5+ Mixed Use For Sale in Fort Lee, NJ
 

MLS# : 24027619

Street : 1079 Palisade Avenue
Price : $4,500,000
Town : Fort Lee, NJ 07024
Annual Taxes : $17,063

PROPERTY DETAILS

Year Built : New Construction-New Foundation
Roof : Flat

PROPERTY DESCRIPTION

For Sale: Mixed-Use New Construction Building with Elevator- Welcome to this exceptional mixed-use property located on Palisade Avenue, Fort Lee, NJ, a burgeoning hub with unparalleled potential. This newly constructed, free-standing, modern building spans 3- stories and a finished basement with 15 parking spots, offering office space to accommodate various business and residential needs. -- First & Second Floors: Office space: Each level is thoughtfully configured for office use. 1st Fl + Ground floor (1,788 + 1,788 sq/ft) and, 2nf floor (2,881 sq/ft) flexible space per floor. The open layout allows for customized office setups. -- Third Floors: 2 APTs (apx:1,178/1,100 sq/ft) 2bd/2bth. This building features two spacious, modern 2-bedroom apartments. Each will be comfortable and stylish, with contemporary finishes and open-plan living areas. It is perfect for attracting long-term tenants or providing desirable living quarters.

Amenities

This listing is a courtesy of Hudson One Realty LLC
(646) 531-2942 office, listing agent Bora Kim

About Fort Lee, NJ Real Estate Market

Once the capital of the American movie industry at the turn of the 20th century, the Borough of Fort Lee, today has become a favorite place for individual residents and international trade businesses seeking convenience and ease for NYC commute. The Borough’s vibrant economy has allowed for many upscale developments and infrastructure projects including the famous George Washington Bridge connecting New Jersey with Manhattan.

It is a great place to live and work with many restaurants, shops and options for a convenient lifestyle.
Population:  39,642
Total Housing Units:  17,315
Single Family Homes:  5,230
General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
Compare To Other Towns

Fort Lee Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,197,833
Homes Sold* (12mo):  70
PRICE INDEX
SINGLE FAMILY HOME SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $554,882
Apatments Sold* (12mo):  259
PRICE INDEX
APARTMENT SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
GENRAL TAX RATE - Fort Lee, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Real estate inventory
Fort Lee
Homes : $470,000 - 3,575,000 12 avail
Condos : $310,000 - 2,300,000 38 avail
Co-ops : $1,400 - 1,600,000 72 avail
Twnhs : $885,000 - 1,899,000 19 avail
2-4 Fam : $899,000 - 3,348,000 4 avail
5+ Fam : -
Land : $1,199,000 - 1,199,000 1 avail
Rentals : $1,400 - 33,000 104 avail
Mixd Use : $1,800,000 - 4,500,000 2 avail
Com S : -
Com L : -
Biz : $65,000 - 448,000 9 avail


Similar Listings in Fort Lee

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/26/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com