Property

Jersey City, NJ 07306 216 Palisade Ave

216 Palisade Ave Jersey City, NJ - Image 1216 Palisade Ave Jersey City, NJ - Image 2216 Palisade Ave Jersey City, NJ - Image 3
Presented By: EXP REALTY LLC - 866-201-6210
  • MLS# 240021623
  • 11/05/2024
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Home Details

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.
Presented By: EXP REALTY LLC - 866-201-6210

General for 216 Palisade Ave

AreaJC, Journal Square
Associated Document Count1
Block6001
CityJC, Journal Square
ClassVACANT LAND
CountyHudson
DOM127
Lot Sqft6640
Postal Code07306
Primary CityJersey City
Sale/RentFor Sale
SectionHeights
StatusActive
StatusACTIVE
Status Detail0
SubdivisionNJ
TypeVacant Land
ZoningMedical District

Exterior for 216 Palisade Ave

Lot8
Lot Dimensions60.4X110

Additional Details

Price History

Antonio Freitas

Associate
Price $4,500,000
MLS#240021623
List Date 11/05/2024
Property Type Land
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