1 Shore Lane, Jersey City
Condominium · 223 units · built 2008 · Block 7302, Lot 17.
Building permits
- Alteration, issued Aug 12, 2026, estimated cost $500, described as “Reactivate Electrical Meter. PSEG requires Cut-in-Card.”
- Alteration, issued Sep 26, 2025, estimated cost $5K, 23 stories, described as “Refacing existing illuminated box panel with back lit lettering - a.k.a. 119 river dr. - sheet plans”
- Alteration, issued Apr 16, 2025, estimated cost $2K, described as “Kitchen & Bathroom Renovation”
- Alteration, issued Apr 19, 2024, estimated cost $4K, described as “CO for barbershop. Total cost of construction: $11,950.”
- Alteration — Multi-Family, issued Nov 5, 2021, estimated cost $800
- Alteration — Multi-Family, issued Apr 5, 2021, estimated cost $8K
- Alteration — Multi-Family, issued Dec 28, 2018, estimated cost $3K
- Alteration, issued Sep 21, 2017, described as “Side walk shed”
- Alteration, issued Sep 1, 2016, described as “Renovation steam room sauna, community room, kitchen bathrooms, media room, ceiling and replace tile”
- Alteration, issued Nov 14, 2014, described as “Direct replacement of heating/cooling water riser expansion compensators”
- Alteration, issued Nov 26, 2013, described as “Alterations to restore apts #s 1810 and 1811”
Property taxes
- Assessment
- $14,895,000
- 2025 tax
- $347,803
- Assessed land
- $13,336,200
- Assessed improvements
- $1,558,800
- Condo units with their own tax lots
- 222
Tax breaks
- PILOT for market-rate housing, through Feb 18, 2028, $1,499,272 a year below the full tax.
Zoning
Newport Redevelopment Plan, Residential Northern.
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 12 ft (NAVD88).
Recent sales
- Jun 3, 2026: $1,548,000, Unit 0619, 2,255 sq ft, sold with other lots
- May 28, 2026: $1,120,000, Unit 0316, 1,545 sq ft, sold with other lots
- Mar 11, 2026: $730,000, Unit 1809, 780 sq ft, sold with other lots
- Oct 27, 2025: $1,215,000, Unit 2511, 1,270 sq ft, sold with other lots
- Oct 16, 2025: $820,000, Unit 1208, 925 sq ft, sold with other lots
- Aug 7, 2025: $710,000, Unit 1206, 800 sq ft, sold with other lots
- Jul 22, 2025: $1,320,000, Unit 2012, 1,335 sq ft ($989 per sq ft)
- Jul 16, 2025: $1,230,000, Unit 2210, 1,280 sq ft, sold with other lots
- May 28, 2025: $1,170,000, Unit 1810, 1,280 sq ft, sold with other lots
- Apr 28, 2025: $970,000, Unit 0806, 1,175 sq ft, sold with other lots
The 10 most recent of 67 open-market sales since mid-2019, from the state’s SR1A sales file.
Board and land use applications
- Shore Condo: Completed, 442 units, 28 stories, 45,602 sq ft retail, 1,045 parking spaces