Already an iconic building and already 70% sold in just two months, The Cornerstone Lofts introduces four of its remaining luxury residences. The brand new, landmark condominium rises six stories at 332 Newark Avenue and brings unique, eco-friendly construction to the eclectic Village neighborhood. Impeccable one-, two-, and three-bedroom condos designed by MVMK Architecture and developed by Kocher Construction promise stunning finishes, private outdoor space in select residences, and residents enjoy amenities inside and out with a gym and a common roof deck with an outdoor kitchen.
“As an artist and a builder, I always care about quality, design, and aesthetics. The Cornerstone Lofts combines these qualities and is an iconic building with unique architecture. It took several tries before I was satisfied with the architectural plan, and I am very happy with the result,” says Richard Kocher of Kocher Construction.
“The shape of the lot, and thus the building, is triangular. With this shape, we have almost 100 feet of façade on Newark Ave, and another 100 feet of façade on 5th Street. This gives us windows and light all the way around. It is also situated in a great location at the heart of the Village Art Center for Downtown Jersey City. Located on Newark Ave. and 5th Street, it is directly across from the historic White Eagle Hall. There are literally 7 new buildings in different stages of construction, right in the direct area, within a block of us. It is very exciting to be able to build such a beautiful building as The Cornerstone Lofts, in the center of this new village area with all the restaurants and art.”
The green boutique building is just 18 residences, meticulously designed with thoughtful layouts, top-of-the-line finishes, and state-of-the-art smart home tech. A third of the units offer private outdoor space and every single unit offers an enviable window line and natural light.
The bold minimalist interiors wow with wraparound views. 10-foot ceilings coupled with floor-to-ceiling windows create spectacular light and air and hardwood floors run throughout. The modern, eco-friendly perks include Sierra Pacific energy-efficient and sound dampening windows plus energy-efficient heating and cooling systems. Silent FX sound boards provide superior sound insulation and LED lighting is throughout.
Kitchens are beautifully open and functional spaces with custom white lacquer cabinetry and custom marbled Quartz countertops with a striking waterfall edge. A full suite of JennAir appliances includes a fully vented range hood and built-in wine refrigerator. And a glass subway tile backsplash and globe pendant lights complete the look.
Baths are clad in large-format Porcelanosa tile and feature luxe finishes and fixtures, including the ultimate luxury of on-demand hot water. A full-size Whirlpool washer and gas dryer are also in every unit.
Generous bedrooms feature the same stunning window line and some even come to a dramatic point on a private outdoor terrace.
The Cornerstone Lofts is pet friendly and its most obvious amenity is being situated in the Village neighborhood. Jersey City’s best cafes, bars, restaurants, shops, parks, and entertainment radiate in every direction, and the Newark Avenue Pedestrian Plaza as well as the Grove Street PATH station is just a 10-minute walk away. Residents also have access to perks within the building, most notably a gym and roof deck.
“We are so excited to have partnered with Kocher Construction for a successful sell-out of these units,” Megha Moza of Team Moza told Jersey Digs. “You can actually see the pride in construction, in the finer details of these units. It’s not one of your run of the mill developments, it’s something that has been thoughtfully designed keeping every modern buyer in mind. In the end, numbers speak for themselves. We are now almost 70% sold having just launched the units two months ago. We are seeing great interest from buyers from across the river, primarily from Manhattan and Brooklyn. JC has always been a magnet for city buyers who are looking for more space and amenities at a much more affordable price point. This building offers that and more.”
Team Moza is the exclusive marketing and selling agent for The Cornerstone Lofts and already have 12 units under contract.
The following four units are for sale, all with private terraces or balconies:
3 bed/2 bath
3 bed/2 bath
1 bed /1 bath
2 bed/2 bath
The following bonuses/incentives are also being offered:
1. $3,000 bonus (1 bedroom- $1,750 buyer/$1,250 agent) $5,000 bonus (2 bedroom- $3,000 buyer/$2,000 agent)
2. First 3 months of HOA fees covered.
3. $1500 credit (1 bedroom) $3750 credit (2 bedroom) $5000 credit (3 bedroom) credit at closing to use toward customizing closets.
4. Shades included with all units
5. Individual unit owners are eligible for a 5 year tax abatement (approx. 30% reduction of your property taxes)