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FAQ: TAY Investments' 365-Unit West Side Jersey City Development
TL;DR
TAY Investments' largest acquisition in Jersey City positions investors to capitalize on the West Side's transformation into a high-demand residential district with premium amenities.
TAY Investments acquired a 56,897-square-foot Jersey City site for an 8-story building with 365 units, 1,500 sq ft commercial space, and 184 parking spaces, targeting 2028 completion.
This development provides affordable, amenity-rich housing with wellness facilities and sustainable design, enhancing community connectivity and quality of life in a transforming neighborhood.
The project features 'The Sanctuary' with a pool, pickleball court, cold plunge, and rooftop bar, integrating cutting-edge technology for a unique urban living experience.
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TAY Investments has acquired a fully approved development site at 212-230 Culver Avenue in Jersey City's West Side neighborhood to build an 8-story building with 365 residential units, approximately 1,500 square feet of ground floor commercial space, and 184 indoor garage parking spaces.
This is TAY Investments' largest acquisition to date, marking a major milestone and demonstrating the company's growing confidence in West Side Jersey City's transformation from an industrial hub to a dynamic residential district.
The development is located at 212-230 Culver Avenue in Jersey City's West Side neighborhood, just 0.3 miles from the West Side Avenue Hudson-Bergen Light Rail Station, providing direct access to downtown Jersey City and Manhattan.
The development will feature 'The Sanctuary,' a highly amenitized wellness area with indoor and outdoor facilities including a pool, hot tub, state-of-the-art gym, yoga and meditation center, dry and wet saunas, cold plunge, pickleball court, rooftop bar, and more, all integrated with state-of-the-art technology.
Construction is expected to commence in the second quarter of 2026, with a grand opening targeted for summer 2028.
TAY Investments believes in the area's growth potential due to its location in Route 440, which is undergoing a multi-billion dollar transformation driven by three major anchors: the 100-acre Bayfront waterfront redevelopment, the SciTech Scity innovation hub, and the expanding New Jersey City University campus.
The project will feature a mix of studio, one-bedroom, and two-bedroom apartments, though specific unit counts are not detailed in the content.
This project represents both a scale play and a strategic bet on West Side Jersey City's evolution, reinforcing TAY's long-term belief in the area's growth potential and continuing their focus on delivering high-quality, community-driven multifamily housing with premium amenities at accessible price points.
Yuval Shram is the Founder of TAY Investments, which has been active in Jersey City since 2013 and currently operates six projects in the city, including two under development, totaling over 800 residential units and 22,000 square feet of ground floor commercial space.
TAY Investments believes that with interest rates beginning to move toward normalization and construction cost escalation moderating, there will be even stronger demand for high-end modern apartments in strong growth areas like Jersey City.
Curated from Keycrew.co
