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The Albion 201 Newark Avenue Jersey City Rendering

Hotel and Restaurant Proposed for Downtown Jersey City’s Newark Avenue

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Jersey Digs reported in October that the old Capital One bank site at 201 Newark Avenue in Jersey City had been sold for more than $5 million. Now, we’ve learned that a 100-room hotel called “The Albion” and a restaurant could come to the premises.
201 Newark Avenue Jersey City 2

Company Pays Over $5 Million for Former Downtown Jersey City Bank

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The old Capital One bank branch at 201 Newark Avenue in Jersey City was sold to a firm associated with Landmark Developers.
201 Newark Avenue Jersey City 2

Capital One Vacates Iconic Downtown Jersey City Bank Building

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A Capital One branch has officially closed on the parcel, which has an adjacent parking lot that could be attractive to developers.

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