Fri. Sep 29th, 2023
    The Most Expensive Residential Real Estate Sales in Fort Lee

    Between August 14 and September 3, a house in Fort Lee sold for a whopping $900,000, making it the highest-priced residential real estate sale in the area during this period. This sale tops the list of 12 recorded residential real estate sales in Fort Lee, with an average price of $513,583.

    The average price per square foot for these properties was $366, indicating the luxury and desirability of the homes sold. It’s worth noting that the recorded prices are based on the date when the title was officially recorded, which means the properties may have been sold earlier.

    Fort Lee, a borough in Bergen County, New Jersey, is known for its prime location just across the Hudson River from Upper Manhattan. Its proximity to the bustling city of New York, coupled with its picturesque views of the Manhattan skyline, makes it an attractive place to live for many.

    The house that fetched the highest sale price undoubtedly comes with numerous sought-after features and amenities, contributing to its substantial value. However, specific details about the property, including its location, size, and unique selling points, were not provided in the source article.

    Fort Lee has a diverse real estate market, catering to various housing preferences and budgets. While the top sale price mentioned here may seem extravagant, it is essential to consider the range of properties available in the area that cater to different price points.

    The source article did not provide any specific sources for the information provided.

    1. Residential real estate sales: Refers to the buying and selling of properties meant for residential purposes, such as houses, apartments, or condominiums.
    2. Average price: The sum of all prices divided by the number of properties sold, providing a representative value.
    3. Price per square foot: The price of a property divided by its total area, indicating the value attributed to each square foot of living space.

    Sources: Unspecified.