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Mixed-Use Property with Retail Units
For Sale
$1,845,000

515 Main St, Fort Lee, NJ 07024

Leased storefronts are paired with a separate residential unit and rear parking area.

Property SizeContact for details
Days on Market18

Property Features for 515 Main St

General Information

Standard status Active
Total Parking Spaces 4

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $21,443

Building Details

Tenancy Multi
Listing Agency: Prominent Properties Sotheby's International Realty-Englewood Cliffs
Listed By: Soo Yu
Source: Exprealty
Added: Aug 4 Changed: Aug 21 Last Checked: Aug 20 at 1:50PM

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

Investment Insights

Based on property information with market context.

This mixed-use property includes three retail units and one residential unit. Long-term leases are in place for the retail component, while the residential space can support continued rental use or occupancy by an owner. Four parking spaces are located behind the building.

The property is at 515 Main St in Fort Lee, NJ, within the local business district and near a concentrated shopping corridor. The site is also close to the George Washington Bridge and NYC bus lines, providing access to regional transportation connections and nearby commercial activity.

Key Highlights

  • Three retail units plus one residential unit
  • Long‑term retail leases are in place
  • Four rear parking spaces

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Barber Shop Nursing Home Tattoo & Piercing Shop 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

1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased storefronts are paired with a separate residential unit and rear parking area.
Where is this mixed-use property located?
The property is located at 515 Main St Fort Lee, NJ.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Three retail units plus one residential unit; Long‑term retail leases are in place; Four rear parking spaces
More about this property
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