As the trend of residential multi-family development continues in Jersey City’s downtown, many of the neighborhood’s few remaining properties used for industrial or automotive repair purposes are being replaced with new structures. Now, one of these lots that is located along one of Ward E’s busiest corridors is slated to be redeveloped under a new proposal.
A six-story building is in the works for 338 Newark Avenue and neighboring 390 Fifth Street, according to a legal notice that was issued just after Thanksgiving. If given the required approvals by the Jersey City Zoning Board of Adjustment, the development would include 37 residential units on the upper floors while the ground floor would contain 1,534 square feet of commercial space.
Previously, the property contained a garage called A&L Auto Body, which has since moved to Tonnelle Avenue. The site is adjacent to where a Bergen County-based company is planning an 18-unit building with commercial space as well.
The simply named 338 Newark, LLC is the firm behind this project. State filings show that the company was registered in January out of Lakewood while NJ Parcels records reveal that the firm paid $6.5 million to the owner of the auto body shop for the property.
Jersey City’s Zoning Board of Adjustment is scheduled to hear 338 Newark, LLC’s proposal during its meeting this Thursday, December 6, at 6:30 p.m., according to the notice. The company is looking to receive Preliminary and Final Site Plan approval with four variances in order to move forward with the project.
Note to readers: The dates that applications are scheduled to be heard by the Jersey City Zoning Board of Adjustment and other commissions are subject to change.