461 Newark Ave, Jersey City
Apartment building · 25 units · built 2019 · Block 10901, Lot 106.
Building permits
- New construction, issued May 24, 2016, 25 units, 5 stories, described as “Footings, foundation, transfer deck and columns for new 5 story building”
- Alteration, issued Aug 30, 2018, described as “Furnish & install one traction elevator”
- Alteration, issued Jul 5, 2017, described as “Removal of (2) 1000 gallon ust's dep case # 17-05-05-1906-20”
- Alteration, issued Dec 16, 2015, described as “Removal of footing and foundation”
- Alteration, issued May 30, 2014
- Alteration — Multi-Family, issued Aug 19, 2013, estimated cost $4K
Property taxes
- Assessment
- $8,284,800
- 2025 tax
- $145,938
- Assessed land
- $1,625,000
- Assessed improvements
- $6,659,800
- Last sale
- $800,000 in 2015
Tax breaks
- PILOT for market-rate housing, ended Aug 31, 2024, $105,686 a year below the full tax.
Zoning
NC-1 (Neighborhood Commercial 1).
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.