The Foundry at Liberty State Park in Jersey City is a condo conversion of a historic, 100-year old brick building located in the hottest neighborhood, Bergen-Lafayette. The new Hudson-Bergen Light Rail station at Liberty Science Center is right outside the building. In less than 10 minutes you can commute from the Foundry to Exchange Place and the PATH train. Or take the Ferry operated by NY Waterways or NY Water Taxi to Wall Street, World Financial Center or Midtown Manhattan. The Foundry is today's most exciting investment opportunity in the area and will consist of 156 loft condominium units on three levels with some of them facing New York City and the Statue of Liberty. Adjacent to Liberty State Park you can enjoy more than 36 acres of outdoor space, a marina, and the convenience of being close to everything. The NJ Turnpike entrance and exit is just minutes away from the Foundry. The Foundry is located at 300 Communipaw Avenue in the neighborhood known as Bergen-Lafayette, the latest hotspot in Jersey City and Hudson County: with downtown properties reaching all-time high prices, new developments are now coming up in the neighboring areas such as Lafayette and Journal Square. With real estate prices already picking up, this is a great opportunity to get into a brand new construction that has it all: Individual units at the Foundry range from 800 sq.ft. to almost 2,000 sq.ft. in size. Occupying a complete city block of approx. 200 feet by 500 feet, units are facing either west at Monitor Street, south at Communipaw Avenue, east towards New York City or are inside the complex facing courtyards. Each and every unit in the Foundry features 5" oak hardwood flooring, a deeded parking spot, washer and dryer in the unit, central heating and air conditioning (gas fueled), granite countertops, high ceilings of up to 18 feet, and loads of light with walls of windows. A health club for the exclusive use of Foundry residents will be available for residents at no extra charge. Every condo owner in the Foundry will enjoy a 20-year tax abatement (transferable) ensuring low annual real estate taxes. The exact annual/monthly amount will be computed based on the final purchase price of each unit. The monthly maintenance (common charges) at the Foundry are budgeted at less than 25 cents per unit square foor per month that includes a one car parking spot as well as access to the health club at the Foundry. The developer and builder of the Foundry is New York City based and has been a specialist in condo conversions of warehouses and factories for almost 30 years. He was one of the first to convert SoHo and Tribeca properties in high-end condominiums. The first phase of the Foundry is scheduled to be completed by late summer and non-binding reservations will be accepted as more units become available. In order to reserve a unit, the prospective buyer has to sign the non-binding reservation agreement, a $2,500 escrow check made out to the seller's attorney, and also provide a mortgage pre-approval issued by Weichert Financial Services. The pre-construction pricing of the Foundry is ranging from $250 per square foot to $300 per square foot depending on floor and exposure. With new construction prices in downtown Jersey City reaching almost $500 per square foot, the Foundry is attractively priced.