About Us

JCECDC is the premier non-profit affordable housing developer in Jersey City with over two decades of experience in building quality housing. The Division of Real Estate Management and Development is responsible for carrying out JCECDC's mission providing quality affordable housing opportunities to families that cannot comfortably afford to rent or buy in the private market.   JCECDC’s Real Estate Division is comprised of three housing professionals with over two decades and 300 units of combined experienced. For more detailed information on our work please visit www.jcecdc.org/realestate

To date, JCECDC built 172 units of affordable housing including rentals, home ownership opportunities for first time home buyers, and special needs housing through rehab and new construction activities.  Since 2005, we created a new pipeline of 165 units of housing with over $37 million in development costs.  Of this pipeline, 34 units have been completed, 13 units are under construction, 36 in preconstruction to break ground in 2010-2011 and 82 units in planning to break ground in 2011-2013.   This includes:

  1. Eugenia Suthern Homes- located at 80-82 Storms Avenue with 4 units of affordable housing completed in 2005.
  2. Grant/Myrtle Homes- located at 29, 121 Grant Avenue and 123-125 Myrtle Avenue with 8 units of affordable housing completed in 2008.
  3. Greenville Homes- located at 21-23 Orient Avenue, 94 Wegman Parkway, and 119 Rutgers Avenue with 8 units of affordable housing completed in February 2009.
  4. All Saints Supportive Housing Development- located at 155-157 Bergen Avenue with 8 units of permanent supportive rental housing completed in May 2009.
  5. Old Bergen Road- located at 109-11 Old Bergen Road with 6 units of permanent supportive rental housing completed in August 2009.
  6. Houses of Hope- located at 177 Clerks Street with 6 units of permanent supportive rental housing completed in July 2009.
  7. 167-169 Monticello Avenue- 7 affordable condominiums with 2,000 square feet of commercial space under construction to be completed in November 2010.
  8. 120-122 Monticello Avenue- 6 affordable rental units with 7,000 square feet of commercial space to start construction in the fall 2010.
  9. The Van Brunt Homes- located at 15-17 Oak Street and 34-40 Van Nostrand Avenue this development includes the new construction of  5 two family homes (10 units) to commence construction by the summer 2010.
  10. Neighborhood Stabilization Program 1(For Sale) - Between 2010-2011, JCECDC will acquire 10-15 foreclosed two family homes (20-30 units) rehab them and sell them to moderate and middle income buyers. We began the acquisition process and expect to sell at least 5 homes in 2010.
  11. 242 Bergen Avenue- Acquisition and gut rehab of an abandoned multifamily structure for the development of 12 units of mixed income rental housing. We expect this project to break ground in 2011.

JCECDC has experienced and continues to experience rapid growth. The staff of one has grown to exceed 30 full-time staff, and the $100,000 budget now exceeds $4 million. JCECDC now serves an estimated 3,500 persons each year.

 

For more information call: 201-604-2294 or email realestate@jcecdc.org

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