215 Main Street, Fort Lee, NJ, 07024 — Photo 11 / 13
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$4,790,000

215 Main Street, Fort Lee, NJ, 07024

MLS# 26010209

Active214d on market

1930

Year Built

Commercial — Retail

Property Type

Description

Well-maintained, free-standing commercial building for sale! This is a great investment opportunity.100% leased. 6 tenants: 3 retail and restaurant. This is a fantastic investment opportunity, as the property is 100% leased with six tenants: three retail and restaurant businesses and two office spaces. A new roof was installed in 2023, and the air conditioners were replaced recently. The property generates a net operating income (NOI) of $228,154 per year, with an average annual increase of 3% to 4%. Located in the central business district, this building benefits from a prime location. At the rear of the property, there is a newly constructed municipal parking facility and park. High-rise luxury residential rental buildings, a variety of restaurants and cafes, a theater, and a large shopping mall also surround the area.

Tax & Financial Information

Annual Property Taxes$34,991 (NJ Public Records)
Tax Assessment$1,342,200
Land Assessment$720,000
ListedMarch 26, 2026

Listing Information

Listing Office: Alpine MC Realty LLC — 201-429-2999

Listing Agent: Woo Choi — 201-665-3114 — michellechoialpine@gmail.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 3/27/2026.

Total Monthly Cost

$33,758/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$24,854
Property Taxes$2,916
Homeowner Insurance$1,996
Est. Maintenance$3,992
Total$33,758

Down: $958,000 | Loan: $3,832,000

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

Commute From This Home

Fort Lee

🚂
Transit to NYC Penn

NJ Transit Bus 154/156

25 min
🚗
Drive to NYC (Midtown)
20 min
🚂
Transit to Hoboken
15 min
🚗
Drive to Hoboken/JC
12 min
🚗
Drive to Newark
22 min
🚉

GWB Bus Station

~0.5 mi from town center

Monthly Pass(Zone 2)$130/mo

Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.

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