Living in North Jersey is known for many things. It’s known for convenience. It’s known for vibrancy. But one thing it’s not known for is its low taxes.
Unless you live at Nine on the Hudson, the resort-style condominium community perched majestically over Port Imperial in West New York. Because here, a unique tax abatement program will keep more cash in homeowners’ pockets for the next twenty years. And not just a little bit of cash either. We’re talking about expected savings of over a quarter of a million dollars on the purchase of $1 million worth of home.
How does Nine on the Hudson’s tax abatement program, the only one of its kind in Port Imperial, save homeowners money? Simple. You’ll pay an assessed tax rate far below the standard 2.673% for the first 20 years of home ownership. Let’s break it down.
- In years 1 through 10, the abatement tax rate is just 1.10%, translating to $15,730 of tax savings per year.
- Years 11 through 15 are assessed at 1.26%, representing savings of $14,130 off the standard tax rate.
- In years 16 and 17 you’ll retain an extra $10,830 per year thanks to a 1.59% tax rate.
- Finally, in years 18 through 20, a 2.12% rate shaves $5,530 off your annual tax bill.
The total estimated tax savings over 20 years? $266,200. (All savings estimates are based on a $1 million home.) Check out khov.com/nine for more details.
Tax savings aren’t the only reason to consider a residence at Nine on the Hudson; they’re simply the practical, reasonable excuse you can give yourself to give in to your indulgent desires and choose a home with such a luxurious, resort-style lifestyle experience.
That experience includes social spaces from top to bottom where you can connect with your neighbors and relax with your family or friends. The rooftop features fire pits, a wet bar, an outdoor lounge with four-top tables, and outdoor heaters that encourage year-round usage. All of this is complemented by views of the Hudson River and the iconic Manhattan skyline.
Other outdoor components of Nine on the Hudson’s 31,655-sq.-ft. amenity package include BBQ grills and picnic tables in a landscaped courtyard. You’ll also find an infinity-edge rooftop pool surrounded by day beds, lounge chairs, and cabanas as well as a hot tub. Inside, residents take advantage of lounge facilities that include a big screen TV, a billiards table, a fireplace, and a bar, as well as a party room available for rent.
Inside, there’s a state-of-the-art fitness center with two floors full of free weights, cardio gear and strength training equipment along with men’s and women’s saunas, a fitness studio with live classes and Fitness On Demand, and a virtual golf simulator.
Down in the lobby you’ll find a 24/7 concierge, mail and package drop-off and cold storage package pickup. You can drop off your dry cleaning, store your stuff, or park your bike. Residents can get down to business with an on-site conference center, a business center, and Wi-Fi in all the common areas. Dog lover? There’s even a self-service dog grooming and bath area.
The 278 homes at the 13-story Nine on the Hudson, one-, two-, and three-bedroom luxury condominiums, provide the contemporary lifestyle that draws the active and upward to New York City, but for a fraction of the price.
Throughout these residences you’ll find luxury finishes, from the owner’s suites to the culinary-quality kitchens. Bosch® appliances, a Thermador® built-in refrigerator, and a washer and dryer live as good as they look, while Aspen® quartz countertops, custom Italian Pedini® cabinets, Kährs® white oak hardwood flooring, and marble bathrooms combine for a truly high-end aesthetic.
Nine on the Hudson’s location provides easy access to Hoboken via the Light Rail and midtown Manhattan via the Port Imperial Ferry Terminal. It’s steps away from the Hudson River Waterfront Walkway and everyday necessities like coffee shops and grocery stores.
Homes at Nine on the Hudson are priced from $680,000 for one bedroom, $905,000 for two, and $1,427,000 for three.
The building is scheduled for completion in 2018, but you can make an appointment to tour it now. For more information, visit Nine on the Hudson’s website, contact a community information specialist at 888-546-8466, or make an appointment with the on-site sales office by calling 844-230-7459 or clicking here to make an appointment.
Nine on the Hudson – 9 Ave at Port Imperial, West New York, NJ 07093