For Sale

Listed by Minni Chalana

Source: Greater Greenville Association of Realtors #240021623

216 Palisade Ave, Jersey City, NJ, 07306

$4,500,000

6640 sq. ft.

Land

30+ days on the market

What's around 216 Palisade Ave

About this property

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.

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