The Plaza

1500 Palisade Avenue

Fort Lee, NJ 07024
co-op
applications

property contacts

confirm to continue

additional resources

building policies

general policies

Pets Not Allowed
Guarantors Not Allowed
In Unit Washers/Dryers Allowed
Smoking Allowed
Subletting Not Allowed
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Not Allowed
Secondary Residence Allowed
Co-Purchasing Not Allowed
Parents Buying for Employed Child(ren) Not Allowed
Parents Buying for Student Child(ren) Not Allowed
Corporate Purchase/Lease Not Allowed
Diplomat Purchase/Lease Not Allowed

financing policies

Max Financing as %
49% of purchase price

insurance requirements

Homeowner's Insurance Required
Minimum of $500,000 for Personal Liability
Renter's Insurance Not Required
health and safety policies

common area protocol

Staff Receives Covid-19 Testing
Regularly Scheduled Cleaning and Disinfecting

guest policies

apartment showing policies

Virtual Board Interviews
amenities

special amenities

Tennis Court
Community Room
only 3 apartments on each floor
Heated Swimming Pool
service elevators on each side of the lobby that go directly to the main garage level

outdoor spaces

Each apartment has a private terrace, some of which have been bumped out to include more indoor living spaces
outdoor mezzanine

parking

Up to four indoor parking spaces allowed
Secured designated inside garage parking spaces can be rented for an additional $125 per month and added to the monthly maintenance invoice
There is also an outdoor lot for guest parking that is free during the day with a fee of $10 for overnight guests
Six electric vehicle (EV) charging stations conveniently located on the premises, available exclusively for Shareholders.

on site services

24 Hour Doorman and Garage Security Officer
Live-In Superintendent, Assistant Superintendent and Property Manager

building type

Luxury Co-op
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Application Fee Submission $650
Buyer Processing Fee Submission $350
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale
Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration
Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)
All property information and documentation provided by property management.
10/31/25
Total Fees: 17