# 547 Summit Ave, Jersey City

Commercial · Block 7904, Lot 10.

On Umarelli: https://umarelli.org/jersey-city/7904/10/547-summit-ave

More construction in Journal Square: https://umarelli.org/jersey-city/journal-square/journal-square.md

## 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](https://newyorkyimby.com/2026/09/construction-awaits-for-1517-unit-skyscraper-at-547-555-summit-avenue-in-journal-square-jersey-city.html), New York YIMBY, Sep 28, 2026.

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