Jersey City is experiencing another massive real estate milestone as a major land sale finalizes a brand-new 15-story high-rise in the Marion section. This upcoming residential development at 166 Van Wagenen Avenue promises to bring significant architectural and community upgrades to the neighborhood.
The transaction, valued at $19.95 million, was successfully brokered by Jim Pompa and paves the way for 321 new residences. To fully appreciate how far this neighborhood has come, it helps to explore local Jersey City history before diving into the latest real estate updates.
Easy booking across hundreds of accommodations from luxury high-rises to unearthed brownstone treasures.
Browse Accommodations Now
Transforming the Marion Section
The property previously consisted of a vacant warehouse and overgrown lots that once housed Morris Struhl Incorporated. These neglected industrial structures are slated for complete demolition to make way for the slender, 175-foot-tall tower designed by Minno Wasko.
Future residents and visitors will soon be able to enjoy a variety of neighborhood attractions after checking out the best things to do across town. The sheer scale of this project proves that growth is expanding well beyond traditional downtown boundaries.
Project Layout and Unit Mix
The sleek new building will house a diverse selection of floor plans to accommodate different lifestyles and household sizes. This includes a careful distribution of layouts ranging from cozy spaces to spacious family apartments.
Find available hotels and vacation homes instantly. No fees, best rates guaranteed!
Check Availability Now
The development will comprise 76 studios, 164 one-bedrooms, 74 two-bedrooms, and seven three-bedroom units. Furthermore, ten percent of the total residences—amounting to 32 units—will be officially designated as affordable housing for lower-income households.
Modern Amenities and Public Spaces
Future tenants will have access to a wide array of high-end indoor and outdoor recreational spaces. These thoughtfully curated amenities are designed to elevate everyday urban living right in the heart of Marion.
Resident perks will include an indoor rooftop space, an outdoor pool deck, a separate sun deck, and a 123-space parking garage cleverly hidden from street view. If you are traveling from afar to visit this evolving neighborhood, you might want to look into where to stay nearby.
Streetscape and Resiliency Features
Beyond the residential apartments, the development heavily emphasizes community integration and environmental sustainability. The street-level improvements will drastically improve the pedestrian experience along the major local corridor.
The project features a grand three-story lobby and a 3,925-square-foot public plaza along Tonnelle Avenue equipped with comfortable seating and natural shade. Additionally, the development incorporates two underground flood detention systems and a modern exterior constructed of brick veneer and composite panels.
While the sale signals a strong continued demand for real estate development outside the traditional waterfront and Journal Square cores, a specific groundbreaking timeline has not yet been announced. As you prepare your upcoming itinerary to check out these changes, be sure to carefully plan your stay ahead of time.
Navigating the various up-and-coming districts throughout the municipality is easier than ever when you understand the best methods for getting around. We will continue to follow this exciting Marion high-rise project closely as new construction milestones are officially released.
Here is the source article for this story: Land Sale Finalized for 321-Unit Development in Jersey City’s Marion Section
Find the perfect hotel or vacation rental. Instant booking, no fees!
View Top Stays
Getting Around Jersey City, NJ
Plan Your Stay in Jersey City, NJ
Things to Do in Jersey City, NJ
