# 1 Shore Lane, Jersey City

Condominium · 223 units · built 2008 · Block 7302, Lot 17.

On Umarelli: https://umarelli.org/jersey-city/7302/17/1-shore-lane

More construction in Newport: https://umarelli.org/jersey-city/downtown/newport.md

## 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.

## 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.

## 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).

## Board and land use applications

- Shore Condo: Completed, 442 units, 28 stories, 45,602 sq ft retail, 1,045 parking spaces

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology