216 Palisade Ave

Jersey City NJ 07306

6640 sq. ft.

Land

Currently for sale - view listing

Overview

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.

Features

6640 sq. ft. lot size

Land

Property history for 216 Palisade Ave

2018

Sold

$1,400,000

19 Nov 2018

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