Need clarification to run ACF & Lucee in parallel on same server

We are planning to migrate from Adobe ColdFusion 2018(with Azul Java version installed) to Lucee on windows, Can we run both instances ACF & lucee in parallel on same server?
Or is there anything that we need to taken into consideration while installing Lucee?
Thanks in Advance!!!

other Details:
OS: Windows 10
Lucee version: 5.3.8
Azul Java : 11.0.12

You can install both with different ports. You need to adjust your webserver which instance it should use or you have to access it directly without your webserver.

Thank you!!!