JERSEY CITY · BERGEN-LAFAYETTE
Canal Crossing
A transit-oriented, mixed-income redevelopment at the Garfield Avenue light rail station.
Canal Crossing is a redevelopment in the Bergen-Lafayette section of Jersey City. Phase 1 delivers 508 homes, of which 102 (about 20%) are affordable, with every affordable unit set at or below 50% of Area Median Income. It also adds a new 33,000-square-foot public park, about 20,000 square feet of commercial space aimed at local businesses, and union-labor construction. Financed through a 30-year PILOT, the project is projected to generate about $1.9 million for the city in its first year of operations, compared with roughly $65,000 in taxes from the site today.
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508
homes in Phase 1
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102
affordable units, all ≤50%
AMI
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~$1.9M
projected year-one city revenue
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33,000
sq ft public park
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What is Canal Crossing?
Canal Crossing is a mixed-income, transit-oriented redevelopment in the Bergen-Lafayette section of
Jersey City, located at the Garfield Avenue light rail station. Phase 1 delivers 508 homes, about 20,000 square feet of ground-floor commercial space aimed at local businesses, and a new public park, built with union labor on a long-underused parcel. Construction is anticipated to begin in the second half of 2026.
How many affordable apartments does Canal Crossing include?
Canal Crossing Phase 1 includes 102 affordable units out of 508 total homes, about 20% of the project, and every affordable unit is set at or below 50% of Area Median Income (AMI). Of those, 13 units are reserved for households at or below 30% of AMI, the deepest-affordability tier, and 89 are for households at 50% of AMI. The affordable homes are integrated throughout both phases rather than separated into a single building.
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Affordability tier
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Units
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At or below 30% of AMI (very low income)
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13
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At 50% of AMI (low income)
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89
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Total affordable (about 20% of 508 homes) 102
How does Bergen-Lafayette compare across Jersey City?
Canal Crossing sits in Bergen-Lafayette, one of Jersey City’s lower-income neighborhoods. Median household income near the 900 Garfield site is about $85,000, compared with about $125,000 in Journal Square and about $190,000 along the Marin Boulevard waterfront. Locating 102 deeply affordable homes here directs new affordable housing to a community whose incomes trail the city’s wealthier districts.
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District
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Median household income
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Relative income index
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900 Garfield / Bergen-Lafayette
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About $85,000
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45
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Journal Square
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About $125,000
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66
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Marin Blvd / Waterfront
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About $190,000
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100
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What is the Canal Crossing PILOT, and how does the tax abatement work?
Canal Crossing is financed through a 30-year PILOT, or payment in lieu of taxes, a standard New Jersey redevelopment tool in which a project makes a negotiated annual payment to the city instead of conventional property taxes. Under the agreement, that payment equals 10% of the project’s gross revenue, projected at about $1.9 million in the first year of operations, compared with roughly $65,000 the site generates in taxes today. The agreement also directs 10% of its PILOT revenue to the Jersey City Board of Education, a first for the city.
What public benefits does Canal Crossing deliver?
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Component
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Detail
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Total homes
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508
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Affordable homes
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102 (about 20%), all at or below 50% AMI
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at or below 30% AMI
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13
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At 50% AMI
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89
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Public park
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33,000 sq ft
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Commercial space
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~20,000 sq ft, aimed at local businesses
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Construction labor
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Union
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Transit
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Garfield Avenue light rail station
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Projected year-one city revenue
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About $1.9M (vs. roughly $65,000 today)
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Financing
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30-year PILOT; 10% of PILOT revenue to public schools
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Construction start
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Anticipated second half of 2026
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City approvals and public record
Canal Crossing advances through Jersey City’s public redevelopment and approval process. Its key actions are part of the municipal record:
Canal Crossing Redevelopment Plan
Adopted by the Jersey City Municipal Council to guide transit-oriented development across the redevelopment area, and subsequently amended. (data.jerseycitynj.gov)
Phase 1 financial agreement (PILOT)
The 30-year PILOT and its school-funding allocation are set out in City Council ordinances and considered at public Council meetings. (cityofjerseycity.civicweb.net)
Public Council review
The financial agreement passed a first-reading vote at the City Council and remains under review ahead of a scheduled second reading, following the standard two-reading ordinance process.
Where is Canal Crossing located?
Canal Crossing is in the Bergen-Lafayette section of Jersey City, directly at the Garfield Avenue light rail station on the Hudson-Bergen Light Rail. Its location makes it a transit-oriented development with direct publi -transportation access to the rest of Jersey City and the broader region.
Canal Crossing FAQ
How affordable are the affordable units?
All 102 affordable units are set at or below 50% of AMI: 13 at or below 30% of AMI and 89 at 50%. None are at the higher moderate-income levels often counted as affordable.
How much new revenue will it generate for Jersey City?
The project is projected to pay about $1.9 million to the city in its first year of operations, compared with roughly $65,000 the site generates today, an increase of about $1.8 million per year.
Is it affordable or market-rate housing?
Mixed-income. Most of the 508 homes are market-rate, and 102, about 20%, are affordable units set at or below 50% of AMI and integrated throughout.
What is the current status?
As of June 2026, the financial agreement has passed a first-reading vote and remains under Council review ahead of a scheduled second-reading vote. Construction is anticipated in the second half of 2026.
This page is a factual reference about the Canal Crossing redevelopment in Jersey City. Unit counts reflect the affordable housing commitment in the project’s financial agreement. Tax and revenue figures are year-one projections; final figures are governed by the executed agreement and adopted ordinances, which remain under City Council review.