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PRICE IMPROVED! AMAZING DEAL: Rate Buy-Down Opportunity – Lock in 4.85% for Year 1, 5.85% for Year 2!

Ready to own a stunning home at an incredible rate? Here’s your chance to secure a buy-down for the best mortgage deal available. Year 1: 4.85%, Year 2: 5.85%. This is a limited-time offer based on today’s rates, subject to market conditions and lender approval.

Location, Location, Location! Nestled in the Boatworks Community, this home offers the perfect blend of comfort and convenience. Enjoy a morning coffee by the pool or take a relaxing walk along the riverwalk. The property is within walking distance to the 8th Street Light Rail Station, providing easy access to Jersey City, Hoboken, and the PATH Train to New York City. For added convenience, buses to Manhattan and Jersey City are right at your doorstep.

The main floor features an open-concept living space, including a chef’s dream kitchen with brand-new, state-of-the-art appliances, including a smart fridge, dishwasher, and stove with a built-in air fryer—all controllable via your phone. This floor also includes a flexible office/guest bedroom and a patio, perfect for enjoying sunrise coffee or evening cocktails. The second floor is home to a luxurious main suite with cathedral ceilings, an ensuite bath featuring dual vanities, a soaking tub, and a separate shower stall. Another bedroom, a full bath, and a laundry room complete this floor.

This property offers more than just a home; it provides a lifestyle. Enjoy the outdoor pool for summer relaxation, leisurely strolls or bike rides along the riverwalk, and the convenience of guest parking. The home comes with two dedicated parking spaces, a garage, and a driveway, ensuring convenience for your busy lifestyle. HOA fees include snow removal, trash disposal, water, and your two parking spots, offering a truly hassle-free living experience.

With a buy-down offer locking in 4.85% for Year 1 and 5.85% for Year 2, this is a rare opportunity to secure a discounted rate and make your dream home more affordable than ever. This offer will save you money upfront, meaning more money in your pocket and less stress on your budget. Don’t miss out on this incredible opportunity to own a home in a highly sought-after location.

Contact me to request a showing at 201-232-8577. 

Here are some of the factors that affect home prices in communities:

Neighborhood comps including recency and feature similarity.

Location. Access to amenities, good schools, transportation, and views especially water views and skylines.

Home size and usable space including number of bedrooms and bathrooms.

Age and condition. Except in areas where homes are typically older and historic, a well maintained home has a higher appraisal value.

Upgrades and updates. Updates increase market values and appeal to potential buyers especially when they address outdated features like bathrooms, kitchens, and major systems like heating and cooling.

Economic indicators. Broader economic condition affect local markets.

Interest rates, and supply and demand. Low interest rates reduce the cost of borrowing and increases the demand for housing, driving up prices. Higher interest rates can slow the housing market by making mortgages more expensive.

Curious about the value of your home? Janice Hall is the realtor to call 201.232.8577

There was a 44% decrease in sales activity in the Boatworks community from May 2023 to May 2024 compared to the same period May 2022 to May 2023. In May 22/23 nine new listings came to the market, while only 4 new listings came on the market May 2023/24.

During May 23/24 the average sold price increased to $537,249. In 2022/23 the average price was $484,000.

If you are interested in finding out what your home is worth, Janice Hall is the realtor to all at 201.232.8577.

The 2022 Holiday Tree Lighting will be fun. Caroling around the community, live music, hot apple cider and a visit from City officials. Come join us! For more information about the Tree Lighting contact Janice Hall 201.232.8577

And it’s a wrap. Sold for the highest price in over 12 years.

Boatworks is a community of 160 triplex townhomes located along Newark Bay. It was developed in 2004/2005 by Baker Residential, has 2 bedrooms, 2.5 baths with homes ranging between 1375 sq ft and 2400 sq ft.

It is a private community with lush landscaping, an outdoor community pool, a boardwalk and visitors’ parking. It was built on the former Elco Launch Company site that manufactured PT boats during world wars 1 & 11.

If you are interested in finding a place to call home contact Janice Hall Weichert Realtors 201.232.8577