216 PALISADE AVE

$4,500,000

216 PALISADE AVE

Description

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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Location

216 PALISADE AVE, JC, Journal Square, NJ 07306

Status

For Sale

Minni Chalana

TITLE

REALTOR®

PHONE

(212) 844-9393

[email protected]

CONTACT AGENT

Property Amenities

Area & Lot

MLS® ID 240021623

Type Land

Status For Sale

Finance

Sales Price $4,500,000

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$4,500,000

216 PALISADE AVE

Description

Share Property

Location

Status

Minni Chalana

Property Amenities

Area & Lot

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

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