107 Old Palisade Rd - Residential LAND FOR SALE


Fort Lee, NJ 07024 5,001 SF
$895,000 USD
201-917-5884
107 Old Palisade Rd, Fort Lee, NJ for Sale
$895,000 USD
Residential LAND - FOR SALE
1/11
5,001 SF

107 Old Palisade Rd
Fort Lee, NJ 07024


HIGHLIGHTS

  • As-of-right duplex / two-family concept, with zoning that permits two-family detached dwellings, townhouses / row houses, and multifamily residential
  • ±3,625 SF Per Residence — Each home is conceptually planned at 1,375 SF per floor across three floors, less approximately 500 SF for garage space.
  • Proposed side-by-side duplex layout with two luxury residences, each approximately 25’ wide by 55’ deep
  • Conceptual design includes a ground-level garage, two residential floors above, and potential rooftop outdoor living space
  • Rare R7-A zoned development opportunity in Fort Lee’s Mid-Rise Residential Zone
  • Projected Resale Around $1.812M Each — Market comps suggest a finished product of this scale could sell for approximately $1,812,000 per residence.

OVERVIEW

Rare R7-A zoned as-of-right duplex / two-family development opportunity in Fort Lee. The proposed concept includes two side-by-side luxury residences, each approximately 25’ wide by 55’ deep, with a ground-level garage, two residential floors above, and potential rooftop outdoor living space. The property is a 100’ x 62’ vacant parcel with no demolition required, located approximately 0.25 miles from the George Washington Bridge. R7-A zoning permits two-family detached dwellings, townhouses / row houses, and multifamily residential uses, subject to final architectural plans, bulk requirements, parking compliance, and municipal review.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/ACRE

$7,796,167/AC

PRICE/SF

$179 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Luxury Duplex As-of-Right Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.11 AC

LAND SF

5,001 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R7-A

APN/PARCEL ID

19-04355-0000-00031

ASK ABOUT THIS PROPERTY

Bruce EliaKW Commercial Fort LeeMore Info
201-917-5884

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Bruce EliaKW Commercial Fort LeeMore Info
201-917-5884

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