70-Unit Rental Project Moves Forward in Bayonne

0
222 avenue e bayonne development
Rendering Credit: Marchetto Higgins Stieve Architects

A new rental project is in the works for a parcel just steps from the 22nd Street Light Rail station in Bayonne. Madison Hill Properties, a Passaic-based developer, is behind the 70-unit building slated for 222 Ave. E. If all goes as planned, they hope to complete the project by 2018.

The 6-story building will be a mix of 1- and 2-bedroom apartments, with a few of the 2-bedrooms being duplexes. It will also feature a full suite of amenities that include a roof top deck, fitness center and community lounge. As for parking, the building will house 72 covered spaces for residents.


madison hill 222 avenue e bayonne
Rendering Credit: Marchetto Higgins Stieve Architects

The project was approved by the city earlier this summer. It also was given a 25-year tax abatement where the developer will make payments directly to the city in lieu of property taxes.

Following the success of Park Bayonne, which opened earlier this year and quickly leased up the majority of their units, developers are now looking more closely at Bayonne for opportunities. Over the next few years, Bayonne could see some significant development.


[gmap height=”250px”]222 Ave E, Bayonne, NJ 07002[/gmap]

222 Ave E, Bayonne, NJ 07002

--

Have something to add to this story? Email [email protected].

Click here to sign up for Jersey Dig's free emails and news alerts. Stay up-to-date by following Jersey Digs on Twitter and Instagram, and liking us on Facebook.

LEAVE A REPLY

COMMENTING POLICY: At Jersey Digs, our goal is to inspire thoughtful and respectful conversations. We ask that you keep a level head and an open mind as you discuss the complex issues facing our community. Members who are unable to maintain civility may be blocked from commenting and have their posts removed.

Please enter your comment!
Please enter your name here