Condo For Sale in Jersey City, NJ

MLS# : 240005784

Street : 160 1ST ST 613
Price : $799,000
Town : Jersey City, NJ 07302
Annual Taxes : $6,578
Monthly Maintenance : $514

PROPERTY DETAILS

Bedrooms : 2
Full Baths :
Half Baths :
Garage :
Building Type :
Building/Complex : Oakman
Laundry :
Misc : Near Train,Near Shopping,Near Bus,Near Parks,Near Schools,Near Path

PROPERTY DESCRIPTION

Amazing Tax abatement -- Nestled within the vibrant heart of Jersey City's esteemed Powerhouse Arts District, this exquisite one bedroom with den residence within the prestigious Oakman offers a seamless blend of sophistication and functionality. Mere minute away from the bustling Newark Avenue Pedestrian Mall and the convenient Grove Street PATH station, this exceptional unit presents an unparalleled urban living experience. Upon entering, be greeted by the timeless allure of white oak floors that lead you through the thoughtfully designed space. The den, a versatile enclave, presents an ideal opportunity to transform into a second bedroom, catering to your evolving lifestyle needs with ease. Indulge in culinary delights within the gourmet kitchen, featuring sleek Italian cabinetry, quartz countertops, and top-of-the-line Bosch appliances, creating a haven for culinary enthusiasts and entertainers alike. Adorned with custom window treatments, every detail has been meticulously curated to elevate your living experience. The modern facade of The Oakman is a testament to contemporary design, complemented by the convenience of electric car charging stations, embodying a commitment to sustainable living. The unparalleled amenities of The Oakman redefine luxury living. On the first floor, enjoy access to a state-of-the-art gym and a vibrant children's playroom, providing entertainment and wellness options for every member of the family. Ascend to the rooftop oasis, where a community lounge, expansive patio, BBQ area, and refreshing swimming pool await, offering a serene retreat amidst the bustling cityscape. Parking is made effortless with available rental options within the first-level garage, ensuring convenience for residents and guests alike. Embrace the urban luxury living with The Oakman, boasting one of the city's most advantageous tax abatements till 2036 Experience a lifestyle of unparalleled luxury and convenience in this exceptional residence within The Oakman. Schedule your private tour today and elevate your urban living experience.

Amenities

  • Terrace
  • Hardwood Floor
Appliances Included :

Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas

This listing is a courtesy of SERHANT NJ LLC
973-315-5959 office, listing agent MARK TROMPETER

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.

Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
Population:  267,345
Total Housing Units:  104,018
Single Family Homes:  36,684
Apartments:  67,334
General Tax Rate (2021):  1.603%
Effective Tax Rate (2021):  1.402%
Compare To Other Towns

Jersey City Market Indicators

PRICE INDEX

Average Price* (12mo):  $638,157
Homes Sold* (12mo):  202
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $627,653
Apatments Sold* (12mo):  962
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2021):  1.603%
Effective Tax Rate (2021):  1.402%
GENRAL TAX RATE - Jersey City, NJ



Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 04/28/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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