Condo For Sale in Fort Lee, NJ

MLS# : 26004034

Street : 200 Old Palisade Road 12H
Price : $740,000
Town : Fort Lee, NJ 07024
Annual Taxes : $11,330
Monthly Maintenance : $1,210

PROPERTY DETAILS

Bedrooms : 2
Full Baths : 2
Half Baths : 0
Garage : Attached, Deeded Parking Incl, Gar Opener, Guest Parking, Val Pkg Only
Building Type : High-rise
Year Built : 1980's
Building/Complex : River Ridge
Pets? : Pets Conditional
Laundry : Coin/Card,Floor
View/Exp : North

PROPERTY DESCRIPTION

Presenting Residence 12H, a premium corner unit at River Ridge that offers a compelling dual-value proposition: stable near-term income combined with significant long-term appreciation potential. The property benefits from an existing lease providing reliable rental income through June 30, 2027. This is an ideal turnkey asset for investors seeking immediate cash flow, with future value-add potential through customization. The monthly HOA fee includes one deeded covered parking space, hot and cold water, gas heating, cable & internet, a private storage bin, and full access to premier amenities. This 1,554-square-foot residence is designed for luxury and versatility. It features an open layout with an enclosed solarium/den perfect for a home office or private retreat and is bathed in light from views of the Hudson River, George Washington Bridge, and iconic sunsets. Residents enjoy the pinnacle of full-service, high-rise living, including 24/7 concierge and doorman services, a state-of-the-art fitness center with a sauna, and a resort-style outdoor pool and BBQ entertainment area. Seize this rare opportunity to acquire a high-value asset in one of Fort Lee's most coveted luxury buildings. Residence 12H represents a smart investment in both lifestyle and financial growth. Per the current tenant's request, weekend showing is not available.

Amenities

  • 24hr Sec
  • Doorman
  • Elevator
  • Exercise Rm
  • F/T Handyman
  • Health Clb
  • On Site Mgn
  • Pool Outdoor
  • Recycling
  • Sauna
  • Super 24hrs
  • Valet
Appliances Included :

Dishwasher, Microwave, Ov/Rg/Gas, Refrigerator

Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp

This listing is a courtesy of Hyst Realty Group, LLC
201-482-8848 office, listing agent Yoomi Nam

About Fort Lee, NJ Real Estate Market

Once the capital of the American movie industry at the turn of the 20th century, the Borough of Fort Lee, today has become a favorite place for individual residents and international trade businesses seeking convenience and ease for NYC commute. The Borough’s vibrant economy has allowed for many upscale developments and infrastructure projects including the famous George Washington Bridge connecting New Jersey with Manhattan.

It is a great place to live and work with many restaurants, shops and options for a convenient lifestyle.
Population:  39,642
Total Housing Units:  17,315
Single Family Homes:  5,230
General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
Compare To Other Towns

Fort Lee Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,127,542
Homes Sold* (12mo):  59
PRICE INDEX
SINGLE FAMILY HOME SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $646,534
Apatments Sold* (12mo):  262
PRICE INDEX
APARTMENT SALES

Fort Lee, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.474%
Effective Tax Rate (2023):  1.810%
GENRAL TAX RATE - Fort Lee, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Real estate inventory
Fort Lee
Homes : $899,000 - 4,499,999 5
Condos : $295,000 - 2,888,000 43
Co-ops : $1,350 - 950,000 80
Twnhs : $880,000 - 1,699,000 5
2-4 Fam : $1,750,000 - 1,800,000 2
5+ Fam : -
Land : $399,000 - 3,000,888 3
Rentals : $1,350 - 13,500 154
Mixd Use : $1,650,000 - 4,400,000 2
Com S : -
Com L : -
Biz : $148,000 - 888,000 7


Similar Listings in Fort Lee

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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 02/09/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com