240 Columbia Ave
7 Unit Apartment Building $7,500,000 ($1,071,429/Unit) Fort Lee, NJ 07024
EXECUTIVE SUMMARY
This brand new construction multi-family building offers seven modern units, a mix of triplex and duplex residences, each 2,500 sq. ft. with 3 bedrooms, 3 bathrooms, and private balconies. Designed for comfort and style, these spacious units feature high-end finishes and open layouts with high ceilings. The property includes 15 parking spaces, with one handicap spot, ensuring convenience. Located in a highly desirable area, it provides easy access to NYC and major highways, making it ideal for commuters. A rare investment opportunity in a prime Fort Lee location! Text George Marogi for additional information (201) 694-9054
PROPERTY FACTS
| Price | $7,500,000 |
| Price Per Unit | $1,071,429 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Construction Status | Under Construction |
| Building Size | 29,675 SF |
| No. Stories | 4 |
| Year Built | 2025 |
| Parking Ratio | 0.51/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 of 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 19-00552-0000-00023 | Improvements Assessment | $0 |
| Land Assessment | $414,800 | Total Assessment | $414,800 |
ZONING
| Zoning Code | R6 |
