Commercial space For Sale in Fort Lee, NJ
 

MLS# : 24038291

Street : 801 Palisade Avenue
Price : $3,900,000
Town : Fort Lee, NJ 07024
Annual Taxes : $25,000

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Central Air, Gas, Hot Air, Hot Water
Waterfront : None

PROPERTY DESCRIPTION

We are offering a rare-to-find building in Fort Lee with great potential. The building underwent complete renovations in 2016, including both interior and exterior updates. Plumbing, roofing, exterior walls, interior, and flooring have all been replaced. The water heater and HVAC system have also been upgraded to brand new units, both functioning excellently. While there is no dedicated parking lot, there are plenty of convenient parking options nearby, so parking will not be a concern. Additionally, there is a public parking lot just one block away. The building features 5,000 square feet on the first floor and another 5,000 square feet on the second floor, both laid out in a square configuration, maximizing the use of every space and both has a high ceiling. This versatile building can accommodate various types of businesses, including a showroom, SAT academy, medical office, dental practice, warehouse, garage, and more.

Amenities

This listing is a courtesy of C Land Realty Co. Pal Park
(201) 944-5353 office, listing agent Suzie Choi

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
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


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: 12/22/2024 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