159 Second St, Jersey City
Condominium · built 2006 · Block 11502, Lot 4.
Building permits
- Alteration, issued Sep 2, 2025, estimated cost $54K, described as “Install (1) Boiler Replacement”
- Alteration, issued Jul 23, 2025, estimated cost $73K, described as “Kitchen & bathroom renovation per plans”
- Alteration, issued Apr 1, 2025, estimated cost $133K, described as “Balcony and terrace repairs installation of temporary outrigger scaffolding as per plans”
- Alteration, issued Feb 4, 2025, estimated cost $16K, described as “Water Source Heat Pump Replacement”
- Alteration, issued Oct 10, 2024, estimated cost $13K, described as “Installation of (1) Water Source Heat Pump”
- Alteration, issued Oct 1, 2024, estimated cost $13K, described as “Installation of (1) Water Source Heat Pump”
- Alteration — Multi-Family, issued Nov 16, 2022, estimated cost $2K
- Alteration — Multi-Family, issued Oct 13, 2022, estimated cost $11K
- Alteration — Multi-Family, issued Aug 18, 2022, estimated cost $10K
- Alteration — Multi-Family, issued Jan 21, 2022, estimated cost $9K
- Alteration — Multi-Family, issued Nov 1, 2021, estimated cost $5K
- Alteration, issued Dec 2, 2020, described as “Demo ecisting wall to mail boxes. Frame partition walls for ADA mail boxes. Exterior brick walls, install new ceiling”
- Alteration — Residential, issued Dec 18, 2019, estimated cost $11K
- Alteration, issued Oct 22, 2019, described as “Remove spiral staircase and built loft platform with new wooden steps with 8”
- Alteration, issued May 2, 2019, described as “Installation of one gas package unit replacement”
- Alteration, issued May 2, 2019, described as “Installation of one water source heat pump replacement”
- Alteration, issued Mar 5, 2019, described as “Installation of two (2) boilers and two (2) water heater replacements”
- Alteration, issued Jan 26, 2016, described as “Cmu wall reinforcement of beams. See plan from engineer”
- Alteration, issued Aug 27, 2014, described as “Replace all oil buffers in the pit and test after installation and overhaul all gov tension sheaves and replace gov ropes, and replace whisper guides which are rusted”
- Alteration, issued Aug 27, 2014, described as “Replace the leveling tape and magnets on the #1 elevator and replace all oil buffers in the pit and test after installation and overhaul all gov tension sheaves and replace gov ropes, and replace whisper guides which are rusted”
- Alteration — Multi-Family, issued Feb 27, 2014, estimated cost $34K
- Alteration, issued Jul 25, 2013, described as “One Vertical Wheelchair Lift”
- Alteration — Multi-Family, issued May 28, 2013, estimated cost $53K
- Alteration, issued Mar 27, 2013, described as “Fit-out existing commercial space to expand existing day care center into adjacent vacant tenant space as per plans”
Property taxes
- Assessment
- $4,864,600
- 2025 tax
- $113,593
- Assessed land
- $3,935,700
- Assessed improvements
- $928,900
- Condo units with their own tax lots
- 84
Tax breaks
- PILOT for market-rate housing, through Dec 13, 2026, $337,630 a year below the full tax.
Zoning
Powerhouse Arts District Redevelopment Plan, Transition Zone.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 9 ft (NAVD88). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Recent sales
- May 16, 2026: $640,000, Unit 0404, 890 sq ft, sold with other lots
- Apr 28, 2026: $570,000, Unit 0403, 829 sq ft, sold with other lots
- Mar 19, 2026: $65,000, Unit 0205, 910 sq ft, sold with other lots
- Aug 15, 2025: $809,000, Unit 0805, 942 sq ft, sold with other lots
- Apr 30, 2025: $1,100,000, Unit 1003, 1,149 sq ft, sold with other lots
- Nov 27, 2024: $975,000, Unit 1103, 1,149 sq ft, sold with other lots
- Nov 27, 2024: $975,000, Unit 1103, 1,149 sq ft ($849 per sq ft)
- Oct 7, 2024: $990,000, Unit 0705, 1,411 sq ft, sold with other lots
- Jul 16, 2024: $1,115,000, Unit 0409, 1,305 sq ft, sold with other lots
- May 8, 2024: $710,000, Unit 0607, 910 sq ft, sold with other lots
The 10 most recent of 33 open-market sales since mid-2019, from the state’s SR1A sales file.
Board and land use applications
- Waldo Lofts: Completed, 82 units, 12 stories, 6,753 sq ft retail, 40 parking spaces