501 Summit Ave, Jersey City
Mixed use · 607 units · Block 9501, Lot 18.
Building permits
- Major renovation, issued Mar 13, 2026, estimated cost $1.4M, described as “Furnish and install 2 hydraulic elevators at 499 Summit (Garage)”
- Major renovation, issued Sep 3, 2024, estimated cost $10.9M, described as “Furnish and install 5 traction elevators for 501 Summit Ave.”
- Alteration, issued Aug 7, 2024, estimated cost $23K, 53 stories, described as “Installation of Hoist.”
- Alteration, issued Mar 21, 2024, estimated cost $10K, described as “Temporary Electrical service”
- Alteration, issued Mar 1, 2024, estimated cost $744K, described as “Change of description from 'Hoist' to ''CRANE' as noted on drawings”
- Alteration, issued Jan 24, 2024, estimated cost $500K, 53 stories, described as “Residetial high rise 53 story 605 units, 1 commercial space and parking garage / underground conduit TCO 6 months - pending planning approval cost of construction - $201,082,750 commercial space requires seperate c/o.”
- Alteration, issued Sep 12, 2023, described as “400 AMP Temporary Service”
- Alteration, issued Aug 21, 2023, estimated cost $650K, described as “Soe for new tower folded drawings”
- Alteration — Residential, issued Apr 24, 2023, estimated cost $3K
- Alteration — Residential, issued May 10, 2017, estimated cost $84K
- Alteration, issued Dec 14, 2016, described as “Demo building”
- Alteration, issued May 29, 2007, described as “Fire surpression system for burger king”
- Alteration, issued Jan 6, 2004, described as “Upgrade existing fire systems to wet chemical ul 300 approved”
Property taxes
- Assessment
- $45,980,000
- 2025 tax
- $1,073,633
- Assessed land
- $43,480,000
- Assessed improvements
- $2,500,000
Zoning
Journal Square 2060 Redevelopment Plan, Zone 1 - Core.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Planning Board case P2025-0066: Site Plan Amendment, Approved, applied Apr 2, 2025. The Applicant is seeking an Amendment to the Preliminary and Final Major Site Plan Approval with Deviations and Conditions granted under Case No. P21-144. The Applicant proposes architectural and site refinements, including updated…
- 499-501 Summit Avenue (case P22-158): Completed, 607 units, 53 stories, 564 feet tall, 3,183 sq ft retail, 140 parking spaces
In the news
New Images Emerge as Jersey City Approves 607-Unit Tower at 499 Summit Avenue, Jersey Digs, Feb 18, 2022.