1079 Palisade Ave, Fort Lee, NJ, 07024
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.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Materials
- Roof: Flat
Type & Style
- Home type: Apartment
- Property subType: Mixed Use
Property
Details
- Parcel number: 1900853000000004
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,754 | $273,048 |
| Home Insurance * | $845 | $10,140 |
| Property Taxes | $7,087 | $85,044 |
| Electricity | $193 | $2,318 |
| Total | $30,879 | $370,548 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-06-04 | Price change | $4,400,000 |
| 2024-08-27 | Listed for sale | $4,500,000 |
| 2021-12-22 | Contingent | $1,399,999 |
| 2021-12-22 | Listed for sale | $1,399,999 |
| 2021-12-15 | Sold | $1,310,000 |
| 2021-12-08 | Contingent | $1,399,999 |
| 2021-07-21 | Price change | $1,399,999 |
| 2021-05-21 | Listed for sale | $1,449,999 |
| 2021-04-28 | Listing removed | -- |
| 2021-01-04 | Price change | $1,250,000 |
| 2020-11-05 | Price change | $1,299,995 |
| 2020-09-07 | Price change | $1,399,995 |
| 2019-11-20 | Listed for sale | $1,500,000 |
| 2018-12-13 | Sold | $850,000 |
| 2018-05-25 | Listing removed | $950,000 |
| 2018-03-31 | Listed for sale | $950,000 |
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