15-Story Complex Could Rise Over Jersey City Neighborhood with Almost 300 Units

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32 Oakland Avenue Jersey City
Site of proposed development: 32 Oakland Avenue, Jersey City. Photo via Google Maps/Street View.

While the property at 32 Oakland Avenue in the Journal Square section of Jersey City might just contain a nondescript surface parking lot now, the site could soon contain one of the tallest mixed-use developments in this part of the neighborhood.

A public notice shows that a 15-story building is being proposed for this property located at the corner of Washburn Street in Ward C. Should developer Overlook, LLC’s application for Preliminary and Final Major Site Plan approval with deviations such as maximum height and minimum retail depth be approved by the Jersey City Planning Board, the project would consist of 297 units along with commercial space on the ground floor. In addition, two floors of office space would be included in the building and 181 “automated parking spaces” would be provided on the premises.

The site is located within the Journal Square 2060 Redevelopment Plan Area and was acquired by Overlook, LLC for $6.1 million nearly three years ago, according to property records. Tax data from City Hall shows that the LLC, which is registered out of the same office building in Denville, Morris County as FM Home Improvement, Inc., also owns the neighboring properties at 34, 36, 38, and 42 Oakland Avenue, 54-56 and 64 Washburn Street, and 387 Hoboken Avenue.

The matter was initially scheduled to be heard by the Jersey City Planning Board this Tuesday, November 13, at 5:30 p.m. at City Hall.

Note to readers: The dates that applications are scheduled to be heard by the Jersey City Planning Board and other commissions are subject to change.

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