Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    100 Old Palisade Rd, Unit 3311 Fort Lee, NJ 07024

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,600 /Mo

    Well-maintained 2BR/2BA apartment near NYC with full amenities.

    We can help!

    Listing Contact
    Jorge Vasquez
    Source: Kw

    Listing Agent: Jorge Vasquez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Apartment with Bridge Views

    This well-maintained residence at 100 Old Palisade Rd features 2 bedrooms and 2 bathrooms. The unit includes a washer/dryer, dishwasher, and modern stainless steel appliances. The open layout benefits from natural light and offers views of the George Washington Bridge. Residents have access to amenities such as a pool, gym, and 24-hour concierge service. The property includes two covered parking spots. Located minutes from New York City, it provides convenient access to shopping, groceries, dining, and public transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lee
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.965201
    Latitude
    40.848383

    Nearby Similar for Lease

    • $4,000 /Mo

      Renovated Apartment with Modern Amenities

      Spacious 3-bedroom apartment with modern kitchen and included utilities.
      2449 1St St, Fort Lee, NJ 07024
      View Details
    • $25 SF/Yr

      Class A Office Space Available

      Customizable office suites in Fort Lee's iconic NBC/Telemundo building.
      2200 Fletcher Ave, Fort Lee, NJ 07024
      View Details
    • $5,000 /Mo

      Spacious Retail Space in Fort Lee

      High-visibility retail space suitable for various businesses in a prime location.
      1619 Palisade Ave, Fort Lee, NJ 07024
      View Details
    • $2,845 /Mo

      Modern Apartments Near George Washington Bridge

      Modern apartments in Fort Lee, near George Washington Bridge.
      2150 N Central Ave, Fort Lee, NJ 07024
      View Details
    • $3,150 /Mo

      Luxury Fort Lee Condo Rental

      Luxury high-rise condo with Manhattan skyline views and modern amenities.
      100 Old Palisade Rd, Fort Lee, NJ 07024
      View Details
    • $5,250 /Mo

      Fort Lee Professional Office Space

      Dental/medical office space in a prime Fort Lee location.
      1509 Palisade Ave, Fort Lee, NJ 07024
      View Details
    • $6,000 /Mo

      Furnished Condo with Hudson Views

      Renovated, furnished 2-bed, 2-bath condo with den and Hudson views.
      200 Old Palisade Rd, Fort Lee, NJ 07024
      View Details
    • $4,000 /Mo

      Established Dental Office in Fort Lee

      Long-standing dental office space for lease in prime Fort Lee.
      422 Main St, Fort Lee, NJ 07024
      View Details
    • $2,200 /Mo

      Updated One-Bedroom Apartment in Fort Lee

      Recently updated one-bedroom apartment with parking, near shopping and transportation.
      1575 Center St, Fort Lee, NJ 07024
      View Details
    • $2,700 /Mo

      Renovated Apartment with Bridge Views

      Sun-lit, renovated one-bedroom apartment with views and resort-like amenities.
      100 Old Palisade Rd, Fort Lee, NJ 07024
      View Details
    • $4,500 /Mo

      Prime Retail/Office Space Available

      Street-level retail/office space in a high-traffic location.
      1637 Palisade Ave, Fort Lee, NJ 07024
      View Details
    • $4,950 /Mo

      Renovated Freestanding Fort Lee Building

      Renovated office building in the heart of Fort Lee.
      1624 Center Ave, Fort Lee, NJ 07024
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 2BR/2BA apartment near NYC with full amenities.
    Where is this apartment building located?
    The property is located at 100 Old Palisade Rd, Unit 3311 Fort Lee, NJ.
    What are key features of this property?
    This property features: - Stunning views of the George Washington Bridge and abundant natural light.; - Full-service amenities including a pool, gym, and 24-hour concierge.; - Convenient location minutes from NYC with easy access to shopping, groceries, dining, and public transportation.
    (201) 659-8600
    Request Owner's contact information
    100 Old Palisade Rd, Unit 3311 Fort Lee, NJ 07024
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Old Palisade Rd, Unit 3311
    Fort Lee, NJ 07024
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Old Palisade Rd, Unit 3311 Fort Lee, NJ 07024
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jorge Vasquez
    (201) 659-8600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.