The first condo development in the Jersey City neighborhood of Newport in almost a decade has launched sales. The 429 condos of Park and Shore bring New York City-priced apartments to a place long held onto as a respite from rising prices.
Condos in both 75 Park Lane and Shore House, the two buildings that make up the project, have hit the market. At 75 Park Lane, available condos range from a 713-square-foot one-bedroom, one-bathroom asking $695,000 to an 1,800-square-foot three-bedroom, three-bathroom with outdoor space seeking $2.38 million.
At Shore House, condos up for grabs range from an 822-square-foot one-bedroom, one-bathroom seeking $770,000 to a 1,458-square-foot two-bedroom, two-bathroom on the market for $1.75 million.
The buildings are designed inside and out by Woods Bagot, of New York City’s Baccarat Hotel & Residences, so let that be a vote of confidence in just how “ultra luxury” this New Jersey development will be. A higher up at Strategic Capital, the project’s developer, does not shy back from the property’s affiliation with luxury, calling it the “pinnacle of quality residential development in Jersey City.”
To recap the project: 75 Park Lane will be 37 stories and contain 358 apartments ranging from studios through three-bedrooms, along with some penthouses. Shore House will be adjacent to 75 Park Lane and will feature "the industrial style found in Tribeca and Brooklyn," according to marketing materials. There will be significantly fewer units here, with just 71 one- and two-bedroom apartments. The buildings will have a shared set of amenities located at 75 Park Lane that include a swimming pool, gym, children’s play area, spa, game room, golf simulator, co-working area, and more.
Peek some of the floorplans below.
What $770,000, and then $1.75 million buy at Shore House:
What $695,000, and then $2.38 million buy at 75 Park Lane:
- Park and Shore [official]