Sale Sets New Price Record for Crystal Point Penthouse

Crystal Pointe Condo Jersey City Penthouse 4005 Megha Moza
The sale of unit 4005 sets a new record at Crystal Point.

Despite reports indicating a more temperate market for luxury condos in DTJC, the high-end continues to show strength. Pure Properties announced today the sale of unit 4005 at Crystal Point, a 1,528-square-foot, two-bedroom, two-and-a-half-bath penthouse unit with two private terraces.

We featured the home, listed by Megha Moza, when it first hit the market in early April. A short 20 days later the home went under contract. According to Pure, the sale closed at $2,514,000 and set a new record price for any unit in the building. According to the MLS, the previous highest sale price was unit 3402, also represented by Moza, which sold for $2,400,000.

Crystal Point Condo Jersey City Sale Sets Record 4005
Master bedroom views.

Downtown Jersey City condos have experienced double-digit appreciation over the last few years, a trend that appears to be slowing slightly. Even with this increase, properties here still offer significant value compared to equivalent ones across the river and high-end buyers continue to buy up the area’s trophy properties.

Crystal Point Condo Jersey City Sale Sets Record
Private terrace.

This latest announcement from Team Moza follows two other potentially record-setting penthouse deals at the upcoming 99 Hudson condo tower. Moza is the only agent to have sold more than one of the building’s crowning homes.



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