Commercial space For Sale in Fort Lee, NJ
 

MLS# : 24030198

Street : 89 Main Street
Price : $2,890,000
Town : Fort Lee, NJ 07024
Annual Taxes : $27,970

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Gas
Heat/Cool : Central Air, Gas, O/See Remk
Waterfront : None

PROPERTY DESCRIPTION

This dynamic retail space presents an open concept which is ideal setting for a high-end restaurant. Boasting a recent 2019 renovation, the property sits strategically within a bustling commercial hub, just over a mile from the George Washington Bridge. The vibrant area, intersecting River Road and Main Street, offers a steady flow of foot traffic from nearby office, retail, and residential complexes. This two-story gem features a private 18 car parking garage on a 0.249-acre lot and a modern setup ready for customization, including an oversized terrace with picturesque views of the cityscape. Surrounded by a plethora of dining, office, and shopping options, it provides convenience to major highways and public transportation. The property is an excellent choice for an owner-user looking to establish a presence in the heart of downtown Fort Lee, NJ. Don't miss out on this rare prospect to own a versatile commercial space in a high demand location. Liquor License Available!

Amenities

This listing is a courtesy of Skyline Real Estate Partners
(201) 703-0095 office, listing agent Jonathan B. Cohen

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Fort Lee, NJ Real Estate Market

Once the capital of the American movie industry at the turn of the 20th century, the Borough of Fort Lee, today has become a favorite place for individual residents and international trade businesses seeking convenience and ease for NYC commute. The Borough’s vibrant economy has allowed for many upscale developments and infrastructure projects including the famous George Washington Bridge connecting New Jersey with Manhattan.

It is a great place to live and work with many restaurants, shops and options for a convenient lifestyle.
Population:  39,642
Total Housing Units:  17,315
Single Family Homes:  5,230
General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
Compare To Other Towns

Fort Lee Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,197,833
Homes Sold* (12mo):  70
PRICE INDEX
SINGLE FAMILY HOME SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $554,882
Apatments Sold* (12mo):  259
PRICE INDEX
APARTMENT SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
GENRAL TAX RATE - Fort Lee, NJ



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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/22/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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