Magnolia & Pavonia Ave, Jersey City
Apartment building · 1,842 units · built 2024 · Block 9501, Lot 4.01.
Building permits
- New — Multi-Family, issued Jan 5, 2022, estimated cost $2.0M, 598 units, 60 stories
- New — Multi-Family, issued Dec 5, 2018, estimated cost $75.0M, 1,302 units, 72 stories
- New — Residential, issued Dec 29, 2017, estimated cost $545K, 1,842 units, 72 stories
- Alteration, issued Sep 25, 2026, estimated cost $95K, 62 stories, described as “Electrical Service To Final Retail Space #2”
- Alteration, issued Jun 17, 2026, estimated cost $442K, described as “Proposed interior renovation [commercial fit-out] paris baguette [electric]”
- Alteration, issued Mar 23, 2026, estimated cost $251K, described as “Basement alterations”
- Alteration, issued Feb 17, 2026, estimated cost $40K, 62 stories, described as “Addition of planters, bollards, & signage as per revised amended final major site plan application for phases 2 & 3 of journal squared”
- Alteration, issued Oct 2, 2025, estimated cost $50K, 62 stories, described as “Electrical Service To Retail Space”
- Alteration, issued Nov 15, 2024, estimated cost $994K, described as “1500 sft retail fit out deli / food operations (cangiano's fine foods iii) cost of construction - $971,500”
- Alteration, issued Dec 26, 2023, described as “Furnish & install (5) new traction elevators”
- Alteration — Multi-Family, issued May 11, 2023, estimated cost $146K
- Alteration — Residential, issued Mar 17, 2023, estimated cost $3K
- Alteration — Commercial, issued Jan 26, 2023, estimated cost $77K
- Alteration — Multi-Family, issued Oct 14, 2022, estimated cost $560K
- Alteration — Multi-Family, issued Jun 14, 2022, estimated cost $50K
- Alteration — Retail, issued May 6, 2022, estimated cost $211K
- Alteration — Multi-Family, issued Dec 8, 2021, estimated cost $5K
- Major renovation — Commercial, issued Nov 4, 2021, estimated cost $1.0M
- Alteration — Commercial, issued Nov 29, 2018, estimated cost $28K
- Alteration, issued Aug 5, 2013, described as “Removal of 1-550 gal. heating oil tank.”
Property taxes
- Assessment
- $101,200,000
- 2025 tax
- $2,363,020
- Assessed land
- $101,200,000
- Condo units with their own tax lots
- 3
Tax breaks
- PILOT for market-rate housing, through Apr 30, 2051.
- PILOT for market-rate housing, through Mar 31, 2047.
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
- Journal Squared Phase 2 (case P21-152): Completed, 700 units, 70 stories, 754 feet tall, 18,000 sq ft retail, 522 parking spaces