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200 Old Palisade Rd #Penthouse 4/5, Fort Lee, NJ, 07024

4beds
4baths
4,324sqft
$1,690,000
$391price/sqft
$11,999/moest. monthly cost
$479,960/yrincome needed

About This Home

Perched atop the Fort Lee skyline, this 4 bedroom, 3.5 bath Penthouse is the jewel of luxury living boasting outrageous wraparound views of both New York and New Jersey, that stretch as far as the eye can see. Wake up to the panoramic view of the NYC skyline, the Ramapo Mountains and everything in-between. Inside, you'll find cozy elegance and sleek-designed living spaces; cherry-wood floors and pocket doors. Chef's kitchen and loads of space to entertain. The Primary suite is like a private retreat with a spa-like bath and two oversized walk-in closets. And, yes, there are two guest suites with full baths for family and friends that would like to stay over. There's another bedroom and even extra space for a den or office. Lots of storage space throughout and even a separate entry from the main living space. Three fireplaces and more. All the amenities are included: 24 Hr Doorman, separate Bbq lounge areas, Jacuzzi, gym and outdoor pool and 4 indoor parking spaces! All at River Ridge.

Getting Around

84
WalkingVery Walkable
57
TransitGood Transit
51
BikeBikeable

Schools

8/10
School No. 1Grades K-40.3 mi
8/10
6/10
Fort Lee High SchoolGrades 9-120.7 mi

Construction

Materials

  • Construction materials: See Remarks

Type & Style

  • Home type: Condo
  • Architectural style: Multi Level
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Other,Microwave,Refrigerator,Washer/Dryer,Gas Oven

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Terrace,Fireplace,1 Other Room
  • Flooring: Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Heat Pump,See Remarks
  • Cooling features: Central Air,Heat Pump,Other

Interior Area

  • Total structure area: 4,324
  • Total interior livable area: 4,324 sqft

Property

Parking

  • Parking features: 3+ Cars,Covered,Garage,See Remarks
  • Has garage: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $8,545$102,540
Home Insurance *$317$3,804
Property Taxes $2,661$31,932
Electricity $476$5,719
Total$11,999$143,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$411,394/yr
40% on housing$359,970/yr
45% on housing$319,973/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$391This listing

vs Other Active Listings

Avg $/sqft

ZIP 07024$504
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07024$515
Bergen County$452

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)

No zestimate history available

Price History

DateEventPrice
2026-04-10Price change$1,690,000
2025-10-06Price change$1,890,000
2025-09-04Price change$2,125,000
2025-06-19Listed for sale$2,275,000

For Sale by Agent

AgentROBERT A RUSSO
BrokerageRUSSO REAL ESTATE

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