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18 Prospect St APT 4, Palisades Park, NJ, 07650

3beds
2baths
--sqft
$595,000
--price/sqft
$4,042/moest. monthly cost
$161,680/yrincome needed

About This Home

Very spacious 3 bedrooms 2 Baths with washer & dryer on top floor. Large living room open into a formal dining room, Eat-in-Kitchen, Very large 2 bedrooms with plenty of sunlight, Full bathroom with washer & dryer, master bedroom with full bath. 1 Car garage with additional parking space All brand new appliances.

Getting Around

89
WalkingVery Walkable
54
TransitGood Transit
40
BikeSomewhat Bikeable

Schools

--
Early Child CenterGrades PK-K0.4 mi
6/10

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • One Floor Living
  • Flooring: Hardwood

Property

Details

  • Parcel number: 4500503000000007C0004

Features

  • Waterfront features: None

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $3,008$36,096
Home Insurance *$119$1,428
Property Taxes $722$8,664
Electricity $193$2,318
Total$4,042$48,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,582/yr
40% on housing$121,260/yr
45% on housing$107,786/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07650$644
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07650$482
Bergen County$452

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

DateEventPrice
2026-05-28Listed for sale$595,000
2026-04-16Listing removed$575,000
2025-10-15Listed for sale$575,000
2025-10-13Listing removed$599,000
2025-06-27Price change$599,000
2025-05-27Listed for sale$609,000
2021-10-26Listing removed--
2021-10-02Listed for rent$2,700
2021-09-23Listing removed--
2021-08-24Price change$2,800
2021-03-23Listed for rent$2,700
2003-05-09Sold$273,000
2002-09-25Sold$269,000

For Sale by Agent

AgentJoshua Kim
BrokerageThe Agency One Rock-Fort Lee

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