Lottery launches for affordable apartments in Jersey City, from $1,014/month
Rendering via Genesis Companies
Providing Jersey City residents some rental relief as the market continues to grow, a new housing building opened this week and launched a lottery for 100 percent affordable units. Located at 455 Ocean Avenue in the Greensville section of Jersey City, the five-story building includes 64 apartments, with five of the units set aside for homeless veterans and seven reserved for those earning at or below 30 percent of the area median income. Dubbed the Dr. Lena Frances Edwards Apartments, the rental’s remaining units reserved for those earning 60 percent of the AMI ($66,500/year for a family of four) include $1,014/month one-bedrooms, $1,217/month two-bedrooms and $1,407/month three-bedrooms.
City, state and federal officials at the ceremonial ribbon-cutting for Dr. Lena Frances Edwards Apartments via Genesis Companies
Amenities include a community room, on-site parking, bike storage, an online payment system and an elevator. Inside, apartments boast open plan kitchens, top-of-the-line appliances, quartz countertops and individually controlled in-unit thermostats.
The building, developed by Genesis Companies and Jersey City, replaces a vacant lot. It is named in honor of Dr. Lena Frances Edwards, a doctor who dedicated her life to helping low-income residents of Jersey City and received the Presidential Medal of Freedom for her work in 1964.
Apply for the affordable units here. Applications can be sent to [email protected] or mailed to:
455 Ocean Avenue
Jersey City, New Jersey 07305
Use 6sqft’s map below to find even more ongoing housing lotteries.
If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.
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