# 450 M.L. King Dr, Jersey City

Residence · built 2009 · Block 21301, Lot 1.

On Umarelli: https://umarelli.org/jersey-city/21301/1/450-m-l-king-dr

More construction in Jackson Hill (Bergen-Lafayette): https://umarelli.org/jersey-city/bergen-lafayette/jackson-hill.md

## Building permits

- New construction, issued May 7, 2007, 40 units, 5 stories, described as “New 5 story building 40 dwelling and one unfinished commercial space and community room for outpatients cost of construction: $12,000,000.00”
- Alteration, issued Aug 24, 2026, estimated cost $20K, 4 stories, described as “Furnish and install a curved stair lift in stair tower”
- Alteration, issued Oct 4, 2019, described as “Replace water heater”
- Alteration, issued Jan 10, 2019, described as “Emergency replacement of FACP only with same type of panel”
- Alteration, issued Jan 9, 2018, described as “Connect radio commnicator to existing facp”
- Alteration, issued Apr 13, 2017, described as “Low voltage burglar alarm”
- Alteration, issued Dec 20, 2016, described as “Framing sheet rock new wall to divide space”
- Alteration, issued Sep 14, 2011, described as “Installation of a roof mounted-(27.83-KW)-Solar electric system.”
- Alteration, issued Oct 4, 2010, described as “FIRE: Signalling devices/ horn strobes.”
- Alteration, issued Sep 30, 2008, described as “Furnish and install one hydraulic passenger elevator.”
- Alteration, issued Aug 15, 2008, described as “Erecting a scaffold as per plans to do brick and stucco work”
- Alteration, issued Sep 14, 2007, described as “Installation of 1 traction elevator”

## Property taxes

- Assessment: $8,648,900
- Assessed land: $1,400,000
- Assessed improvements: $7,248,900

## Tax breaks

- PILOT for affordable housing, through Feb 2, 2039, $166,983 a year below the full tax.

## Zoning

Jackson Hill Redevelopment Plan, Neighborhood Mixed Use.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 450 M.l. King Drive: Completed, 40 units, 5 stories, 6,200 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