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Freestanding Mixed-Use Building
New
For Sale
$1,425,000

1618 Parker Avenue, Fort Lee, NJ 07024

Medical and personal-services businesses occupy the property, with parking available on site.

Property SizeContact for details
Days on Market7

Property Features for 1618 Parker Avenue

General Information

Standard status Active
Occupancy 100%

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $26,000

Amenities

Central Air, Gas
Central, Natural Gas

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Real
Listed By: Rich Kim
Source: Evrealestate
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 12 at 6:32PM

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 freestanding, 3-story commercial building in Fort Lee is fully leased and 100% occupied. Its tenant mix includes a medical office and a skin care and personal-services business, with on-site parking for the property.

The building is located on Parker Ave, with access to Routes 4 and 46, I-95, and the George Washington Bridge.

Key Highlights

  • Freestanding 3‑story commercial building
  • Fully leased and 100% occupied
  • Tenants include a medical office and a skin care and personal‑services business

Property Analytics

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Current Use

Medical Office 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Medical and personal-services businesses occupy the property, with parking available on site.
Where is this mixed-use property located?
The property is located at 1618 Parker Avenue Fort Lee, NJ.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Freestanding 3‑story commercial building; Fully leased and 100% occupied; Tenants include a medical office and a skin care and personal‑services business
More about this property
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