To help increase parking availability in business districts, new parking meter rates of $0.50 per 15 minutes will go into effect on Friday, March 5. The new rates aim to achieve a best practice of 85% occupancy rates in business districts, corresponding to one-to-two parking space availability on each block. At a rate of $0.50 for 15 minutes, Hoboken’s metered parking rates in business districts would be on par with rates in Atlantic City, New Brunswick, Asbury Park, Belmar, and Ocean City in New Jersey, as well as numerous other cities across the country. Increasing on-street parking availability also serves to reduce the number of double-parked cars blocking roadways and bike lanes in business districts.
The new meter rates were adopted by City Council in 2020 and are supported by the Hoboken Chamber of Commerce and the Hoboken Business Alliance. Additionally, the City is partnering with ParkMobile to offer a promo code that will give customers a 50% discount on transactions in ParkMobile zones within business districts. The promo code will be valid for up 50 uses per account through December 31, 2021. Meter rates in permit parking zones outside of business districts will remain unchanged at $0.25 per 15 minutes.
Business districts where the new rates will take effect include Washington Street, 14th Street, 1st Street, River Street, and the Hoboken Terminal area. Click here to see an interactive map of the areas where the $0.50/15 minute parking meter rates will be in effect.
To help increase parking availability in business districts, new parking meter rates of $0.50 per 15 minutes will go into effect on Friday, March 5. The new rates aim to achieve a best practice of 85% occupancy rates in business districts, corresponding to one-to-two parking space availability on each block. At a rate of $0.50 for 15 minutes, Hoboken’s metered parking rates in business districts would be on par with rates in Atlantic City, New Brunswick, Asbury Park, Belmar, and Ocean City in New Jersey, as well as numerous other cities across the country. Increasing on-street parking availability also serves to reduce the number of double-parked cars blocking roadways and bike lanes in business districts.
The new meter rates were adopted by City Council in 2020 and are supported by the Hoboken Chamber of Commerce and the Hoboken Business Alliance. Additionally, the City is partnering with ParkMobile to offer a promo code that will give customers a 50% discount on transactions in ParkMobile zones within business districts. The promo code will be valid for up 50 uses per account through December 31, 2021. Meter rates in permit parking zones outside of business districts will remain unchanged at $0.25 per 15 minutes.
Business districts where the new rates will take effect include Washington Street, 14th Street, 1st Street, River Street, and the Hoboken Terminal area. Click here to see an interactive map of the areas where the $0.50/15 minute parking meter rates will be in effect.
