# 148 First St, Jersey City

Apartment building · 119 units · built 2014 · Block 11502, Lot 5.03.

On Umarelli: https://umarelli.org/jersey-city/11502/5.03/148-first-st

More construction in Powerhouse: https://umarelli.org/jersey-city/downtown/powerhouse.md

## 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

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology