Condo For Sale in Jersey City, NJ

MLS# : 250011499

Street : 40 WRIGHT AVE
Price : $1,495,000
Town : Jersey City, NJ 07306
Monthly Maintenance : $0
General Tax Rate (2023) : 2.246%

PROPERTY DETAILS

Bedrooms : 4
Full Baths :
Half Baths :
Garage :
Building Type :
Building/Complex :
Laundry :
Misc : Near Train,Near Bus,Near Parks,Near Schools,Near Path

PROPERTY DESCRIPTION

Welcome to this stunning, newly constructed condo located in the highly desirable Marion section of Jersey City’s Journal Square neighborhood! This expansive home offers 4 bedrooms, 2 dens, 2 full bathrooms, 2 half bathrooms, an attached garage, private balcony, and a rooftop oasis. With the option to divide into two separate units, this property offers exceptional flexibility—ideal for multi-generational living or a savvy investment opportunity. Featuring beautiful hardwood floors throughout, high ceilings, and large Andersen windows that flood the space with natural light, this home is both inviting and elegant. The sleek kitchen is equipped with brand new appliances, perfect for both everyday living and entertaining. Additional highlights include a private office space or multi-functional den, perfect for working from home, and a secure attached garage. Enjoy the outdoors from your private balcony or retreat to the rooftop for quiet relaxation or hosting guests. Built with thoughtful design and modern amenities, this property includes a 10-year builder's new construction warranty. The builder will also file for a 5-year tax abatement. Whether you're looking for a luxurious primary residence or a high-potential investment property, this home checks every box!

Amenities

  • Terrace
  • Hardwood Floor
  • PRIVATE ROOF TOP
Appliances Included :

Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas

This listing is a courtesy of REMAX NOW
201-891-8000 office, listing agent CHARLES SOHN

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.

Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
Population:  267,345
Total Housing Units:  104,018
Single Family Homes:  36,684
Apartments:  67,334
General Tax Rate (2023):  2.246%
Effective Tax Rate (2023):  1.944%
Compare To Other Towns

Jersey City Market Indicators

PRICE INDEX

Average Price* (12mo):  $715,928
Homes Sold* (12mo):  228
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $667,015
Apatments Sold* (12mo):  1,089
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.246%
Effective Tax Rate (2023):  1.944%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
551-358-4252 (cell)

Madisom Adams Sales Associate Henry A. Washington


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Real estate inventory
Jersey City
Homes : $350,000 - 3,495,000 46
Condos : $150,000 - 4,048,000 497
Co-ops : $475,000 - 839,000 6
Twnhs : $369,000 - 2,099,000 10
2-4 Fam : $330,500 - 3,495,000 115
5+ Fam : $1,299,999 - 1,650,000 2
Land : $325,000 - 7,500,000 20
Rentals : $1,600 - 16,500 50
Mixd Use : $649,999 - 1,650,000 5
Com S : -
Com L : -
Biz : $60,000 - 2,000,000 6


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 06/07/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com