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Fully Leased Retail/Office Investment Property
For Sale
$1,650,000

1618 Parker Ave, Fort Lee, NJ 07024

Freestanding commercial building in Fort Lee, NJ, fully leased.

Property SizeContact for details
Days on Market182

Property Features for 1618 Parker Ave

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Real
Listed By: Rich Kim ()
Source: Fortuneluxuryrealty
Added: Mar 5 Changed: Sep 3 Last Checked: Sep 2 at 8:24PM

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 Real

Investment Insights

Based on property information with market context.

This is a fully leased, freestanding retail/office investment property for sale in Fort Lee, New Jersey, situated on Parker Avenue. The three-story commercial building is fully occupied, featuring strong in-place tenancy and stable cash flow. The current tenant mix includes a medical office and a skin care/personal services business. The property benefits from a prime location in Northern New Jersey, offering strong visibility and on-site parking. It also provides convenient access to Routes 4, 46, I-95, and the George Washington Bridge. This property is suited for investors seeking an income-producing commercial property.

Key Highlights

  • Fully leased with strong in‑place tenancy and stable cash flow.
  • Prime Northern New Jersey location with strong visibility.
  • Freestanding 3‑story retail/office building.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Barber Shop Florist Auto Parts Store Mobile Phone Store Bed & Breakfast Fish Market

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

Location Intelligence

Trade Area within ½ mile

2,990
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?
Retail space - Freestanding commercial building in Fort Lee, NJ, fully leased.
Where is this retail space located?
The property is located at 1618 Parker 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: Fully leased with strong in‑place tenancy and stable cash flow.; Prime Northern New Jersey location with strong visibility.; Freestanding 3‑story retail/office building.
More about this property
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