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Jersey City-based Gull's Cove II reaches $60M in pre-construction sales

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Exterior rendeing of Gull's Cove complex
Exterior rendeing of Gull's Cove complex - ()

Following the completion and sale of the first phase of 322 condominiums, developer Liberty Harbor North LLC announced Gull's Cove II in Jersey City is 75 percent under contract and has surpassed $60 million in pre-construction sales.

The 107-unit development, Gull’s Cove II, is slated to open for occupancy this fall.

“In a city still dominated by rental product, Gull’s Cove has consistently appealed to those residents from both sides of the river looking to purchase a new-construction, luxury condominium in an amenity-rich building,” Art Johnson, vice president of Liberty Harbor North LLC, Gull’s Cove’s developer, said.  “The success of the first phase, the fact that we can start moving buyers in this fall, and a dearth of new-construction, for-sale product in downtown Jersey City have all helped drive sales velocity at Gull’s Cove II.”

The two phases of the Gull’s Cove project are connected by ground-level retail and private amenities. Gull’s Cove is located at 201 Marin Blvd. within the Liberty Harbor North neighborhood just steps away from the Marin Boulevard Light Rail stop, NY Waterway ferry and a few blocks from the Grove Street PATH station.

“A variety of restaurants and shops are just steps away from the community, including unique attractions such as the Zeppelin Hall Beer Garden,” Liberty Harbor North LLC said in a news release. “Vibrant neighborhoods such as Grove Street and Paulus Hook are just blocks away, each offering its own local charm, ambience and dining options.  Jersey City’s scenic Hudson River waterfront walkway is also nearby, as is the Morris Canal, home to multiple marinas and yacht clubs.”

Gull’s Cove II was designed by Marchetto Higgins Stieve Architects. Remaining homes start at $489,000 up to $1.93 million.

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Mario Marroquin

Mario Marroquin

Mario Marroquin covers real estate. A native of El Salvador, Mario is bilingual in English and Spanish. He graduated from Penn State University and worked in Pennsylvania before moving to New Jersey. His email is mariom@njbiz.com.

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