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Jersey City Council OK's 30-year PILOT, 25% affordable units, for 701 Newark Ave. - Hudson County View

The Jersey City Council approved a 30-year payment in lieu of taxes (PILOT) for a 35-story, 360-unit development with 25 percent affordable housing at 701 Newark Ave. in Journal Square at last night’s meeting. By Daniel Ulloa/Hudson County View On top of those incentives, the project also commits to being built with union labor. 32 […] The post Jersey City Council OK’s 30-year PILOT, 25% affordable units, for 701 Newark Ave. appeared first on Hu…
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Hudson County View broke the news in on Thursday, April 24, 2025.
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