Start With the Assessment, Because Most Buyers Do Not
The building carries a special assessment of approximately $45,000. The seller will pay it in full at closing. The buyer takes title with no assessment balance attached to the unit.
That single term is worth more than any finish in the unit. Special assessments are the reason condo deals fall apart late, and they are the first thing a careful buyer asks about after seeing the monthly fee. Here the answer is already settled in writing before you make an offer.
What Was Actually Renovated
The kitchen was rebuilt from the studs out. New cabinetry, new countertops, a new sink and fixtures, a new electric range, a new refrigerator, and new light fixtures. New sliding glass doors lead from the kitchen to a private balcony.
The bathroom was fully renovated as well, with new tile walls, a new vanity and sink, a new mirror with accent lighting, and new fixtures throughout. A new bedroom window is currently being installed.
This is the distinction that matters at this price point. Plenty of listings describe themselves as updated, meaning paint and a countertop. Here the two rooms that cost the most to redo have already been redone, which is exactly the work a buyer does not want to finance out of pocket after closing.
How 674 Square Feet Lives
A large walk-in coat closet greets you at the entry, and the open layout makes the square footage live larger than the number suggests. The balcony off the kitchen adds usable outdoor space, which is not standard in this segment.
The unit sits on the third floor of a secure-access mid-rise. Heat is gas baseboard with a built-in air conditioning unit, and there is a washer and dryer room on site serving the building. One garage parking space is included with the unit, which in a dense borough is a genuine cost saving rather than a convenience.
Feature | Detail |
|---|---|
Layout | Open concept, one bedroom, one bath, 674 square feet |
Kitchen | Fully renovated, new appliances, sliding doors to balcony |
Bath | Fully renovated, new tile, vanity, mirror, and fixtures |
Outdoor | Private balcony off the kitchen |
Parking | One garage space included |
Systems | Gas baseboard heat, built-in air conditioning |
Building | Secure access mid-rise, third floor, on-site laundry room |
The Commute, in Real Numbers
Palisades Park sits along the Broad Avenue corridor. NJ Transit Bus Routes 165 and 166 run direct to the Port Authority Bus Terminal in roughly 38 to 46 minutes. The George Washington Bridge approach is about 4.5 miles away, putting Manhattan within a 15 to 35 minute drive depending on traffic.
For ferry commuters, there is no landing inside the borough. The Edgewater Ferry Landing at 989 River Road is about a ten minute drive east, with NY Waterway service into Midtown and downtown Manhattan.
Three separate routes into Manhattan from one address is the practical argument for this location. Commuters who have lived with a single option understand why that matters on the days one of them fails.
The Broad Avenue Corridor
Broad Avenue is one of Bergen County's most active commercial corridors, with a dense mix of independent restaurants, cafes, bakeries, and specialty grocers alongside everyday retail. It is walkable and transit-connected, a combination that is not common in a county built mostly around driving.
More on the borough, including housing stock and the surrounding corridor, is in the Palisades Park town guide.
Who This Unit Fits
Three buyer profiles keep coming up on units like this one.
First-time buyers who want to stop renting without taking on a house. The renovated kitchen and bath remove the immediate capital expense, and the included garage space removes a recurring one.
Commuters who want three routes into Manhattan and are done paying Hudson County waterfront pricing for the privilege.
Downsizers moving out of a Bergen County house who want the maintenance to belong to someone else. If that is you and the next stop after this is Florida rather than Palisades Park, the Florida town guides cover that side, and a current home valuation on your house is where that conversation starts.
See It in Person
Full details and photos are on the property page for 201 12th Street, Unit 19. To schedule a showing, book a time directly or call 201-970-3960.
The Three Pillars Behind Every Good Decision
Every purchase decision sits where timing, cash-flow, and lifestyle fit meet. Work all three or the math stops holding.
Timing & Strategy
The seller resolving the assessment at closing removes the usual late-stage condo risk. Start with the seven-question assessment at quiz.sellecksellsnj.com.
Financing & Cash-Flow
A $316 monthly fee and an included garage space set the true monthly carrying cost. See the advisory approach at scott.sellecksellsnj.com.
Lifestyle & Location Fit
Three separate routes into Manhattan from one Broad Avenue corridor address. Compare towns in the guides at communityguides.sellecksellsnj.com.
Frequently Asked Questions
What is the price of 201 12th Street, Unit 19 in Palisades Park, NJ?
The unit is listed at $329,900. It is a one-bedroom, one-bathroom condominium of 674 square feet, built in 1975, with monthly association fees of $316.
Does this condo have a special assessment?
The building carries an approximately $45,000 special assessment. The seller will pay it in full at closing, so the buyer takes title with no assessment balance attached to the unit.
What renovations were made to this Palisades Park condo?
The kitchen received new cabinetry, new countertops, a new sink and fixtures, a new electric range, a new refrigerator, and new light fixtures. The bathroom received new tile walls, a new vanity and sink, a new mirror with accent lighting, and new fixtures. New sliding glass doors were installed connecting the kitchen to the balcony, and a new bedroom window is currently being installed.
Does this unit include parking?
Yes. One garage parking space is included with the unit.
Is 201 12th Street close to NYC public transit?
Yes. NJ Transit Bus Routes 165 and 166 run along the Broad Avenue corridor with direct service to the Port Authority Bus Terminal, typically 38 to 46 minutes. The Edgewater Ferry Landing, about a ten minute drive east, offers NY Waterway service into Midtown and downtown Manhattan.
How far is Palisades Park from the George Washington Bridge?
The bridge approach is about 4.5 miles from Palisades Park, putting most Manhattan destinations within a 15 to 35 minute drive depending on traffic.
Is this Palisades Park condo move-in ready?
Yes. The kitchen and bathroom are fully renovated and the unit is in turnkey condition, with only the new bedroom window installation still in progress.
This article describes a property listed for sale by Scott Selleck of The Selleck Group at Keller Williams City Views Realty. Details, dimensions, taxes, and association figures are drawn from the listing and public records and are believed accurate but are not guaranteed. Verify all measurements, assessments, fees, and tax figures independently before making an offer. This article is general information only and is not legal, tax, or financial advice. Commission in New Jersey is fully negotiable and is not set by law or by any board or association of Realtors.
Top 5 Sources
- Listing data for 201 12th Street, Unit 19, Palisades Park, NJ 07650, MLS 26025021.
- NJ Transit Bus Routes 165 and 166 published schedules for the Broad Avenue corridor.
- NY Waterway service information for the Edgewater Ferry Landing at 989 River Road.
- Scott Selleck Foundation Document for voice, positioning, and advisory framing.
- Scott Selleck Link Directory for CTA structure, internal linking, and required site references.
