216 PALISADE AVE
216 PALISADE AVE
216 PALISADE AVE
216 PALISADE AVE
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$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

Minni Chalana

TITLE

REALTOR®

Property Amenities

Area & Lot
MLS® ID 240021623
Type Land
Status For Sale
Finance
Sales Price $4,500,000
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Thank you for your interest in 216 PALISADE AVE, JC, Journal Square, NJ 07306. We are reviewing your request and will be in touch shortly!

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