Jersey City has been working hard to distance itself from its gritty reputation and reposition itself as a vibrant and diverse place to live and work.
The area was once a city fueled by immigrants who primarily worked in the shipping and manufacturing industries. Today, old factories have been repurposed into commercial and residential buildings, and abandoned rail yards have blossomed into fully landscaped parks.
Development in Jersey City has surged over the last several years. The area saw nearly 40,000 new residential units in various stages of development in 2017 alone, with development levels topping a booming 2016 — a trend likely to continue in 2018.
Jersey City has a lot to offer residents, aside from the stunning views of Manhattan, New York and the Statue of Liberty. Liberty Science Center draws visitors from all over the tri-state area. Jersey City is also home to a diverse assortment of restaurants and bars, shopping outlets and a strong arts culture.
Proximity to Downtown Manhattan and a wide array of mass transit options makes Jersey City a popular choice for commuters.
Jersey City was recently crowned the “most diverse city in America,” ranked second as “the happiest place to work” in the US, and is among the top 10 “greenest cities”.
Plus, the median price of a home in Jersey City is under $400,000, compared to $1.1 million across the river in Manhattan.
Here’s a brief roundup of what’s available in the Jersey City new condo market for under $1 million:
1. 10 Provost Street at Provost Square
Developed by Toll Brothers City Living and Toll Brothers, 10 Provost Street at Provost Square houses a total of 242 units, ranging in size from 563 square feet to 1,280 square feet. It is located steps away from the Grove Street stop on the PATH train. Units are available in studio to three-bedroom floorplans.
The development is at the center of the newly designed “Provost Square,” a pedestrian-friendly plaza with restored cobblestoned streets, seating, landscaping and a performing arts space.
Residences feature thoughtful finishes and fixtures to create a timeless aesthetic, like a warm oak color palette with high contrast details throughout.
Amenities include: an outdoor pool, children’s playroom, rooftop terrace with firepits and outdoor televisions.
Pricing starts at $400,000.
2. Park and Shore
Park and Shore is a community developed by Strategic Capital. It is located at 75 Park Lane South and 2 Shore Lane. It has a total of 429 units, ranging in size from 709 square feet to 1,458 square feet.
Residences are open with oversized windows. Bathrooms feature arctic white marble flooring and walls, a stone vanity and Duravit and Kohler fixtures. Wide oak flooring runs throughout each home.
The penthouse includes a library and a living room that opens onto a generous balcony, which runs the width of the building.
Amenities include: golf simulator, spa, pet center, wine tasting lounge with private tasting room, and a sky lounge.
Pricing starts at $700,000.
Each residence has a unique floorplan in two- to three-bedroom layouts with spacious living areas and kitchens, as well as ample storage. Units feature Jenn Air stainless steel appliances, in-unit Whirlpool washers and dryers, and Crestron-brand smart home technology. Many units include private outdoor space.
Amenities include: smart home technology, outdoor space and a common rooftop deck.
Pricing starts at $810,000.
4. The Village Lofts
The modern floor-through residences feature floor-to-ceiling windows, custom Ipe doors and an Italian-made video intercom with virtual doorman features. Kitchens are stocked with premium Miele appliances. Units include Nest-brand smart thermostats.
Amenities include: common landscaped outdoor space.
Pricing starts at $819,000.
5. 99 Hudson Street
Developed by China Overseas America, Inc., 99 Hudson Street will be the tallest residential building in Jersey City when it is completed. It has a total of 781 units, ranging in size from 758 square feet to 1,285 square feet. 99 Hudson Street offers stunning views of New York Harbor and is located near both the PATH and Manhattan ferry service.
Residences boast floor-to-ceiling windows, spacious open plans, oak flooring and Kohler finishes. Bathrooms were designed to offer a spa-like experience and kitchens feature a suite of premium appliances.
Amenities include: on-site parking, golf simulator, screening room, pool and cabanas, spa and a cafe.
Pricing for available units starts at $889,000.