Marlon Wise's Blog: Jersey City’s ‘ultra luxury’ Park and Shore condos launch sales from $695K

It's the first condo development to launch sales in Newport in nearly a decade

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."

A living room and kitchen of 75 Park Lane.

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. Both buildings will offer amenities that include swimming pools, fitness centers, children's play area, spas, game rooms, golf simulators, co-working areas, and more.

Peek some of the floorplans below.

What $770,000, and then $1.75 million buy at Shore House: