Qualified Opportunity Zone Investment | Multifamily Project | Jersey City
To Speak to a Representative:
400 Claremont Urban Renewal, LLC
25 Senate Place
Jersey City, NJ 07306
201-240-4543
The Element
400 Claremont Avenue
Jersey City, NJ 07304
21.93% IRR | 2.22x MULTIPLE
Project Highlights
- It is anticipated that in Year Four, 124% of your initial investment will be returned and in most cases will not be a taxable event. Furthermore, the investor will continue to own his original pro rata share of the investment going forward.
- Highly experienced sponsors with strong combined net worth and over 20 years development experience.
- 631 residential units, 15,500 SF of retail, 279 covered parking spaces and an abundance of amenities, which have been designed to attract young urban millennials.
- Steps away from the West Side Light Rail Train Stop, plus private shuttle service to the Path every 12 minutes during peak commuting times.
- Over 77,000 SF of indoor and outdoor amenities.
