148 First St, Jersey City
Apartment building · 119 units · built 2014 · Block 11502, Lot 5.03.
Building permits
- Alteration, issued Jun 18, 2024, estimated cost $10K, described as “Electrical subcode & building subcode to install EV chargers”
- Alteration, issued Oct 4, 2017, described as “Renovate office space to convert to coffee shop as per plans”
Property taxes
- Assessment
- $46,551,400
- 2025 tax
- $1,086,975
- Assessed land
- $10,710,000
- Assessed improvements
- $35,841,400
Tax breaks
- PILOT for market-rate housing, ended Aug 31, 2024, $586,674 a year below the full tax.
Zoning
Powerhouse Arts District Redevelopment Plan, Transition Zone.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 9 ft (NAVD88). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Board and land use applications
- 148 First Street: Completed, 119 units, 6 affordable, 13 stories, 2,000 sq ft retail