Downtown Jersey City
Condo for Sale
Three Bedroom,
Two+half Bath
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Tax Abated until 2025
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Jersey City will be undergoing a property tax revaluation for the first time in 30 years. Some properties in Downtown Jersey City could see 100% property tax increases. Due to the buildings' tax abatement, 149 Essex St is protected from any property tax increases for another nine years. βThe value of this property tax certainty in an era of rising taxes is immeasurable.
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Offered at a highly competitive price
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The unit is offered at β$704 per square foot. Similar sized units in the immediate vicinity have recently sold for $750-$900 per square foot. The immediate neighborhood around 149 Essex St is in the midst of a tremendous development boom, with multiple buildings, retail and public amenities being added. Serious buyers will find this unit to be reasonably priced in a market with tight condo inventory, especially for 3+ bedroom units.
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Brand New Windows
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The entire building is currently undergoing a $4+ million window renovation. All windows are being replaced with custom made, doubled paned, storm proof windows. Unit 6V is scheduled for window completion around Aug 1st, 2016β.
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Convenient & Walkable Location β
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149 Essex St is well situated for an easy commute, with quick access to the Hudson-Bergen Light Rail, multiple ferry services and PATH train to downtown and Midtown. The unit is surounded by shops, schools, recreation options and a burgeoning restaurant scene, creating the opportunity for a truly walkable lifestyle.
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PATH Train System Map
