107 Old Palisade Rd, Fort Lee, NJ, 07024
107 Old Palisade Rd
Fort Lee, NJ 07024
Highlights
- Zoned R7-A
- Located approx. 1/4 of a mile away from the George Washington
- Bridge
- Vacant Lot - Obtain Approvals and Build with No Demolition Cost
- Across the River from NYC - Perfect Location for Expanding into NJ
- Walking distance to Fort Lee's newly developed downtown district
Description
107 Old Palisade Avenue, Fort Lee presents a rare, as-of-right multifamily development opportunity in one of Bergen County’s most strategic locations. The 100’ x 62’ vacant parcel offers a true clean slate; no demolition costs and immediate path to execution. Zoned R7-A, the property permits mid- to high-density residential construction, with the potential to develop 10+ units across 3–4 stories, subject to final architectural plans.
Located approximately one-quarter mile from the George Washington Bridge, the site delivers exceptional connectivity to Manhattan and all major highways, an enduring driver of both rental and condominium demand.
Offered at $999,000, this is a compelling opportunity to build in a proven, commuter-driven market with strong absorption fundamentals.
For developers seeking greater scale, the property can be assembled with the adjacent 45 Main Street, creating a combined footprint capable of supporting approximately 30–40 units, materially enhancing project density, efficiency, and overall value.
Discover the vibrant location of the property, nestled in the heart of Fort Lee, NJ. This thriving area offers a seamless blend of business and leisure opportunities. Investors will appreciate the close proximity to major corporations and financial institutions, creating an ideal environment for office or commercial development. Surrounding the property, an array of dining, shopping, and entertainment options awaits, providing a dynamic experience for employees and visitors alike. With convenient access to local parks and stunning views of the Hudson River, Fort Lee promises a desirable setting for businesses seeking an attractive investment opportunity.
