Investment Overview
This 0.39-acre development site at 49 Fisk Street represents a compelling residential development opportunity in Jersey City's Route 440-Culver Redevelopment Area. Situated on Block 22103, Lot 1, the project is the second phase of a two-phase residential development, with Phase 1 already constructed and operational on the adjacent parcel.
Minno & Wasko Architects & Planners have prepared proposed plans for a 6-story wood-frame residential building consistent with the Route 440-Culver Redevelopment Plan, delivering:
• 99 residential apartments (48 studios, 41 one-bedrooms, 10 two-bedrooms)
• 45 parking spaces (39 lift/slide puzzle stackers + 2 HC on-site, 4 off-site via Phase 1)
• Rooftop community amenity terrace with shared garden and raised vegetable beds
• 7 on-site EV charging stations and gray water recycling system
Positioned along Fisk Street at Mallory Avenue, the site benefits from direct access to Route 440 — one of Hudson County's primary arterial corridors — and sits minutes from the emerging mixed-use activity along the Culver Avenue and West Side Avenue corridors. Newark Liberty International Airport is approximately a 15-minute drive via I-78, while the New Jersey Turnpike and I-78/I-280 interchange provide immediate regional highway access.
The site is served by multiple NJ Transit bus lines connecting residents to Journal Square PATH Station — offering one-seat rides to Lower Manhattan, Midtown, and Downtown Jersey City — as well as the Hudson-Bergen Light Rail system, which links the broader Bergen-Lafayette and Bayview neighborhoods to the waterfront and Exchange Place. The surrounding Route 440 corridor has seen a meaningful uptick in institutional residential investment over the past several years, with new construction rental product continuing to absorb steadily as renters price out of the waterfront and Journal Square submarkets.
With proposed plans already drawn in accordance with the Route 440-Culver Redevelopment Plan, a completed Phase 1 building next door, and a straightforward residential program well-suited to the submarket, 49 Fisk Street Phase 2 is a well-positioned opportunity for a developer looking to minimize pre-development legwork and capitalize in an emerging neighborhood.