Residential Land for Sale in Jersey City, New Jersey

216 Palisade Ave Jersey City, NJ 07306

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$4,500,000
0.15 acres
Active sale agoEst $38,794/mo

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.

Location

Street Address
216 Palisade Ave
Elevation
115 feet
Coordinates
40.7361, -74.0492

Property details

Zoning
Medical District
MLS Number
HCMLS 240021623
Date Posted

Parcels

  • 0906_6001_8

This 0.15-acre property is located at 216 Palisade Ave in Jersey City, NJ 07306 with latitude 40.7361 and longitude -74.0492. The property is currently available for sale for $4,500,000 with a price per acre of $29,411,765. Listing data is sourced from Hudson County Multiple Listing Service # 240021623.

Verify sale details at the property source or contact eXp Realty - Montclair at (866) 201-6210.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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