Mixed-Use Property with
New
For Sale
$2,450,000
1626 Palisade Ave, Fort Lee, NJ 07024
Two retail spaces, offices, and an apartment share a building with separate HVAC and a sprinkler system.
Property SizeContact for details
Days on Market2
Property Features for 1626 Palisade Ave
General Information
Standard status
Active
Property subtype
Commercial
Net Operating Income
$91,158
Additional Details
Sprinkler System
Yes
Office Units
2
Amenities
separate HVAC
Building Details
Tenancy
Multi
Listing Agency:
Alpine MC Realty LLC
(201) 857-8777
Listed By:
Woo H. Choi ()
(201) 665-3114
Source:
Fortuneluxuryrealty
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 19 at 4:34AM
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 Alpine MC Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This downtown Fort Lee property combines two retail stores, two offices, and one apartment. Separate HVAC systems serve the property, which also has a sprinkler system and parking at both the front and rear.
The surrounding area includes high-rise development, restaurants, retail shops, and schools.
The surrounding area includes high-rise development, restaurants, retail shops, and schools.
Key Highlights
- Two retail stores, two offices, and one apartment
- Separate HVAC systems
- Sprinkler system
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,378
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 37%
Beauty & Spa 1%
McDonald's
Dining
30,598 visits/mo
0.5 miles
Paris Baguette
Dining
22,490 visits/mo
0.2 miles
Starbucks
Dining
15,688 visits/mo
0.0 miles
Citibank
Shops & Services
14,931 visits/mo
0.3 miles
Sunoco
Shops & Services
14,809 visits/mo
0.5 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two retail spaces, offices, and an apartment share a building with separate HVAC and a sprinkler system.
Where is this mixed-use property located?
The property is located at 1626 Palisade Ave Fort Lee, NJ.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Two retail stores, two offices, and one apartment; Separate HVAC systems; Sprinkler system
