1079 Palisade Ave Fort Lee, NJ 07024
Estimated payment $25,838/month
About This Home
For Sale: Mixed-Use New Construction Building with Elevator- Welcome to this exceptional mixed-use property located on Palisade Avenue, Fort Lee, NJ, a burgeoning hub with unparalleled potential. This newly constructed, free-standing, modern building spans 3- stories and a finished basement with 15 parking spots, offering office space to accommodate various business and residential needs. -- First & Second Floors: Office space: Each level is thoughtfully configured for office use. 1st Fl (1,788 sq/ft), 2nd Fl (2,881 sq/ft) and ,Ground Fl (1,788 sq/ft) flexible space per floor. The open layout allows for customized office setups. -- Third Floors: 2 APTs (apx:1,178/1,100 sq/ft) 2bd/2bth. This building features two spacious, modern 2-bedroom apartments. Each will be comfortable and stylish, with contemporary finishes and open-plan living areas. It is perfect for attracting long-term tenants or providing desirable living quarters.
Property Details
Property Type
- Other
Est. Annual Taxes
- $20,960
Home Design
- New Construction
- Flat Roof Shape
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,960 | $804,000 | $504,000 | $300,000 |
| 2024 | $19,891 | $804,000 | $504,000 | $300,000 |
| 2023 | $17,063 | $804,000 | $504,000 | $300,000 |
| 2022 | $17,063 | $687,200 | $403,200 | $284,000 |
| 2021 | $16,713 | $687,200 | $403,200 | $284,000 |
| 2020 | $16,555 | $687,200 | $403,200 | $284,000 |
| 2019 | $16,170 | $687,200 | $403,200 | $284,000 |
| 2018 | $15,792 | $687,200 | $403,200 | $284,000 |
| 2017 | $15,613 | $687,200 | $403,200 | $284,000 |
| 2016 | $15,489 | $687,200 | $403,200 | $284,000 |
| 2015 | $15,132 | $687,200 | $403,200 | $284,000 |
| 2014 | $14,850 | $687,200 | $403,200 | $284,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $4,400,000 | -2.2% | -- |
| 08/27/2024 08/27/24 | For Sale | $4,500,000 | +243.5% | -- |
| 12/15/2021 12/15/21 | Sold | $1,310,000 | -6.4% | -- |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | Price Changed | $1,399,999 | -3.4% | -- |
| 05/20/2021 05/20/21 | Price Changed | $1,449,999 | +16.0% | -- |
| 05/20/2021 05/20/21 | For Sale | $1,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,310,000 | Fidelity National Title | |
| Deed | $850,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,650,000 | Construction | |
| Closed | $800,000 | New Conventional | |
| Closed | $845,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan |
Source: New Jersey MLS
MLS Number: 24027619
APN: 19-00853-0000-00004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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