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    1619 Palisade Ave, Unit 2ND Fort Lee, NJ 07024

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    For Lease
    $5,000 /Mo

    High-visibility retail space suitable for various businesses in a prime location.

    Property Features for 1619 Palisade Ave

    General Information

    Standard status
    Active

    Source: TOP REALTY Agent SANG KOO HAN

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

    Overview

    Spacious Retail Space in Fort Lee

    This spacious second-floor retail space, approximately 3,000 square feet, is situated in a high-traffic area of Fort Lee, offering excellent visibility. The location is convenient to Main Street and near Hudson Lights, with walking distance to multiple high-rise residential and condominium buildings. Free parking is available in the rear of the building, supplemented by on-street metered parking. The property is located in a fast-growing business area. The space was previously occupied by a karaoke business, and is recommended for karaoke or after-school programs, clinics, pilates, yoga, gelato or coffee shops, gyms, or private institutes. An additional 1,300 square feet on the third floor is available separately. Lease terms are a reasonable and long-term triple net lease. Intended use is for retail or similar businesses, subject to borough approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -73.9691167
    Latitude
    40.8496702

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space suitable for various businesses in a prime location.
    Where is this retail space located?
    The property is located at 1619 Palisade Ave, Unit 2ND Fort Lee, NJ.
    What are key features of this property?
    This property features: - Excellent location with heavy foot traffic and high visibility.; - Large, spacious second-floor space (approximately 3,000 SF) available for business.; - Reasonable and long-term triple net lease at approximately $20.00 per square foot (base rent $5,000).
    (201) 917-5366
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    1619 Palisade Ave, Unit 2ND Fort Lee, NJ 07024
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    Realmo Value Estimation

    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.

    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.

    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
    1619 Palisade Ave, Unit 2ND Fort Lee, NJ 07024
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