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.