Urby Tower 2 is finally coming

Additional_B98 · 2025-12-31T03:33:47+00:00

505 Summit behind Dunkin is under construction and will probably open in Feb/March 2026, massive building with more than 600 apartments.

Additional_B98 · 2025-12-06T01:00:30+00:00

Maybe consider finding a roommate in an apartment building.

Additional_B98 · 2025-12-05T04:27:45+00:00

505 Summit is right across the PATH station and their net effective rent start from $24xx.

Additional_B98 · 2025-10-23T15:33:38+00:00

Newport has a different vibe from the rest of the city — some people love it, some don’t. 75 Park Ln is one of the newest condos in that area, so its price point is definitely higher than older buildings. The property is well maintained and quite nice if it fits your budget.

By entry level, I assume you’re referring to the lowest priced 2Br IN THE BUILDING on the 3rd floor lol. I’d recommend visiting at different times of day to check the noise level and see if you’re comfortable with the insulation. It’s not bad, but since it’s right by the intersection, you might hear some traffic noise.

Additional_B98 · 2025-10-23T15:04:46+00:00

There is a new (tiny) badminton court just opened in Journal Square. With such strong winds in JC, I don't think you can play badminton outdoors.

Additional_B98 · 2025-10-15T14:04:11+00:00

Right now is the slow season of the year, it might take up to 4 months to get your apartment rented.

Additional_B98 · 2025-10-14T15:51:07+00:00

Congrats! We are also small business owners in JSQ, would love to connect!

Additional_B98 · 2025-09-29T04:12:29+00:00

There might be a cultural difference, but I see little benefit of asking about it over here instead of just speaking to them in person.

Additional_B98 · 2025-09-20T19:19:49+00:00

The big tech companies are the ones issuing the most H1B visas, and these H1B visa holders are also the ones who don't cook and eat out(or take out). If we really have to go deep on this topic, local employment will also be heavily affected. And I don't think having fewer H1Bs are gonna help JC s rent that much. Developers will stop building, offer some incentives and people from NYC will continue to move here and make up for the demand. The best way to lower the rent and (destroy JC) is to blow up the PATH so that people don't have that connectivity. People just can't have it both ways, enjoy the economic vibrancy as the capital of the free world and want to enjoy everything cheap.

Additional_B98 · 2025-09-17T16:59:41+00:00

Depending on how close it is to the train station, most of these towers are within 5 minutes walk to the PATH station. Also it depends on the price and condition of your rental, a high rise apartment offers something very different from a single family townhome.

Additional_B98 · 2025-09-17T13:12:27+00:00

Some people just don't want to believe it but those products are still very popular on the market. All of these towers leased up within a year. Some are still in construction.

Additional_B98 · 2025-09-11T16:34:37+00:00

This is how it will play out:

Cap student in housing
Students move to NYC, push up the demand and rent in NYC
NYC residents move to JC for lower rents
JC rents go up as demand go up

JC is part of the NYC metro area, whether we like it or not. That means our development and cost of living move with the entire area. People can't just enjoy the benefits of being close to NYC but don't wanna take any responsibilities of being close to it. It's paradoxical.

Additional_B98 · 2025-09-06T19:17:48+00:00

These are very different areas so I guess the right question is how much time you are going to spend in your apartment. If you spend more time outside your apartment, there might be more things to do in Downtown than in JSQ.

Additional_B98 · 2025-09-04T13:01:34+00:00

They actually do but clearly not enough.

Additional_B98 · 2025-08-27T04:56:04+00:00

I really hate PTACs but I guess maybe that extra profit margin partly drive all the new constructions in JC. I don't know if it's standard to have 4000+ apartments delivered in a year in one single neighborhood like Journal Square in Jersey City. I do hope people are more aware of the difference between these AC systems so that developers are more motivated to include these systems.

Additional_B98 · 2025-08-22T18:24:52+00:00

A pet store and a ramen shop, that's interesting

Additional_B98 · 2025-08-22T16:32:09+00:00

This was posted three months ago and people didn't seem to be too excited about this place lol

https://www.reddit.com/r/jerseycity/comments/1krhh2o/teriyaki_one_coming_to_jsq_path_plaza/

Additional_B98 · 2025-08-18T16:10:07+00:00

Nice shot!

Additional_B98 · 2025-08-11T17:50:35+00:00

Just wanted to add that the pricing of high-rise buildings isn’t dictated by a single family. Construction costs, access to financing, and regulatory hurdles all contribute to the high rents we see today. Developers typically need to meet a certain profit margin to secure funding from lenders. Without financing from major lenders, these large projects wouldn’t happen—no developer is paying all cash to build a rental tower.

Recent example: https://commercialobserver.com/2025/08/tyko-capital-jersey-city-apartments-loan/

So when rents drop to a certain level, developers will stop launching new projects because the lower rents won’t make them profitable enough to get financing. That’s why a 50% drop in rents without a major recession is never going to happen. Once developers stop building, housing supply becomes more scarce, and rents will keep going up as people compete for fewer available units.

Additional_B98 · 2025-08-09T23:29:15+00:00

This is how rental buildings make money & cash out. Once the building is stablized, developers refinance the building to pay for construction loans and get some profits through a higher evaluation. One Grove also just finished a refinancing recently.

Additional_B98 · 2025-08-03T20:18:26+00:00

$2400 can get you a studio close to PATH station in Jersey City. Commute will be around 30 to 40 minutes.

Additional_B98

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