559 Summit Ave, Jersey City
Commercial · Block 7904, Lot 7.
Building permits
- Demolition, issued Nov 6, 2026, described as “Complete Demolition of a Multi-Family Home”
- Alteration — Multi-Family, issued Feb 7, 2023, estimated cost $5K
- Alteration, issued Aug 17, 2006, described as “Water heater”
Property taxes
- Assessment
- $1,060,100
- 2025 tax
- $24,753
- Assessed land
- $181,400
- Assessed improvements
- $878,700
- Last sale
- $1,700,000 in 2023
Zoning
Journal Square 2060 Redevelopment Plan, Zone 3 - Commercial Center.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 10, 2023: $1,700,000, sold with other lots
Open-market sales since mid-2019, from the state’s SR1A sales file.
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