4 months on rocket

1025 Palisade Ave, Fort Lee, NJ, 07024

$1,800,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths, 1 Partial
House
Schools Nearby

Location

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1025 Palisade Ave, Fort Lee$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, O/See Remk
HeatingNatural Gas, Hot Water
CoolingGas
BasementYes
WaterfrontNone
Fireplace2 Fireplaces
ViewOther, City
MLS #23037044
StatusActive
(ACTIVE)

About 1025 Palisade Ave

Discover a prime investment in the heart of Fort Lee, where this mixed-use approved property awaits your vision. Situated in a coveted location surrounded by varied professional uses, this Manor Style Center Hall Colonial home offers a unique opportunity for creative professionals such as ESQs, CPAs, medical practitioners, insurance professionals, and more. With the potential for a variance, the possibilities are vast! Nestled in the most desirable section of Fort Lee, this property boasts convenience and prestige. Enjoy the luxury of a rare 100x185 lot, professionally landscaped for aesthetic beauty. Eight well-appointed bedrooms provide flexibility for various uses. A formal living room, formal dining room, and family room all feature fireplaces, creating inviting spaces for both business and leisure. A detached 2-car garage and outdoor parking for 8+ vehicles provide ample space for staff and clients. This property is a must-see for investors seeking a unique opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial

Listing Office:

  • Office Name: RE/MAX Signature Homes
  • Listing Agent: Edward An

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 2 Fireplaces

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other, City
  • Exterior: Mason/stucco, Zoned Professional Office Use

Parking Information:

  • Attached Garage: No
  • Parking: Detached, O/See Remk

Virtual/3D Tour

  • Virtual Tour: 1025 Palisade Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Fort Lee High School, Public District Grades 9-12
  • Lewis F. Cole Middle School, Public District Grades 7-8
  • School #4, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $19,690
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Lee, NJ.

Med. List Price

$499K

Med. Price/SqFt

$497

Avg. Days On Market

85

# of Sold Homes

2

1025 Palisade Ave vs Fort Lee

143 DAYS ON ROCKET

+58 Days

$1,800,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median List Price in Fort Lee, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23037044

Listing Office:

  • Office Name: RE/MAX Signature Homes
  • Listing Agent: Edward An

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 26, 2007Home Sold
$999,900

Tax History

YEARPROP. TAXASSESSMENT
2020$19,690$836,800
2019$19,229$836,800
2018$19,012$836,800
2017$18,861$836,800

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3621805
7
/10
  • School #4

  • 1193 Anderson Ave

  • 0.50 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3621806
7
/10
  • Lewis F. Cole Middle School

  • 467 Stillwell Ave

  • 1.20 miles

  • Public District Grades 7-8

High School

school-card-donut-3621807
6
/10
  • Fort Lee High School

  • 3000 Lemoine Ave

  • 1.97 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,667. The majority of Fort Lee, NJ residents have income between $100k-200k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1025 Palisade Ave

What is the listing price of this property?

The listing price of 1025 Palisade Ave property is $1,800,000.

What type of property is this?

The property 1025 Palisade Ave is a house located in Fort Lee, New Jersey, 07024.

Is this property for sale now?

Active Listing: 1025 Palisade Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1025 Palisade Ave are:
School #4: GreatSchools Rating 7/10
Lewis F. Cole Middle School: GreatSchools Rating 7/10
Fort Lee High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $19,690 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 26, 2007 for $999,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1025 Palisade Ave has 8 bedrooms and 6 full and 1 half bathrooms.

Rocket HomesNew JerseyBergen CountyFort Lee070241025 Palisade Ave

This home is located at 1025 Palisade Ave in Fort Lee, NJ and zip code 07024. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $1,800,000.

The inventory of homes for sale in Fort Lee, NJ between February 2024 and March 2024 increased by 55.4%. Listings spent 85 days on the market in March 2024, and had a median list price of $499,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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