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    1207 Anderson Ave Fort Lee, NJ 07024

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    For Sale
    $1,650,000

    Commercial and residential property in Fort Lee, near NYC.

    Property Features for 1207 Anderson Ave

    General Information

    Standard status
    Active

    Source: COLDWELL BANKER, ALLENDALE/SADDLE RIVER VALLEY Agent STERGIA KALOGIROU

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

    Overview

    Fort Lee Mixed-Use Investment

    Located in Fort Lee, New Jersey, 1207 Anderson Avenue is zoned C-2 Neighborhood Business Zone. The property features flexible commercial and residential space. It includes separate utilities and private on-site parking for tenants and visitors. A private access full basement provides ample storage. The location offers convenient proximity to public transportation, local shops, dining, and amenities. Situated minutes from the George Washington Bridge and major highways, the property provides easy access to New York City and surrounding areas. This property may offer additional possibilities for investors or end users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.981708
    Latitude
    40.8394922

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial and residential property in Fort Lee, near NYC.
    Where is this mixed-use property located?
    The property is located at 1207 Anderson Ave Fort Lee, NJ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Prime location in desirable Fort Lee, NJ, offering high visibility and access.; - Zoned C-2 Neighborhood Business Zone, providing flexible commercial and residential use possibilities.; - Private on-site parking for tenants and visitors.
    (201) 327-5050
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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
    1207 Anderson Ave Fort Lee, NJ 07024
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