Palermo NJ Multi Family for Sale

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Palermo Real Estate

The median home value in Palermo, NJ is $660,000. This is higher than the county median home value of $613,600. The national median home value is $338,100. The average price of homes sold in Palermo, NJ is $660,000. Approximately 89.23% of Palermo homes are owned, compared to 3.25% rented, while 7.52% are vacant. Palermo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palermo real estate agent to arrange a tour today!

Palermo, New Jersey has a population of 2,827. Palermo is more family-centric than the surrounding county with 40.67% of the households containing married families with children. The county average for households married with children is 25.39%.

The median household income in Palermo, New Jersey is $79,844. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in Palermo is 49 years.

Palermo Weather

The average high temperature in July is 85 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 44.4 inches per year, with 13.9 inches of snow per year.

Palermo Real Estate Market Conditions

  • Median sales price

    $660,000
    20.3% change since last quarter
  • # Active listings

    3
    30-day change

Palermo Schools and Demographics

Education near Palermo, NJ

Metric City County
High School Graduates 97.67 94.05
College Degree - 2 year 9.55 7.66
College Degree - 4 year 41.73 34.98
Graduate Degree 9.36 9.5
Expenditures per Student 26,202 26,202
Students per Teacher 10.4 10.4

Elementary Schools near Palermo, NJ

School Grades Students P/T Ratio ZIP
Clayton J. Davenport Elementary School PK - 03 885 13.8 08234
Dawes Avenue Elementary School PK - 06 394 10.6 08244
E. H. Slaybaugh Elementary School PK - 03 809 15 08234
H. Russel Swift Elementary School PK - 03 470 13.1 08234
Jordan Road Elementary School KG - 08 547 8.9 08244
New York Avenue Elementary School PK - PK 75 10.1 08244
Ocean City Primary School KG - 03 384 11.1 08226
Seaview Elementary School PK - 04 446 11.1 08221
Upper Township Elementary School 03 - 05 454 12.5 08223
Upper Township Primary School PK - 02 480 12.5 08223

Middle Schools near Palermo, NJ

School Grades Students P/T Ratio ZIP
Alder Avenue Middle School 06 - 08 934 11.6 08234
Belhaven Middle School 05 - 08 414 10.7 08221
Dr. Joyanne D. Miller Elementary School 04 - 05 1,175 13 08234
Fernwood Avenue Middle School 06 - 08 933 11.9 08234
Ocean City Intermediate School 04 - 08 507 10.2 08226

High Schools near Palermo, NJ

School Grades Students P/T Ratio ZIP
Charter~Tech High School for the Performing Arts 09 - 12 338 9.6 08244
Egg Harbor Township High School 09 - 12 2,360 12.2 08234
Mainland Regional High School 09 - 12 1,356 11.3 08221
Ocean City High School 09 - 12 1,262 12.3 08226

Ungraded Schools near Palermo, NJ

School Grades Students P/T Ratio ZIP
* Project Teach - Atlantic 09 - 12 46 08234
Atlantic Transitional Education Center 09 - 11 10 08234

Demographics near Palermo, NJ

Metric City County
Neighborhood Type
Population 2,827 95,488
Population Density 2,282 380
Median Age 49 50.4
People per Household 2.4 2.2
Median Household Income 79,844 76,237
Average Income per Capita 42,331 45,689