SOLD: 7 Jewett Avenue

Guest User February 28, 2016

Address: 7 Jewett Avenue, Jersey City, NJ 0730 4

$305,000 Sales Price
$1,100 Owner's Monthly Cost (Not Including Utilities)
Minimum Income To Afford $43,000*
Two-Family Home (3,054 Square Feet)
Homeowner Unit: 3 Bedrooms/2 Bathrooms
Tenant Unit: 3 Bedrooms/1 Bathrooms
Great Location Near Journal Square
Hardwood Floors
Stainless Steel Energy Efficient Appliances
Recreation Room
Garage Parking Driveway
Completely Renovated
Laundry Room
Central Air
Plenty of Storage Space
Intercom System
Outdoor Space/Backyard

* Based on 30 year fixed mortgage, 4% Interest, 3% down payment.

Financial dynamics fluctuate depending on lenders terms and buyer deposit.

Eligibility

Household SizeMax. Income
Person$52,750
People$60,250
People$67,800
People$75,300
People$81,350
People$87,350
People$93,400

How Do I Apply?

Download Application

SOLD: 7.5 Grant Avenue

Guest User February 28, 2016

Address: 7.5 Grant Avenue, Jersey City, NJ 07305

$280,000 Sales Price
$925 Owner's Monthly Cost (Not Including Utilities)
Minimum Income To Afford $37,000*
Three Story Two-Family Home (3,633 Square Feet)
Homeowner Unit: 3 Bedrooms/3 Bathrooms
Tenant Unit: 3 Bedrooms/2 Bathrooms
Hardwood Floors
Stainless Steel Energy Efficient Appliances
Recreation Room
Garage Parking Driveway
Completely Renovated
Laundry Room
Central Air
Plenty of Storage Space
Intercom System
Large Outdoor Space

* Based on 30 year fixed mortgage, 4% Interest, 3% down payment.

Financial dynamics fluctuate depending on lenders terms and buyer deposit.

Eligibility

Household SizeMax. Income
Person$48,200
People$55,050
People$61,950
People$68,800
People$74,350
People$79,850
People$85,350

How Do I Apply?

download application

SOLD: 394 Armstrong Avenue

Guest User February 28, 2016

Address: 394 Armstrong Avenue, Jersey City, NJ 0730 5

$305,000 Sales Price
$1,005 Owner's Monthly Cost (Not Including Utilities)
Minimum Income To Afford $40,213*
Two-Family Home (2,979 Square Feet)
Homeowner Unit: 3 Bedrooms
Tenant Unit: 3 Bedrooms
Hardwood Floors
Stainless Steel Energy Efficient Appliances
Completely Renovated
Laundry Room
Plenty of Storage Space
Outdoor Space
Energy Efficient Hot Water Heaters & Furnaces

* Based on 30 year fixed mortgage, 4% Interest, 3% down payment.

Financial dynamics fluctuate depending on lenders terms and buyer deposit.

Typical Finishes

Kitchen

typical kitchen rehab in two family homes

Living Room

Bedroom

Living Room

Typical Finishes for 2-family homes

Bathroom

Kitchen 2

Bedroom

Bathroom

Bedroom

Concept

Floor Plans

Eligibility Restrictions

Household SizeMax. Income
Person$48,200
People$55,050
People$61,950
People$68,800
People$74,350
People$79,850
People$79,760

How Do I Apply?

DOWNLOAD APPLICATION

SOLD!!! – 98 Stevens Avenue, Jersey City

Guest User April 14, 2014

Address: 98 Stevens Ave, Jersey City, NJ 07305

$235,000 Sales Price
3.5% Down Minimum Down Payment
6 Bedrooms / 5 Bathrooms
2 Car Garage
Near Liberty State Park
Repairs to be completed by end of July 2014

Eligibility Restrictions Apply

How Do I Apply?

Download Application

Existing Conditions

Typical Finishes

Kitchen

typical kitchen rehab in two family homes

Living Room

Bedroom

Living Room

Typical Finishes for 2-family homes

Bathroom

Kitchen 2

Bedroom

Bathroom

Bedroom

Completed Housing Project List

Matt Ward January 1, 2014

To date, GSCDC has completed the development of over 240 residential units, turning over 90 abandoned properties into quality housing for over 630 people through a $40-million investment in emerging markets.

GSCDC is a premier, affordable housing non-profit developer in Jersey City with over two decades of experience in building quality housing. The Division of Housing and Community Development is responsible for carrying out GSCDC's mission providing quality affordable housing opportunities to families that cannot comfortably afford to rent or buy in the private market.

Project	Description	Completion Date	Unit Count	Development Cost	Number of Sites	People Served
Resurrection House	LIHTC rental units-rehab of abandoned school	1993	28	$4,200,000	1	70
Mid City 1 and 2 (44 Scattered Sites)	LIHTC rental units- scattered site infill, 44 vacant lots	1995-1997	88	$13,200,000	44	264
Bentley House	Supportive Housing - acquisition of single family	1998	5	$200,000	1	5
Britton House	Supportive Housing - acquisition of single family	1998	5	$200,000	1	5
Beacon House	Supportive Housing - rehab of vacant 3 story building	2000	6	$750,000	1	15
Eugenia Suthern Homes	Home ownership, 2 family homes new construction on 2 vacant lots	2005	4	$400,000	2	12
Grant/Myrtle homes	Home ownership, 2 family homes new construction on 4 vacant lots	2007	8	$1,250,000	4	24
Greenville Homes	Home ownership, 2 family homes new construction on 4 vacant lots	2008	8	$1,500,000	4	24
All Saints	Supportive Housing - rental new construction on 2 vacant lots	2009	8	$2,000,000	2	8
Columbia Park Place	Supportive Housing - rental new construction on 1 vacant lot	2009	6	$1,400,000	1	15
Houses of Hope	Supportive Housing - rental acquisition of single family home	2009	6	$717,000	1	6
The Monticello	Mixed use- Home ownership, condominiums and 2,000 sf of commercial, new construction on 2 vacant lots	Nov. 2010	8	$2,100,000	2	20
Neighborhood Stabilization Program	Home ownership, acquisition, rehab and resale of foreclosed two family homes	Dec. 2011	18	$3,100,000	9	54
The Van Brunt Homes	Home ownership, 2 family homes new construction on 7 vacant lots	Nov. 2011	10	$2,230,000	7	30
Neighborhood Recovery Program Phase 1	Home ownership, acquisition, rehab and resale of foreclosed two family homes	May. 2013	8	$1,294,000	4	28
Bergen Court Apartments	Low income rentals (4 special needs), gut rehab of abandoned structure	Jul. 2013	12	$2,522,000	1	24
Halladay Homes	Home ownership, new construction on vacant lots	Nov. 2013	8	$2,089,889	7	28
Liberty View West	Supportive Housing rentals, gut rehabilitation of abandoned foreclosed structure	Dec. 2013	4	$811,000	1	4
Total Completed			240	$39,963,889	93	636