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Mixed-Use Building with Elevator
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1079 Palisade Ave, Fort Lee, NJ 07024

New construction mixed-use building with offices, two apartments, elevator, and 15 on-site parking spaces.

Property SizeContact for details
Days on Market83

Property Features for 1079 Palisade Ave

General Information

Standard status Active
Total Parking Spaces 15
Property subtype Commercial

Additional Details

Multifamily Units 2

Building Details

Stories 3
Listing Agency: Hudson One Realty LLC
Listed By: Bora Kim ((201) 574-5232)
Source: Ridgevalleyre
Added: Jun 9 Changed: Aug 19 Last Checked: Aug 29 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hudson One Realty LLC

Investment Insights

Based on property information with market context.

This newly constructed, free-standing mixed-use building features an elevator and a finished basement, supported by 15 parking spots. The first and second floors are configured for office use with open layouts that allow for customized workplace setups. The 1st floor offers approximately 1,788 sq. ft., the 2nd floor offers approximately 2,881 sq. ft., and the ground floor also offers approximately 1,788 sq. ft. for flexible office use. The third floor includes two modern 2-bedroom apartments, approximately 1,178 sq. ft. and 1,100 sq. ft., each with 2 baths and an open-plan living configuration.

Located on Palisade Avenue in Fort Lee, NJ, the building is designed to support both business and residential needs within the same modern structure, with parking included for day-to-day access.

The property is a strong fit for tenants or buyers looking for a mixed-use setup where office and residential space share the same address. The open office floorplates across multiple levels can accommodate a range of office users, while the two apartment units provide a ready residential component that can support an owner-operator or multi-tenant operating plan.

Key Highlights

  • New construction mixed‑use, free‑standing building with elevator and finished basement
  • 3 stories plus finished basement with office space on the first, second and ground floors
  • Office area: 1,788 SF (1st) and 2,881 SF (2nd), plus flexible 1,788 SF ground‑floor space

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Storage Facility Tattoo & Piercing Shop Pet Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,681
Businesses Nearby

Demographics for 07024, NJ

40,171
Population
19,748
Households
2
Avg Household Size
46
Median Age
65%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
16,068
Density / Sq Mi
$105,594
Median Household Income
$71,008
Median Earnings
$2,257
Median Rent
$422,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - New construction mixed-use building with offices, two apartments, elevator, and 15 on-site parking spaces.
Where is this live-work space located?
The property is located at 1079 Palisade Ave Fort Lee, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: New construction mixed‑use, free‑standing building with elevator and finished basement; 3 stories plus finished basement with office space on the first, second and ground floors; Office area: 1,788 SF (1st) and 2,881 SF (2nd), plus flexible 1,788 SF ground‑floor space
(646) 531-2942 Call to check price and availability
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