New Jersey is known for having some of the very best urban opportunities in the world—among the best colleges and schools, museums and libraries, as well as some of the finest parks, the most interesting architecture, the most intriguing mix of diverse people, and among the very best collection of historic sites in the nation. For residents, seeing that view on a daily basis does not come cheap.
Residential space in New Jersey is costly especially in urban areas like Hoboken or along the New Jersey Gold Coast or the Jersey Shore, and these days space, more than luxuries, has been the most sought after item in an apartment. Still, location is king, and New Jerseyans have gotten used to living in what others would think of as cramped quarters, while generally not enjoying some of the extras of community living that their apartment-dwelling suburban friends take for granted.
Those days are gone. While location is still an essential aspect of a property’s attractiveness to a potential buyer, it is no longer the only major consideration. For several newer and established properties around town, a building’s amenities are becoming a drawing point in and of themselves.
Among the most luxurious co-op/condo amenities now provided to residents include simulated golf courses, private beaches, 24-hour juice bars, wine cellars, grocery delivery coolers, in-house dog grooming services, yoga studios, media/screening rooms, video arcades for kids, craft rooms, and bowling alleys. Some of these items are becoming passé, while others now are unwritten requirements of a building’s amenities package. But more often these days, that amenities package amounts mostly to the facilities provided in a building, such as a gym, sauna, swimming pool, and a massage room. In those areas, it seems that buyers believe bigger may well be better.
Some of the most luxurious special amenities that New Jersey condo properties are offering today include hundreds of thousands of square feet of space dedicated to resort-style recreational offerings. Residents of the Watermark on Hudson at 8100 River Road in North Bergen can measure the speed and trajectory of their golf game inside a specially designed, climate controlled, golf simulator room. When the city is in the grips of a snowstorm during the winter, residents at the 12-story, 206-unit, luxury condominium can head to an indoor pool, do a few laps, soak in a hot tub or catch a flick in the in-house screening room without leaving the comfort of the building. No PATH train rides are required. There’s also a billiard and card room, guest suites for out-of-town visitors, a coffee bar, and health club with cardio and resistance training zones.