547 Summit Ave, Jersey City
Commercial · Block 7904, Lot 10.
Building permits
- Demolition, issued Mar 6, 2025, described as “Complete demolition of commercial property”
- Demolition, issued Mar 6, 2025, described as “Complete demolition of commercial property”
- Alteration — Commercial, issued Jan 24, 2022, estimated cost $13K
- Alteration — Residential, issued Dec 27, 2021, estimated cost $1K
- Alteration, issued Aug 26, 2008, described as “Remove block wall, to install new mri and reinstall wall . Electric, 1-00 amp subpanel, 1-60 amp.”
- Alteration, issued Sep 28, 1998, described as “New interior partitions”
Property taxes
- Assessment
- $1,129,100
- 2025 tax
- $26,364
- Assessed land
- $336,200
- Assessed improvements
- $792,900
- Last sale
- $3,150,000 in 2019
Zoning
Journal Square 2060 Redevelopment Plan, Zone 3 - Commercial Center.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 547 Summit Ave (case P2025-0133): Approved 2026, 1,514 units, 153 affordable, 47 stories, 513 feet tall, 5,136 sq ft retail
In the news
Construction Awaits For 1,517-Unit Skyscraper at 547-555 Summit Avenue In Journal Square, Jersey City, New York YIMBY, Sep 28, 2026.