Why Live in Fort Lee
Fort Lee, NJ, is a city where history and modern developments blend seamlessly on the rocky Hudson Palisades. Home to 40,000 residents, Fort Lee overlooks the Hudson River and is steeped in Revolutionary War history, with the George Washington Bridge connecting it to New York City. The city has evolved into a diverse community with a mix of wealthy and blue-collar areas, and it has become a hub for East Asian immigrants. High-rise buildings and Korean-style restaurants, cafes, and karaoke bars contribute to the local economy, with health care being a leading industry. The Barrymore Film Center, opened in 2022, offers regular film screenings and exhibits, adding to the cultural landscape. Housing options are varied, including modern duplexes, colonial-influenced homes, split-levels, and co-op complexes. The highly ranked Fort Lee Public School District and Christ the Teacher Academy attract families seeking quality education. Transportation is convenient with the George Washington Bridge, Edgewater Ferry Landing, and NJ Transit services. Outdoor attractions include Hudson Park with hiking trails and Ross Dock Picnic Area, known for its scenic river views. Dining options are plentiful, with a focus on Japanese and Korean cuisine, and the Hudson Lights development offers a new area for restaurants and retail. Despite a slight increase in property crimes, Fort Lee remains safer than the national average. The city experiences humid summers and snowy winters, with February averaging about 7 inches of snow.
Frequently Asked Questions
What is the average home price in Fort Lee, NJ?
Homes for sale in Fort Lee, NJ have an average home price of $662,457.
How many homes have sold over the last 12 months in Fort Lee, NJ?
648 homes have sold in Fort Lee, NJ over the last 12 months.
What are the most popular zip codes in Fort Lee, NJ?
How much do you need to make to afford a house in Fort Lee?
The median home price in Fort Lee is $429,000. If you put a 20% down payment of $85,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in Fort Lee.
How are the schools in Fort Lee, NJ?
Home Trends in Fort Lee, NJ
On average, homes in Fort Lee, NJ sell after 57 days on the market compared to the national average of 50 days. The median sale price for homes in Fort Lee, NJ over the last 12 months is $420,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$420,000
Median Single Family Sale Price
$950,000
Median Townhouse Sale Price
$1,260,000
Median 2 Bedroom Sale Price
$410,000
Median 1 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$408
Number of Homes for Sale
151
Last 12 months Home Sales
648
Median List Price
$429,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%