JERSEY CITY, NJ – While location will always play a critical role in the decision to purchase a home, value has taken on a new level of importance as today’s buyers are more focused than ever on receiving the most bang for their hard-earned buck.
At Crescent Court, both requirements are being met as aggressive pricing starting in the low-$300,000s, enclosed parking at no extra cost, expansive condominium homes and a convenient downtown Jersey City location have caught the attention of today’s discerning buyers.
As a result, more than 50% of Crescent Court’s 54 homes have now been sold, according to The Matzel and Mumford Organization, which is developing the distinctive new four-story condominium building at the intersection of Merseles and 2nd Street just a few short blocks from the area’s mass transportation options and dynamic restaurants, shops and cultural attractions.
“We’re in the midst of a truly historic real estate market where excess is a luxury of the past,” notes Glenn Ward, Vice President of Sales and Marketing for Matzel and Mumford. “Today’s buyers demand value, and the higher concentration of activity is occurring at lower price points where buyers are less leveraged, have a better chance of receiving financing, and feel more confident in their purchase. At Crescent Court, we’re able to deliver a newly-built residence with an expansive floorplan, upscale finishes and appointments, private outdoor space and enclosed parking — a $20 to $30,000 value compared with condominiums that charge extra – for just over $300,000. Combined with today’s low interest rates, that’s a compelling opportunity that is clearly gaining traction with buyers.”
Crescent Court’s impressive one- and two-bedroom residences range in size from 863 to 1,916 square feet of living space priced from the low-$300,000 – which includes one enclosed parking space.
Condominium residences boast such upscale amenities and finishes as hardwood flooring throughout the living and kitchen areas, contemporary kitchens with granite countertops and breakfast bars, GE Profile Architect Series stainless steel appliances, sumptuous master baths with designer selected ceramic tile with solid surface vanity tops, sleek frameless shower doors and soaking tubs (per plan).
Crescent Court’s private parking garage offers direct access to the building with an elevator that opens to the professionally decorated lobby and common hallways.
The community’s central focal point will be its heavily landscaped rear terrace courtyard located at the lobby level. The outdoor common amenity has been designed to offer residents a private retreat within an urban setting.
Crescent Court’s location will provide easy access to Jersey City’s historic and vibrant downtown districts, as well as numerous public transportation options including PATH and Ferry Service to Manhattan. The New Jersey Turnpike is also close at hand, bringing the Garden State’s business and recreational pursuits within easy reach.
Surrounded by museums and art galleries, historic buildings and over 1,500 acres of parks and open spaces – including Liberty State Park, an 1,122-acre public park hugging New York Harbor and facing downtown Manhattan — residents of Crescent Court will find no shortage of recreational and cultural attractions.
There’s also an endless array of dining options, not to mention a full offering of neighborhood bars, pubs and cafes.
For more information on Crescent Court or to schedule a Hard Hat Tour, please call 201-222-2745 or visit
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