Housing & Real Estate — Palermo, New Jersey

Overview

Total Housing Units1,259
Occupied1,148
Vacant111
Owner-Occupied1,126
Renter-Occupied22
Median Home Value (Census)$395,400
Estimated 2026~$399,000
Median RentN/A/mo
Median Property Tax$6,665/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of IncomeN/A%
Severely Rent-Burdened0.0%

Housing Age

Built 2010 or later31
Built 2000-2009175
Built 1990-1999196
Built before 196077
Median Year Built1985
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.