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1079 Palisade Ave 9,022 SF 48% Leased Office Building Fort Lee, NJ 07024 $4,400,000 ($487.70/SF)
Investment Highlights
- Mixed-Use New Construction Building with Elevator
Executive Summary
For Sale / Lease: 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), Full Basement (1,788 sq/ft) and, 2nf floor (2,881 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.
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), Full Basement (1,788 sq/ft) and, 2nf floor (2,881 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 Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,022 SF
Building Class
B
Year Built
2026
Price
$4,400,000
Price Per SF
$487.70
Percent Leased
48%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,881 SF
Building FAR
0.91
Lot Size
0.23 AC
Zoning
R-1 - Residential One-Family District
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
New, Quiet, Contemporary Office Space available! - Newly constructed office space on Palisade Ave. - 1F: 1,788 sq/ft in the 1-floor fl plus, full-size finished basement. - 2F: $6,722/M, 2,881 sq/ft - Conveniently close to transportation hubs. - Elevator-equipped building. - Total 15 Parking spaces in the building.
- 2nd Floor
- 2,881 SF
- Office
- -
- Jul 2026
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,788 SF | Office | - | Jul 2026 |
| 2nd Floor | 2,881 SF | Office | - | Jul 2026 |
1st Floor
| Size |
| 1,788 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Jul 2026 |
2nd Floor
| Size |
| 2,881 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Jul 2026 |
1st Floor
| Size | 1,788 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Jul 2026 |
New, Quiet, Contemporary Office Space available! - Newly constructed office space on Palisade Ave. - 1F: 1,788 sq/ft in the 1-floor fl plus, full-size finished basement. - 2F: $6,722/M, 2,881 sq/ft - Conveniently close to transportation hubs. - Elevator-equipped building. - Total 15 Parking spaces in the building.
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 19-00853-0000-00004 | Improvements Assessment | $300,000 |
| Land Assessment | $504,000 | Total Assessment | $804,000 |
Property Taxes
Parcel Number
19-00853-0000-00004
Land Assessment
$504,000
Improvements Assessment
$300,000
Total Assessment
$804,000
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1079 Palisade Ave