99 Hudson is New Jersey’s tallest residential building — Courtesy: 99 Hudson
By Joshua Burd
A buyer has paid nearly $4 million for a home at a newly delivered, 79-story condominium tower along the Jersey City waterfront.
The developer and marketing team at 99 Hudson, the state’s tallest residential building, said the 2,473-square-foot penthouse sold for $3.9 million. They described it as the highest-priced residential condominium closing in Jersey City history, adding that the 75th-floor unit was delivered without walls or finishes, providing the buyer with a blank canvas.
“This sale is notable on several fronts,” said Jacqueline Urgo, president of The Marketing Directors, the marketing and sales agent for 99 Hudson. “First and foremost, it set a new sales record for a residential condominium in Jersey City, an extraordinary feat when considering the housing market challenges over the past 12 months. Secondly, the notable contract price was achieved on a white box home, allowing the new owner to customize their dream home 800 feet in the air.”
In a news release, the team said the penthouse includes 1,167 square feet of private outdoor space providing panoramic views of Manhattan and the Statue of Liberty. The downtown property has completed nearly 200 closings to date, offering homes ranging from studios to two-bedroom units and a handful of top-floor penthouses.
Pricing ranges from $548,000 to more than $4 million.
Designed by Perkins Eastman, 99 Hudson features upscale interiors and 65,000 square feet of indoor and outdoor amenities. Those spaces include an eighth-floor amenity deck boasting an 80-foot-by-50-foot swimming pool, cabanas and dining areas, along with features such as a residents-only spa, a modern 3,800-square-foot fitness center and a host of social spaces.
In announcing the sale, the marketing team also highlighted a location that is steps from the Exchange Place PATH station and NY Waterway ferry service, along with the adjacent light rail station. Also nearby is Newark Avenue, a hub for dining, and a host of options for recreation.
