Description:New construction of 9 two family homes. 18 housing units total.
Location:134-142 Cator Ave and 33-39 New Street, Jersey City, NJ
Budget:$3.552M
Project Plans
This project involves the acquisition, demolition of existing building and new construction of nine (9) two family homes for a total of 18 units. Each of the 2,600 square foot homes will sell for $195,000 and would be affordable to families earning a minimum of $31,000 annual or at 46% of the AMI.
The homes will be sold to low to moderate income buyers who will rent the rental unit to a low/moderate income family. The owner’s unit would be on the second level with three bedrooms and two baths, with garage parking on the first level. The rental unit will be a 2 bedroom apartment, located on the first floor. We are proposing roughly gross square footage of 2600 per home. Other amenities include spacious living room, formal dining room, ample closet space, hard wood floors. Kitchen features include Energy Star appliances that include stainless steel gas oven/range with range hood, stainless steel refrigerator, stainless steel dishwasher and easy clean laminated kitchen counter-tops. The homes will have central heating and ventilation and hook ups for washer and dryer. All homes will have backyards and a ten-year New Home Owner Warranty.
Existing Conditions
