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Overview / Commentary
1365 Palisade Avenue
Fort Lee, NJ 07024

Bank of New Jersey is headquartered in Fort Lee and is the 32nd largest bank in the state of New Jersey. It is also the 880th largest bank in the nation. It was established in 2006 and as of March of 2017, it had grown to 85 employees at 9 locations. Bank of New Jersey has a B health rating.

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Health Grade Components

FDIC Certificate #58175
Year Established2006
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD5.46%
Annual Interest Income$7.8MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$859.7MM$793.9MM
LoansQ1 2017vs Q1 2016$676.0MM$643.8MM
DepositsQ1 2017vs Q1 2016$755.3MM$692.3MM
Equity CapitalQ1 2017vs Q1 2016$78.5MM$74.3MM
Loan Loss AllowanceQ1 2017vs Q1 2016$8.2MM$8.1MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$19.3MM$7.0MM
Real Estate OwnedQ1 2017vs Q1 2016$456.00K$512.00K

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Bank of New Jersey Locations
Englewood Branch104 Grand AvenueEnglewood, NJ 07631
Bank Of New Jersey1365 Palisade AvenueFort Lee, NJ 07024
Main Street Branch204 Main StFort Lee, NJ 07024
Haworth Branch320 Haworth AvenueHaworth, NJ 07641
Cliffside Park Branch354 Palisade AvenueCliffside Park, NJ 07010
Harrington Park Branch4 Park StreetHarrington Park, NJ 07640
Hackensack Branch401 Hackensack AvenueHackensack, NJ 07601
West Street Office458 West StreetFort Lee, NJ 07024
Woodcliff Lake Branch585 Chestnut Ridge RoadWoodcliff Lake, NJ 07677