JERSEY CITY | Development Summary 2019

(thread is a work in progress)

This has been a banner year for construction in Jersey City. As of yesterday, 4,512 apartments of new construction have been issued building permits and started construction. That’s more than Manhattan and neck-and-neck with Brooklyn. For the first time probably since the 1920’s and 30’s, much of the new construction is in mid-rise 4-6 story buildings scattered throughout the city. But some mammoth high-rises have broken ground this year, too.

The 10 largest buildings to start so far this year (will add links eventually):

  • 25 Columbus Drive | 57 FLOORS | 750 Units
  • 331 Marin Blvd (184 Morgan) | 41 FLOORS | 482 Units
  • 1 Park View Avenue | 40 FLOORS | 452 Units
  • 700 Washington Blvd | 40 FLOORS | 336 Units
  • 331 Marin Blvd | 38 FLOORS | 507 Units
  • 88 Regent St | 32 FLOORS | 392 Units
  • 259 Coles St | 26 FLOORS x 2 | 350 Units
  • 55 Jordan Ave | 16 FLOORS | 267 Units
  • 175 Second St | 14 FLOORS | 159 Units
6 Likes

When is JC going to surpass Newark in population?

1 Like

I’d put good money on JC already being bigger than Newark, and I think we’ll see it reflected in the 2020 Census.

One of the input factors to the Census Bureau’s Population Estimates Program is construction permits data from the Census Building Permits Survey. They use this to estimate population growth. But I’ve spoken to people at the Census offices and at the NJ State Department of Community Affairs who tell me that the Census’s BPS data is not reliable for NJ because of reporting quirks. People at NJ DCA told me that 25 Columbus Drive’s 750 units won’t be reflected in the Census’s permits data, for instance.

My own analysis of building permits in Jersey City shows that the Building Permits Survey data has missed over 6,000 apartments constructed in Jersey City since 2010. That’s easily 8,000 to 12,000 residents not reflected in the Census estimates, enough to put JC over Newark.

4 Likes

Is there any big residential plans for Newark in the pipeline?

1 Like

A lot of plans and ideas, not much in the way of real shovels in the ground other than a couple of midrises a year. Construction is expensive and the demand isn’t really there to recoup the costs, as far as i can tell.

1 Like

The West Side and Journal Square areas are the next big centers of development this coming decade. Let’s hope they also improve public transit to keep up with the rise of people moving in.

3 Likes

I don’t understand how they can call it a “study” when it’s just a bunch of subjective impressions and hype from a real estate agent and his son. No data at all. Plus a couple of gradients they made on a map in photoshop. :man_shrugging:

Also this map came out in 2019 and Jersey Digs is “reporting” on it in November. Jersey Digs is just so basic :roll_eyes:

Sorry, not digging on you, the726, I just have this reaction too often when I see a JerseyDigs link.

1 Like

No, you’re absolutely right. I didn’t fully read into that when I saw the article. Yes, lately JD has been late on certain news about the city too, or inaccurate or sensational pieces meant to just be clickbait. It’s not much of a study as it is just a map from realtors. But I do think they’re right about some of the areas on it. I unlinked the article and the report. I was planning on making some graphics on the west side developments and the journal square ones. I’ll share it here.

3 Likes

Would love to see it. Really appreciate your posts here!

1 Like