Sales Open For Boutique Condo Building in Historic Downtown Jersey City, NJ

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Sales have opened at Ivy House, a new boutique condominium building located at 154-158 Steuben Street in downtown Jersey City. With downtown Jersey City being recognized as one of the strongest housing markets in New Jersey, the attractive seven-story condominium building has debuted to the public following an extremely successful presales campaign in which several of the upscale residences have already been sold.

Ivy House, a new luxury condominium building in downtown Jersey City, NJ

It's a primary reason the building has drawn so much interest from former renters who are discovering they can purchase here with monthly payments equal to what they are now spending on rent. These homes are being made even more attractive thanks to a temporary tax abatement Ivy House has been granted.

Sales have opened at Ivy House, a new boutique condominium building located at 154-158 Steuben Street in downtown Jersey City, NJ.

With downtown Jersey City being recognized as one of the strongest housing markets in New Jersey, the attractive seven-story condominium building has debuted to the public following an extremely successful presales campaign in which several of the upscale residences were sold, reports James Caulfield, Jr., a principal of Fields Development Group, which is developing Ivy House in joint venture with TreeTop Development.

Homes at Ivy House are being offered at preconstruction prices beginning in the upper $300's.

"We believe the early interest and sales activity we've experienced at Ivy House confirms that Jersey City continues to remain healthier than most of the surrounding housing markets," Mr. Caulfield comments.

"Much of this can be attributed to the numerous advantages inherent in this area, including proximity to Manhattan, mass transportation options, a vibrant commercial sector, numerous cultural and recreatioanl pursuits and an eclectic offering of dining and nightlife options. Also contributing to our success is the type of product and lifestyle offered here. At Ivy House, we are introducing cutting edge one-and two-bedroom home designs featuring upscale appointments at an exceptional price point well below what is typically found in surrounding high-rise buildings in Jersey City and Manhattan. And we are developing these homes in a commuter-friendly location right across the street from the Grove Sreet PATH Station and in a desirable urban environment."

Residences at Ivy House will be distinguished by the latest in architectural trends, with interiors featuring contemporary finishes such as nine-foot volume ceilings, large windows, hardwood flooring, kitchens with upgraded cabinetry, stone countertops, a full ensemble of stainless steel appliances including GE and Bosch products and lavish master bath suites with ceramic tile and stone vanity countertops. All two-bedroom homes feature a private terrace, while penthouses offer private rooftop decks.

The building also features an elegant glass lobby and a host of amenities including a common roof deck with sun deck, kitchenette and incredible views. A limited number on-site parking spaces will be available for purchase to the residents.

"While Ivy House is a unique opportunity for homeownership, no detail has been spared in these upscale residences," adds Adam Mermelstein, a principal in TreeTop Development. "It's a primary reason the building has drawn so much interest from former renters who are discovering they can purchase here with monthly payments equal to what they are now spending on rent. These homes are being made even more attractive thanks to a temporary tax abatement Ivy House has been granted."

The location of Ivy House, which is so close to the Grove Street PATH Station, provides easy access to the business centers in New York City and along New Jersey's Hudson River 'Gold Coast.' World class shopping and restaurants can be found just minutes away in Manhattan and throughout downtown Jersey City.

For additional information on Ivy House, please call (201) 533-9500 or visit http://www.ivyhousejc.com.

Contact:
Robert Kelly
Vice President
CAHN Communications
201-876-3100

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