425 Summit Ave, Jersey City
Commercial · 390 units · built 2024 · Block 10704, Lot 2.01.
Building permits
- Alteration — Multi-Family, filed Apr 14, 2023, estimated cost $3K
- Alteration — Multi-Family, filed Mar 24, 2023, estimated cost $9K
- Alteration — Multi-Family, filed Oct 28, 2022, estimated cost $21K
- Major renovation — Residential, filed Jun 30, 2022, estimated cost $1.6M
- New — Multi-Family, filed Apr 8, 2022, estimated cost $57.0M, 349 units
- New — Multi-Family, filed Apr 8, 2022, estimated cost $3.4M
- Alteration — Commercial, filed Mar 30, 2022, estimated cost $20K
- Alteration — Multi-Family, filed Jan 6, 2022, estimated cost $3K
- New — Multi-Family, filed Oct 14, 2021, estimated cost $1.8M, 386 units
Property taxes
- Assessment
- $118,404,300
- Last year’s tax
- $2,294,796
- Land value
- $21,547,300
- Improvement value
- $96,857,000
In the news
390-Unit Journal Square Tower Secures $109.5 Million Financing, Jersey Digs, Aug 20, 2026.