Cool, thanks! Honestly surprised it’s not more than a 1M for that view
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Jersey City real estate is super undervalued
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One of the things that is killing it is the property taxes here. For new constructions, it’s effectively 1.8%-1.9%.
Damn! that’s about $1400 a month on a $900,000 property
and that’s no even counting the condo fee as well.
Yep, so for a regular 1Br apartment your monthly expenses would be well over $2000. The current market rent for the same layout would be around $4000.
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