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Gold Coast filings rise, led by mid-size rentals

Mid-size rentals account for 15 of the 16 additional site plan applications, and county records show more construction mortgages.

Jersey City · October 24 · Based on 3 documents

AreaJersey City

Key facts

29 mid-size rental applications

47 filings, up from 31

62% of filings are mid-size

12 construction mortgages recorded

The Jersey City Division of Planning logged 29 applications for rental buildings of 50 to 150 units along the Gold Coast in the third quarter. That is up from 14 a year earlier, a rise of 15 applications. Total site plan applications on the Gold Coast went from 31 to 47 over the same period.

Mid-size rentals are 62% of the 47 applications, against 45% of the 31 a year earlier. Seven are buildings of more than 150 units, against eight a year earlier.

62%

Share of Gold Coast applications that are mid-size rentals

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Still in this story

The 29 applications, by unit count

The county clerk's 12 recorded mortgages

The October agenda, item by item

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Sources