1530 Palisade Ave Unit 27D, Fort Lee, NJ 07024

This one-bedroom residence at 1530 Palisade Ave Unit 27D in Fort Lee, NJ, offers an updated living space with an additional alcove suitable for dining or a study. The unit features a new refrigerator and microwave, enhancing the kitchen's functionality. Recent updates include new windows and window trims, contributing to the property's modern appeal. For convenience, an in-unit washer and dryer are provided, eliminating the need for shared laundry facilities.

Residents can enjoy the amenities of a full-service building, including indoor and outdoor swimming pools, a fitness center, a social room, and a theater. The property boasts on-site parking, and residents can experience breathtaking skyline views. The unit is equipped with central air conditioning and oil-powered heating for climate control. The property is a stock cooperative, offering a unique ownership structure within The Colony building.

The property includes an attached garage for parking. Monthly fees associated with ownership include an association fee of $1,607.58, a cable TV fee of $80, and a capital assessment of $126.25. A monthly parking fee of $120 per car is also applicable, as on-street parking is not permitted by the town. Prospective buyers should note that four months of working capital, covering the capital assessment, association, and cable fees, are due at closing. These fees are non-refundable.

Ownership is subject to board approval, with specific financial requirements including a 4:1 income-to-debt ratio and 18 months of capital reserves. The unit features one full bathroom and one half-bathroom. The building is equipped with an elevator for easy access. This residence faces west, offering potential for evening light. The property is located in Bergen County.

The monthly association fee totals $1,813, encompassing various building services and amenities. The property is listed for sale in Fort Lee, NJ, with the postal code 07024. This cooperative unit provides access to a range of community features, including a pool. The building itself is known as The Colony.