current rents. Five covered parking spaces available on the 2nd level of the condominium covered garage, each offered at $29. 995$. All spaces are currently rented month-to-month at $200 per month, providing immediate income. The condominium complex will soon undergo major renovations, including improvements to the garage structure. A special assessment of $7,100 per space has been issued and will be paid in full by the current owner at closing, offering significant added value to the buyer. Excellent opportunity for investors, residents, or non-residents seeking secure covered parking and reliable rental income.
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1987
Type & Style
- Home type: Condo
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Interior Area
- Total interior livable area: 443 sqft
Property
Details
- Parcel number: 4500707000000009C0025
Features
- Exterior features: Brick
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $151 | $1,812 |
| Home Insurance * | $6 | $72 |
| Property Taxes | $36 | $432 |
| Electricity | $193 | $2,318 |
| Total | $386 | $4,632 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-18 | Listed for sale | $29,995 |
| 2016-09-23 | Sold | $104,000 |
| 2016-07-11 | Price change | $112,000 |
| 2016-06-10 | Price change | $119,000 |
| 2016-05-20 | Price change | $125,000 |
| 2016-04-20 | Listed for sale | $128,000 |
| 2016-02-26 | Sold | $110,000 |
| 1998-05-15 | Sold | $29,000 |
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