The Advisory is a weekly roundup capturing all economic development within Jersey City! Through our weekly newsletter & LinkedIn posts we curate content featuring Jersey City’s innovation & placemaking. Signup for our newsletter, and view Jersey City from a wider lens through all of our featured articles below!
Real Estate NJ
OCT 16
Matthews: 10-unit apartment building in Jersey City Heights fetches $1.85 million | Real Estate NJ
A mixed-use property in Jersey City is under new ownership after a $1.85 million sale.
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Jersey Digs
OCT 15
Historic Jersey City Homes Tied to Black History Could Gain New Protections
Sluggo’s laundromat at 267 Martin Luther King Dr is one of the site’s in the new inventory. Credit: City of Jersey City.
In 1889, Dorothy Fearing became Jersey City’s first Black schoolteacher, and the Bergen Hill home
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Jersey Digs
OCT 15
New 85,000-Square-Foot ShopRite Opens in Downtown Jersey City
A new ShopRite, more than 20,000 square feet larger than the former Jersey City location, is open in Hudson Exchange. Image courtesy of Wakefern Food Corporation.
A grocery store that has long planned a move to new digs
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NJBIZ - NJBIZ
OCT 15
60-story Jersey City apartment tower Everton opens
The day after Inserra ShopRite opened doors on its new Jersey City store, the mixed-use development that houses it has followed suit.
Located at 99 Provost St., adjacent to the Hudson-Bergen Light Rail, transit-oriented
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ROI-NJ
OCT 15
ShopRite of Hudson Exchange Place opens at Everton in Jersey City
Inserra Supermarkets Inc., a family-owned and operated Mahwah-based company, opened the ShopRite of Hudson Exchange Place on Oct. 14, an 85,000-square-foot supermarket in Jersey City.
Located on the second floor of Ever
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ROI-NJ
OCT 15
Everton opens in Jersey City’s Hudson Exchange neighborhood
Everton, a new mixed-use destination in Jersey City’s Hudson Exchange neighborhood, is now welcoming residents, retailers and visitors as the latest addition to the city’s rapidly evolving downtown community.
Developed
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Hudson County View
OCT 14
Jersey City registers 2,251 new businesses for payroll tax, netting $690k for BOE
The City of Jersey City has registered 2,251 new business for the payroll tax since January, collecting roughly $689,836 for the board of education as of August, on top of $75.9 million overall, officials said Wednesday.
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NJBIZ - NJBIZ
OCT 14
Jersey City franchisee plans 33 Krispy Kreme shops in NJ, Long Island
The basics:
Original Entrepreneurs plans 33 Krispy Kreme shops over five years
Franchise agreement covers New Jersey and Long Island
Jersey City-based group currently operates 12 Krispy Kreme locations in NJ, NY
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Voices - Jersey City
OCT 13
Jersey City Finally Seeks Buyer For Crumbling Historic Powerhouse Downtown
Jersey City is officially looking for someone to take on one of its most stubborn real estate puzzles: the century-old H&M Powerhouse, a hulking brick relic that has sat empty downtown for decades and is now, by the
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New York YIMBY (Voices - Jersey City)
OCT 13
Amenity Collection Debuts At 505 Summit In Jersey City, New Jersey
The completed amenity collection has been unveiled at 505 Summit, a 53-story residential tower in Jersey City, New Jersey. Designed by HLW International and developed by Panepinto Properties, the 577-foot-tall structure
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NJBIZ - NJBIZ
OCT 13
ShopRite to open new 85,000-square-foot Jersey City store
The basics:
Inserra Supermarkets’ new Jersey City ShopRite spans 85,000 square feet
Store replaces grocer’s smaller Marin Boulevard location
New amenities include hot food, soup and sushi bars, prepared meals, AI-
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Jersey Digs
OCT 12
House of Amrut Whiskey Tasting Room Opens in Jersey City
A new whiskey-tasting room with cocktails and Indian dishes has launched along Newark Avenue. Image courtesy of House of Amrut.
A proper whiskey tasting room that explores the breadth of Indian single malts has launched
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Hudson County View
OCT 9
After HVAC repair work, Jersey City’s Five Corners library to reopen on Tuesday
Following the completion of HVAC repair work, the Five Corners Branch of the Jersey City Free Public Library is set to reopen on Tuesday, officials said. By John Heinis/Hudson County View “Five Corners Library is an esse
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Jersey Digs
OCT 9
Carlitos Barbecue Taqueria Opens in Jersey City
Carlitos is now open on the top floor of Newport Centre Mall. Image courtesy of Carlitos Barbecue Taqueria.
A growing Mexican restaurant that started as a food truck along the Jersey City waterfront has returned home, a
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Voices - Jersey City
OCT 8
Jersey City Board Greenlights 115 Units Near Hamilton Park, No Affordable Homes Required
An eight-story, 115-unit apartment building is headed for the corner of Division and 8th Streets in Jersey City's Hamilton Park neighborhood, after the city's Planning Board unanimously approved the project's final site
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Hudson County View
OCT 8
Guy hosts Kim, Menendez, & more for Jersey City affordable housing roundtable
U.S. Senator Andy Kim (D-NJ) joined U.S. Rep. Rob Menendez Jr. (D-8), and many others. for an Affordable Housing Roundtable at County Plaza in Jersey City hosted by County Executive Craig Guy. By Dan Israel/Hudson County
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Jersey Digs
OCT 7
Monaco Lock Building in Jersey City Sells for $7 Million
The current home of Monaco Lock has sold and is slated for a redevelopment. Image courtesy GRID Real Estate.
A Newark Avenue property that has been home to a local business for decades has changed hands and is slated to
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NJBIZ - NJBIZ
OCT 7
Compass Pathways relocates US base to Jersey City
The basics:
Compass Pathways relocates US base from NYC to Jersey City
Biotech firm opens 6,327-square-foot office at 30 Montgomery
COMP360 could launch in 2027 pending FDA approval
More than 60 of Compass’ 175 e
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Voices - Jersey City
OCT 6
Jersey City Council Clashes Over Tax Sale That Could Cost Homes But Save $7M
Jersey City Council members sparred during a caucus session over whether to push back the city's annual accelerated tax sale, a procedural decision that finance officials say could determine whether the cash-strapped mun
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Hudson County View
OCT 6
Jersey City Council caucus sees tensions boil over regarding accelerated tax sales
The Jersey City Council debated delaying the annual December accelerated tax sale as tensions boiled over on the topic at yesterday’s caucus. By Daniel Ulloa/Hudson County View Tax Collector Sean Nolan explained he had s
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