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Mixed-Use Property with Parking
For Lease
$1,845,000

515 Main Street, Fort Lee, NJ 07024

Three retail spaces and one residential unit combine leased commercial space with a separate living area.

Space SizeContact for details
Days on Market91

Property Features for 515 Main Street

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $21,443
Listing Agency: Prominent Properties Sotheby's International Realty-Englewood Cliffs
Listed By: Soo Yu
Source: Tkregroupinc
Added: Aug 4 Changed: Nov 1 Last Checked: Nov 1 at 3:34PM

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 Prominent Properties Sotheby's International Realty-Englewood Cliffs

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property at 515 Main Street in Fort Lee contains three retail units and one residential unit. Long-term leases are in place for the retail units, and the residential space can be occupied by an owner or retained as a rental. Four parking spaces are located behind the building.

The property is in Fort Lee’s business district, near local shopping, NYC bus lines, and the George Washington Bridge.

Key Highlights

  • Three retail units and one residential unit
  • Long‑term leases in place for the retail units
  • Four parking spaces at the rear

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Barber Shop Tattoo & Piercing Shop Nursing Home Garden Center Bed & Breakfast

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,015
Businesses Nearby
116k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Hotels & Casinos 16% Groceries 7% Dining 7%
BP Shops & Services
21,694 visits/mo 0.1 miles
Sunoco Shops & Services
12,226 visits/mo 0.2 miles
DoubleTree by Hilton Hotel Fort Lee - George Washington Bridge Hotels & Casinos
11,252 visits/mo 0.3 miles
Shell Shops & Services
9,740 visits/mo 0.4 miles
Liquor World Groceries
8,616 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three retail spaces and one residential unit combine leased commercial space with a separate living area.
Where is this mixed-use property located?
The property is located at 515 Main Street Fort Lee, NJ.
What is the lease rate?
The lease rate is $1,845,000.
What are key features of this property?
This property features: Three retail units and one residential unit; Long‑term leases in place for the retail units; Four parking spaces at the rear
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