SOLD: 7 Jewett Avenue

Contact us @ 201-209-9301 x315 or email realestate@gsecdc.org for more information.

Address: 7 Jewett Avenue, Jersey City, NJ 07304

  • $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

 

 

 

 

Eligibility

Household SizeMax. Income
1 Person$52,750
2 People$60,250
3 People$67,800
4 People$75,300
5 People$81,350
6 People$87,350
7 People$93,400

How Do I Apply?

SOLD: 7.5 Grant Avenue

Contact us @ 201-209-9301 x315 or email realestate@gsecdc.org for more information.

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.

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Eligibility

Household SizeMax. Income
1 Person$48,200
2 People$55,050
3 People$61,950
4 People$68,800
5 People$74,350
6 People$79,850
7 People$85,350

How Do I Apply?

SOLD: 394 Armstrong Avenue

Contact us @ 201-209-9301 x315 or email realestate@gsecdc.org for more information.

Address: 394 Armstrong Avenue, Jersey City, NJ 07305

  • $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


Concept

 

 

Floor Plans

 

Eligibility Restrictions

Household SizeMax. Income
1 Person$48,200
2 People$55,050
3 People$61,950
4 People$68,800
5 People$74,350
6 People$79,850
7 People$79,760

How Do I Apply?

SOLD!!! – 98 Stevens Avenue, Jersey City

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? 

Existing Conditions

Typical Finishes


Completed Housing Project List

To date, GSECDC 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.

GSECDC 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 GSECDC'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

SOLD - 156 Stegman Street, Jersey City

Two-family home

$200,000 Sales Price

3.5% minimum downpayment

Eligibility restrictions apply

How Do I Apply? 

156 Stegman Facade