Currently there are three major downtown Jersey City waterfront high-rise condos which are currently being sold as new construction. They are 77 Hudson, Crystal Point, and Trump Plaza Residences. I find that many buyers who look at one of these buildings usually has interest in seeing the others. Commons questions that I hear are regarding the taxes and the maintenance fees for each of these buildings.
77 Hudson Condos in Jersey City
77 Hudson is a high-rise new construction condominium project developed by K. Hovnanian in the Paulus Hook/Exchange Place section of downtown Jersey City.
I was recently searching the Jersey City real estate market for a customer looking to purchase a high end property. She asked me which Jersey City condos and condo buildings take your breath away when you walk inside. Below is the list of the Top 5 Jersey City luxury properties (in no particular order) which I compiled for her.
Top 5 Jersey City Luxury Condominiums
The Condos at 77 Hudson
1. The Condos at 77 Hudson in Jersey City
77 Hudson St. Unit 3704 in Jersey City. This 3 bedroom, 2 bath condo features 1,880 sq.ft. of living space with New York City and Hudson River views. 77 Hudson features floor to ceiling glass windows and European designed kitchen and baths. Plus, you get 44,000 sq.ft. of common amenities including a fitness center, large outdoor pool, resident’s lounge, screening room, & concierge/doorman services. Asking price: $1,616,000.Read the rest of this entry
Closing on your Hoboken real estate purchase can be a very hectic time in one’s life. I often remind my Hoboken condo buyers of a few quick things they are going to want to do before they head to the closing table.
After much speculation, the $8,000 tax credit for first time home buyers was extended by Congress late last week. Many Hoboken condo buyers have emailed me asking for details on the extension. Here is an overview…
$8,000 Tax Credit for First Time Hoboken Home Buyer
The extension is from December 1, 2009 to April 30, 2010. A Hoboken home buyer must have a written binding contract to purchase by April 30, 2010 and the Hoboken condo buyer would have to close by July 1, 2010.
Amount of Credit: $8,000 ($4,000 married filing separate)
Tax Credit Eligibility: May have not had interest in a primary residence for the past 3 years prior to this new purchase. Read the rest of this entry
Below is the Jersey real estate market update for condominium sales for October 2009 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service.
Active Downtown Jersey City Condos
There are 295 Active Jersey City condos for sale with an average listing price of $526,689. Average days on the market: 101 Days
In the past 30 days, 68 new Jersey City condos came on the market for sale with an average listing price of $471,203.
Active Downtown Jersey City Studio Condos: 8 condos for sale with an average listing price of $343,862. 139 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 121 condos for sale with an average listing price of $371,334. 96 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 138 condos for sale with an average listing price of $582,581. 103 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 29 condos for sale with an average listing price of $974,814. 106 days on the market. Read the rest of this entry
I love large over the top properties. I recently spoke with a Hoboken condo seller about their $1,000,000 + condo in Hoboken which they were thinking of selling and it got me thinking about the top trophy properties for sale currently in Hoboken. These are the properties which have a huge “wow factor.”
1. The W Hoboken: 225 River St. Unit 2502
The 3 bedroom, 3.5 bath, 2,367 sq.ft. condo is located in the premiere Hoboken waterfront condo building, the W Hotel & Residences. With direct north & east views towards Manhattan, you can see past the George Washington Bridge. The City looks so close you feel like you can touch it. Step outside your condo, take the elevator down and you are in the lobby of the W Hoboken with Bliss Spa & the Chandelier Room steps away. MLS #90007523. Asking $2,750,000 Read the rest of this entry
After the contracts are signed by the buyer & seller for their Hoboken real estate transaction, the next step is the attorney review period. I offer some insight and advice below to Hoboken home buyers on the attorney review period from my experience.
Questions? Free free to contact me, Walter Burns or leave a comment below.
I am often asked by Hoboken condo buyers when they can conduct their home inspection on the Hoboken condo they are in contract to purchase. Here are a few tips and insights about home inspections for Hoboken area condos.
Feel free to leave a comment or email me, Walter Burns with any questions.
Walter Burns Weichert Realtors
1 Newark St. Hoboken, NJ 07030
201-653-8488 Ext: 230 Office
347-4-HUDSON Direct
347-448-3766 Direct
201-694-8946 Mobile
walter@livingonthehudson.com
After much speculation, the $8,000 tax credit for first time home buyers was extended by Congress late last week. Many 
Below is the Jersey real estate market update for condominium sales for October 2009 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service.
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