The Wrenn Report:  The Saffron

The Saffron is located at 217 Newark Ave, Jersey City.  The Saffron is a 76 home brand new construction community launching for sale soon in the heart of downtown Jersey City. 

You may ask….ok so it’s yet another condo building up for sale in Jersey City, right?   I would  respond by answering what makes the Saffron’s sales launch so unique is the fact that they are beginning sales with an auction.  Not only is it an auction but a 9 home auction where 9 homes must be sold regardless of price.  Suggested opening bids for the Saffron condos to begin at $175,000 for a one bedroom condo and two bedroom condos are suggested to begin at $250,000.

This is obviously very exciting for anyone shopping in downtown Jersey City for a one or two bedroom condo.  Maintenance fees are reported to be quite low and  the 5 year tax abatement doesn’t hurt either even though it’s on the short side.

The Saffron Community and Home features:

·         Stainless steel appliances

·         Bamboo hardwood floors

·         10’ foot high ceilings

·         Private balconies

·         Fitness center

·         Roof top lounge and sun deck

·         Underground parking

From the information I was given it reads there are washer and dryer hook ups, but I am unsure if the washer & dryer are actually included.

The auction for the Saffron condos is set for November 8^th.

For more information on the auction please visit http://www.sheldongood.com/saffron.php#img

Written by

David Wrenn

Halliburton Homes

t. 201.420.7766

e. dwrenn@halliburtonhomes.com

w. www.crystalpointagent.com