# Magnolia & Pavonia Ave, Jersey City

Apartment building · 1,842 units · built 2024 · Block 9501, Lot 4.01.

On Umarelli: https://umarelli.org/jersey-city/9501/4.01/magnolia-and-pavonia-ave

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

## 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

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