Reported Sep 11, 2026 · Source: Real Estate NJ
GND JSQ Holdings bought the parcel at 166 Van Wagenen Ave. in Jersey City from Park Stone Management in an off-market $19.95 million deal. The developer then secured municipal approvals for a mixed-income project and is planning a 321-unit multifamily project, according to a brokerage team with Coldwell Banker Commercial Realty. Jim Pompa of Coldwell Banker Commercial Realty represented both the seller and the buyer.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Real Estate NJ. What the article says:
The buyer, GND JSQ Holdings, closed on the parcel in July and subsequently secured municipal approvals for the mixed-income project at 166 Van Wagenen Ave., according to a news release.
A developer is planning a 321-unit multifamily project in Jersey City after acquiring a site for nearly $20 million, according to a brokerage team with Coldwell Banker Commercial Realty.
Jim Pompa of Coldwell Banker Commercial Realty represented both the seller, Park Stone Management, and the buyer in the off-market $19.95 million deal.
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