In the year since the coronavirus pandemic upended daily life overnight, a few real estate market trends have emerged, not the least of which is buyers are flocking to New Jersey, especially Jersey City. There’s no shortage of luxury offerings for the discerning post-COVID buyer; however, Park and Shore, with its spacious layouts, 20,000+ square feet of amenities, and proximity to parks, the waterfront, plenty of services, and the PATH train, has experienced a boom in new residents. Park and Shore is currently offering new buyer incentives, including the buyer’s first year real estate taxes paid by the sponsor. To learn more about the new buyer incentives, call 201-798-0008.
Buyers now are looking for more: more space, more amenities, more fresh air, more convenience, and Park and Shore offers more in spades. The striking pair of residential buildings marries world-class design with Manhattan-caliber amenities just minutes from everything, including Newport Green Park, the Hudson River waterfront, Downtown Jersey City, and the Newport PATH station.
Grand floor plans, with space to accomplish the everyday comfortably and space still to grow, top buyers’ must-have lists and Park and Shore offers an array of options. 75 Park Lane rises 37 stories and features a high-rise luxury lifestyle while 2 Shore Lane, aka Shore House, is just seven stories and features more intimate Tribeca-inspired homes. Both have spacious open layouts with large windows for excellent light and air, plus expansive views, and considered high-end finishes. The buildings are modern architectural marvels with Woods Bagot of New York’s Baccarat Hotel and Residences at the helm of interior and exterior design.
Unique amenities also top prospective buyers’ lists and 20,000+ square feet inside and out attracts the resident who needs and wants more than just the standard shared spaces.
75 Park Lane is topped by the Sky Lounge and residents of both buildings have access to a full-size kitchen, wine tasting lounge, and a private dining room.
The 80-foot heated indoor lap pool and spa are the centerpiece of the state-of-the-art fitness center at Park Lane and elevated outdoor space includes airy and separated grilling areas and even a chic putting green.
Urban living without the density of New York City is definitely what many buyers are after, as well as easy access to the outdoors. Park and Shore is directly across the street from Newport Green Park, a four-acre oasis complete with a sandy beach, and the picturesque Hudson River Waterfront Walkway that connects miles and miles of the Gold Coast and offers breathtaking views of Manhattan from the George Washington Bridge to the Statue of Liberty.
As covered in Forbes, “The hottest housing markets in the new landscape are cities which offer desirable amenities—larger homes, leafy neighborhoods, access to the outdoors, walkability and proximity to grocery stores—in a more affordable package,” says realtor.com’s Ratiu. “Home buyers still want to be within commuting distance of large employment centers, but with the prevalence of remote work, they are willing to extend the distance from urban downtowns.”
Location and convenience also distinguish Jersey City as one of the most desirable places to live and Park and Shore is ideally situated Downtown, minutes away from the Newport PATH station and the Hoboken PATH station/ferry terminal/NJ Transit connection. Newport Centre Mall and countless services, including grocery stores, cafes, bars, restaurants, and shops are also easily accessible.
Buyers looking to upgrade in every sense of the word needn’t look any further than Park and Shore. The premier waterfront condominium checks every post-COVID box, offering luxurious certainty for the foreseeable future. Studio residences are starting at $600,000, one-bedrooms start at $725,000, two-bedrooms start at $1,105,000, and three-bedrooms start at $2,215,000.
Park and Shore is currently offering new buyer incentives, including the buyer’s first year real estate taxes paid by the sponsor. To learn more about the new buyer incentives, call 201-798-0008.