The HillTop

The HillTop

832 Chancellor Avenue
Irvington, New Jersey

  • Project Value

    Total Value: $200 Million
    Phase I: $30 Million

  • Funding Partners

    Sponsor’s Equity
    Local Initiative Support Corporation (LISC)
    NJ Housing & Mortgage Finance (HMFA) LIHTC
    JP Morgan Chase
    Prudential Financial

  • General Contractor

    Lettire Construction

  • Architect

    Perkins Eastman

  • Project Status

    Construction

  • Delivery Date

    2017 (Phase I)

  • Managing Partner/Co-Developer

Project Type

The HillTop is a multi-phase, multi-year development located in the heart of the Township of Irvington. The development will transform the old Irvington General Hospital, a 6.5 acre site that has been vacant and blighted for years, into a unique apartment development with beautiful architectural details and excellent lifestyle amenities including a restaurant and child care facility. Phase I will feature 113 units of housing in a 5 story building that will be 80% affordable and 20% market rate. The full project is approved for 700 units.

Outcomes

  • Secured 9% Low Income Housing Tax Credits
  • Increased site value by 7M post approvals
  • Zoning entitlements resulting in 500% density boost to 100 units per acre
  • PILOT Agreement with Township of Irvington
  • General Development Plan
  • Preliminary and final approvals to develop 700 units