PROGRESS CAPITAL | Qualified Opportunity Zone Investment | Multifamily Project | Jersey City
19062
post-template-default,single,single-post,postid-19062,single-format-standard,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-2.7,wpb-js-composer js-comp-ver-5.4.7,vc_responsive

Qualified Opportunity Zone Investment | Multifamily Project | Jersey City

Qualified Opportunity Zone Investment | Multifamily Project | Jersey City

12:01 18 October in News & Talk

For More Information and Offering Details Please Fill in Fields Below

To Speak to a Representative Contact:

400 Claremont Urban Renewal, LLC
25 Senate Place
Jersey City, NJ 07306
201-240-4543

The Element
400 Claremont Avenue
Jersey City, NJ 07304

 

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.

Investments of $500,000 or more
are now being accepted