Did anyone notice the new construction building going up rapidly between 14th and 15th streets in Hoboken. It’s Toll Brothers 1450 Washington Street at Hudson Tea. The latest new construction project in the Hoboken real estate market. Toll Brothers has begun pre-sales!
1450 Washington Street at Hudson Tea features a 12 story tower on the north end with a 7 story tower on the south end. The 7 story tower has a courtyard level on the second floor which makes the building horseshoe shaped with an opening facing the Toll Brothers parking garage to the west.
1450 Washington Street at Hudson Tea will feature retail on the first floor and have ameniteis such as a doorman, fitness center,and children’s play room. While sharing a condo association with Harborside Lofts and the still to be built Toll Brothers building to the east, Hudson Tea at 1450 Washington Street will have access to the planned swimming pool. This will make it one of the most unique properties in the Hoboken Real Estate market.
1450 Washington Street at Hudson Tea, according to Toll Brothers will be ready for delivery in March 2012 to July 2012. Construction is ahead of schedule.
Pricing at 1450 Washington Street at Hudson Tea is pretty reasonable for Toll Brothers new construction. There are studios in the low $300,000s, one bedroom starting in the mid 300,000s, and upward through a combined 3br condo of 2000sqft for just over $1.1millon.
Taxes at Hudson Tea at 1450 Washington Street are estimated to be 1.3% of the sales price. Meaning a condo would selling for $500k would have an annual tax bill of roughly $6500. A reasonable number compared to other Hoboken Condos.