# 20 Newport Parkway, Jersey City

Condominium · 219 units · built 2007 · Block 7302, Lot 21.

On Umarelli: https://umarelli.org/jersey-city/7302/21/20-newport-parkway

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

## Building permits

- Alteration, issued Jun 11, 2025, estimated cost $7K, described as “Install receptacle for Electric Grill. Amenities - Penthouse Level”
- Alteration, issued Feb 4, 2025, estimated cost $30K, described as “Replace three existing chillers.”
- Alteration, issued Aug 1, 2024, estimated cost $288K, described as “Direct replacement of 3 HVAC units located on the roof.”
- Alteration — Multi-Family, issued Dec 16, 2022, estimated cost $15K
- Alteration — Multi-Family, issued Oct 21, 2022, estimated cost $1K
- Alteration — Commercial, issued Mar 8, 2022, estimated cost $5K
- Alteration — Residential, issued Jan 27, 2021, estimated cost $70K
- Alteration, issued Oct 7, 2020, described as “Replace bathroom, remove tub replace with walk-in tub”
- Alteration — Residential, issued Oct 9, 2018, estimated cost $3K
- Alteration, issued Aug 15, 2018, described as “Construction of 10ft. fence”
- Alteration, issued Jun 5, 2018, described as “Install 2 - 3 ton central a/c units”
- Alteration, issued Sep 27, 2017, described as “Replace existing hot water storage tanks”
- Alteration, issued Aug 11, 2017, described as “Install new light fixtures, receptacles, switches”
- Alteration, issued May 1, 2017, described as “Emergency disconnect/shutdown for amp service/panels. Reconnect.”
- Alteration, issued Feb 8, 2017, described as “12 electrical boxes 250 ft. #14 wiring 2 single switches”
- Alteration — Multi-Family, issued Jan 4, 2017, estimated cost $3K
- Alteration, issued Feb 4, 2002, described as “One Wheel Chair Lift”

## Property taxes

- Assessment: $16,644,900
- 2025 tax: $388,665
- Assessed land: $14,776,900
- Assessed improvements: $1,868,000
- Condo units with their own tax lots: 218

## Tax breaks

- PILOT for market-rate housing, through Feb 12, 2027, $1,290,519 a year below the full tax.

## Zoning

Newport Redevelopment Plan, Residential Northern.

## Recent sales

- May 12, 2026: $710,000, Unit 2609, 780 sq ft, sold with other lots
- Apr 10, 2026: $725,000, Unit 2309, 780 sq ft, sold with other lots
- Dec 3, 2025: $735,000, Unit 2606, 780 sq ft, sold with other lots
- Nov 9, 2025: $700,000, Unit 2103, 840 sq ft, sold with other lots
- Oct 16, 2025: $1,090,000, Unit 1011, 1,270 sq ft, sold with other lots
- Jul 24, 2025: $668,000, Unit 1006, 780 sq ft, sold with other lots
- Jul 23, 2025: $1,450,000, Unit 0618, 2,020 sq ft, sold with other lots
- Apr 28, 2025: $1,175,000, Unit 2010, 1,280 sq ft, sold with other lots
- Apr 11, 2025: $1,085,000, Unit 2302, 1,110 sq ft ($977 per sq ft)
- Mar 4, 2025: $999,999, Unit 1502, 1,110 sq ft, sold with other lots

The 10 most recent of 66 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