Rent to own Homes in Fort Lee, NJ
Fort Lee, NJ is right at the foot of the George Washington Bridge, so it offers easy access to the heart of New York City. You can get into midtown Manhattan in about 15 minutes by car! It's a fantastic community if you love the city, but prefer the beauty and pace of life in the suburbs. Plus, you get to take advantage of the wonderful shopping and dining provided by local merchants in this charming, historic town!
Fort Lee, NJ is a great place for affordable rent-to-own homes! With a median household income of over $88,457 and a median rent of $1,909, the Fort Lee, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Fort Lee, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Fort Lee, NJ Property Resources
Rent to own Homes in Cities Near Fort Lee, NJ
- Airmont
- Atlantic Beach
- Bardonia
- Bellerose Terrace
- Bogota
- Carteret
- Cedarhurst
- Chestnut Ridge
- Congers
- East Garden City
- East Rockaway
- Elizabeth
- Flower Hill
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Harrison
- Herricks
- Hewlett Harbor
- Hillcrest
- Kearny
- Lake Success
- Lawrence
- Locust Valley
- Malverne
- Manhasset Hills
- Nanuet
- New Square
- North Caldwell
- North Haledon
- North Lynbrook
- Orangeburg
- Paterson
- Pearl River
- Piermont
- Port Reading
- Preakness
- Roslyn Heights
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Spring Valley
- Tappan
- Thomaston
- Wesley Hills
- Westwood
- William Paterson University Of New Jersey
- Williston Park
- Wyckoff
Neighborhoods in Fort Lee, NJ
Kensington rent to own homes Fort Lee rent to own homes Coytesville rent to own homesPopular Zip Codes in Fort Lee, NJ
07024 rent to own homesBuying a Home in Fort Lee, NJ
Fort Lee, NJ is seeing rapid growth and Fort Lee, NJ's' housing market remains not optimal with an average home price that is 60% above the 2024 national average. Fort Lee, NJ is part of Bergen county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Bergen is 1.76% which is above the national average, which is 0.99%.
Median Home Price in Fort Lee, NJ
Median Rent in Fort Lee, NJ
Top 5 Reasons to Live in Fort Lee, NJ
Paradise for shopping lovers! If you like to shop, you'll love living in Fort Lee. The area has a plethora of excellent places to buy shoes, groceries, and more. Locals love the Fort Lee Towne Shopping Center and Washington Bridge Plaza.
Plenty of outdoor opportunities! Fort Lee is home to several outstanding parks. One of the best is William Birch Park, which has a playground, wading pool, and sports facilities. Another nice park in town is Firemen's Park, which has shady park benches and is a great place for a picnic. History buffs will love Fort Lee Historic Park. It's a former battle location from the American Revolution, and it has a museum onsite.
Plenty of available housing options! Fort Lee offers residents a wide variety of housing options, so people with a variety of needs from buying outright or renting can call it home. About 56% of homes in the area are rented, so it's a good option for anyone looking to rent to own. Want some green space near your Fort Lee residence? Consider looking for a house near Coytesville Park or General Van Fleet Park.
Tons of affordable housing! Fort Lee is a popular destination to live because it offers more affordable property options than the big giant city across the Hudson River. The average rent for a studio in town is about $1,132 dollars, while the average one bedroom goes for $1,223 and the average two bedroom for $1,450. Residents of Fort Lee who have family or friends coming to visit them will also have options for where they can stay. The town is home to several hotels, including the DoubleTree by Hilton Fort Lee-George Washington Bridge or the Skyview Motel, which offers guests affordable rooms and free breakfast.
Eat your heart out, food lovers! The dining scene in Fort Lee is particularly stellar, and people that live in the neighborhood have a great selection of places to eat. In Napoli is a great, local, classic Italian restaurant, while The River Palm Terrace is an upscale dining destination for fancy nights out.