201 12th St · Palisades Park, NJ 07650

$29,995

1 bd · 1.0 ba · 443 sqft · SingleFamily · 9 Days on market

Built 1975

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0

Listing remarks

Deeded Parking Spot Space GARAGE FOR SALE (INDOOR) Parking Indoor Parking spot inside of the garage for SALE with the remote controlled door 34.995$ Address: 12th street Palisades Park NJ

Key facts

• Built 1975
• Listed 9 days

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $30k).

Location & tenants

• Location reads 82/100 on livability (#48 in NJ, #1,217 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: cost of living F.
• Palisades Park School District (suburban): math 18% / reading 37% proficiency, ranked #360 of 472 in NJ (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 40 active listings in the ZIP; solid renter incomes; 3,488 units permitted in Bergen County in 2024 (1,610 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($207 loan paydown + $3k appreciation (10.0% local appreciation)).
• Bergen County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts; this cycle's ask has dropped $5k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $29,995

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 7.38% ✓
• Cap rate: 67.99%
• Cash-on-cash: 220.36%
• DSCR: 10.80
• GRM: 1.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 14.64×
• Total profit: $114,598
• Equity at exit: $27,022

10-year hold

• IRR: —
• Equity multiple: 31.99×
• Total profit: $260,293
• Equity at exit: $58,274

Cash invested: $8,399 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 07650

• Home prices YoY: 4.0%
• Active inventory: 40
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $2,215 medium
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $450/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$465
• Net cashflow: $1,542

Break-even live

Break-even rent $262

Max offer price $29,995

Occupancy floor 25%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,499
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-18
   days on market $29,995 Active 9 DOM
2. 2026-06-17
   days on market $29,995 Active 8 DOM
3. 2026-06-16
   days on market $29,995 Active 7 DOM
4. 2026-06-15
   days on market $29,995 Active 6 DOM
5. 2026-06-13
   days on market $29,995 Active 4 DOM
6. 2026-06-10
   pricedays on marketlisting id $29,995 Active 1 DOM
7. 2026-06-09
   days on market $34,995 Active 96 DOM
8. 2026-06-08
   days on market $34,995 Active 95 DOM
9. 2026-06-07
   days on market $34,995 Active 94 DOM
10. 2026-06-04
    days on market $34,995 Active 91 DOM
11. 2026-06-03
    days on market $34,995 Active 90 DOM
12. 2026-06-02
    days on market $34,995 Active 89 DOM
13. 2026-06-01
    days on market $34,995 Active 88 DOM
14. 2026-05-31
    days on market $34,995 Active 87 DOM
15. 2026-03-05
    listed $34,995 Active
16. 2025-01-19
    historical $2,000
17. 2025-01-18
    historical $2,000
18. 2025-01-18
    listed $2,000
19. 2025-01-11
    listed $2,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,576
• − Mortgage interest: −$1,680
• − Property taxes: −$450
• − Insurance: −$150
• − Repairs & maintenance: −$2,126
• − Management: −$2,126
• − Depreciation: −$873
• Taxable income: $19,171
• Est. tax owed @ 24.0%: −$4,601
• After-tax cash flow: $13,906/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palisades Park School District
• NCES district ID: 3412360
• Math proficiency: 18% ▼ -13.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $60,434
• Composite: 25.05/100
• National rank: #7545
• State rank: #360 of 472 in NJ

Livability — Palisades Park

• Score: 82/100
• State rank: #48
• US rank: #1217

Category grades

Amenities A+ Commute A+ Cost of living F Crime A+ Employment A+ Housing C Health & safety A User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palisades Park, NJ
• County: Bergen County · 586,961 people
• City population: 20,290
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 20,290
• Household income: $94,743
• Rent vs Own: 64.5% rent · 35.5% own
• Severe rent burden: 1235.0

Population outlook (Bergen County) Hauer SSP2

• Today (2025): 1,021,896 people
• By 2030: 1,063,119 · +4.0%
• By 2040: 1,146,566 · +12.2%
• By 2050: 1,229,132 · +20.3%
• By 2075: 1,429,694 · +39.9%
• By 2100: 1,547,614 · +51.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Asian 55% Hispanic / Latino 24% White 18% Two or more races 7% Black 3%
• Hispanic origin (detail): Puerto Rican 3% Dominican 6%
• Common ancestry: Lithuanian 1% Iranian 1% Romanian 1%
• Foreign-born: 60% · South Korea, Canada, Jamaica
• Languages at home: 24% English-only · Korean 42% Spanish 22% Other Indo-European 4%

Political lean MEDSL · Bergen

• 2024 margin: Toss-up / Even · D 50.7% · R 47.3% · Other 2.0%
• 2008→2024 swing: -6.1pp toward R · 2008: 9.5pp · 2024: 3.4pp
• All cycles: 2024: D+3.4 2020: D+16.4 2016: D+12.0 2012: D+10.8 2008: D+9.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.46%
• Current HPI: 377.4091
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+1649.7% since first listed

5 events — show timeline

• 2026-03-05 Listed $34,995 ForSaleByOwner.com
• 2025-01-19 Rental Removed $2,000 GSMLS
• 2025-01-18 Rental Removed $2,000 NJMLS
• 2025-01-18 Listed for Rent $2,000 GSMLS
• 2025-01-11 Listed for Rent $2,000 NJMLS