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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.

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

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