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Financial
Distress signals
Property profile

89 Main St Fort Lee, NJ 07024

OFF-MARKET
Other commercial real estate
Property ID
US59-1456778
6,500 SF 0.19 ac lot Built 1998
Last sale Jun 2015 · $1,490,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a renovated commercial building located along Main Street in Fort Lee, New Jersey. It has been updated to accommodate neighborhood-serving business uses, with configuration and improvements suited to retail, restaurant, or professional office applications. The building is presented as a multi-space commercial structure rather than a single tenant unit, offering flexibility for an end user to integrate the renovated improvements into an operating plan.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$1.07M
Assessed land$572k
Assessed improvement$501k
Effective rate2.48%

Value estimate

· Oct 2026
$1.13M
$1.02M – $1.24M
CAP approach$1.40M

Realmo valuation models over county records and 71 qualifying comparable sales.

Recently sold

What actually traded nearby?
$455/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$336 – $571
Qualifying comparables71

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1B
JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.7
Daycare Center10.4
Florist9.6

Location

89 Main St Fort Lee, NJ 07024-6939
County assessor Recorded deeds · 5 transfers 71 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1622 Parker, Fort Lee, NJ 07024-6927 $4,200,000 Oct 2025 9,800 SF
308 Main, Fort Lee, NJ 07024-4717 $4,500,000 Feb 2025 8,143 SF
175 Brg N, Fort Lee, NJ 07024-7575 $2,620,000 Oct 2024 4,996 SF
308 Tom Hunter, Fort Lee, NJ 07024-5320 $1,550,000 Apr 2024 4,845 SF
1205 Anderson, Fort Lee, NJ 07024-1729 $1,400,000 Oct 2023 3,842 SF
1601 Palisade, Fort Lee, NJ 07024-6931 $2,825,000 Jun 2023 6,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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