Active

216 PALISADE AVE

JC, Journal Square NJ, 07306

$4,500,000


Active

Land

Fully approved 10-story senior housing (62 or Older) new development opportunity at 216 Palisade Avenue, Jersey City. Approved plans feature 51 units (6 studios, 43 one-bedroom, 2 three-bedroom), a Resident Gym, Rooftop Deck, and 11-space Parking Garage. Prime location along Palisade Avenue with easy access to retail and public transportation. "No Rent or Condominium Price Restrictions". Government Grants available such as CDBG, HOME and AHTF, by the housing and Urban Development, offering up-to 50% construction costs. Several banks offering low interest construction loans for underserved communities. Approved Land with Resolution, ready for immediate construction financing and development.

240021623

MLS ID

November 5, 2024

Listed

November 22, 2024

Updated

Map

216 PALISADE AVE
JC, Journal Square NJ, 07306

Other Property Details

Area Name

JC, Journal Square


Days on Market

15


Garage

No


View

No


County

Hudson


Pool

No


Zoning

Medical District

Courtesy of EXP REALTY LLC with MINNI CHALANA,
Listing Contact: 866-201-6210 

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Data last updated on 11/22/2024 at 11:00 AM UTC

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