61 Sip Avenue is a mixed-use development site (the “Site” or “Project”) in the heart of the burgeoning Journal Square neighborhood in Jersey City, New Jersey. Located just one block from Journal Square’s Port Authority Trans-Hudson (“PATH”) rapid transit station, the Project will provide future tenants with “one-seat” access to lower and midtown Manhattan in as little as 11 and 18 minutes, respectively. The Project has As-of-Right zoning for a ten (10) story residential building with commercial/retail use on the lower floors.
In addition to excellent access to public transportation, the Site boasts a walk score of 94 and residents at this Site will enjoy the thriving and vibrant neighborhood, which has seen increased demand for luxury apartment living. The Site is located within the Journal Square Opportunity zone, which is ranked #3 for Top Smart Growth Potential according to a national report by LOCUS.