1 Shore Lane

1 Shore Lane is a condo located in Newport, Jersey City. The building was first built in 2008 and is 16 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 79 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 150 days and tend to sell below the original asking price of $982,000 by 6.16%. Meaning, listings tend to sell at a median of $762 price per square foot. The transaction that took the longest to complete was unit 315, listed on Dec 12, 2019 for $1,199,000. This particular unit ultimately sold 267 days later for $1,120,000. The most recent transaction was for unit 1012, which was first advertised on Jun 01, 2021, sold for $999,000 on Oct 07, 2021. Fun fact, the oldest transaction we have on record took place on May 09, 2008. See the full transaction history for 1 Shore Lane below.

Newport, where 1 Shore Lane is located, has a median asking price of $876,500 for condo buildings. Meanwhile, the building itself has a median asking price of $982,000. For interested buyers, that means the building's median asking price is around 1.34% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,650,000. It is a 4 bedroom and 4 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,200,000. It is a 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,650,000. Active units for sale at 1 Shore Lane are mostly 2-bedroom apartments Active units for sale at 1 Shore Lane have a median count of 2 bedrooms and have a median count of 2 bathrooms.