88 Morgan
88 Morgan sits in the heart of downtown Jersey City, minutes from the PATH and surrounded by one of the strongest condo markets in New Jersey.
88 Morgan is one of the tallest residential buildings in New Jersey and was the tallest condominium in the state when it opened: 55 stories and 431 homes that opened in 2008 with a 41,000 sq ft amenity program, a block from the Powerhouse Arts District and a few minutes from both the Grove Street and Newport PATH stations. It opened under a licensed brand name and now goes by its address. That name was Trump Plaza Residences, carried under a licensing agreement during development and later retired by the condominium; the building has operated as 88 Morgan since. Two things define the building today: the views from the upper floors, which are the widest in Downtown away from the water, and a 20 year tax abatement that is in its final years, which changes the math for every buyer and seller in it.
Building facts
| Address | 88 Morgan Street, Jersey City, NJ 07302 (Downtown, between Warren Street and Marin Boulevard, at the north edge of the Powerhouse Arts District) |
|---|---|
| Completed | 2008 |
| Developer | Metro Homes, with the building’s original brand under a licensing agreement |
| Height | 55 stories |
| Residences | 431 condominiums, studios to three bedrooms |
| Typical sizes | Studios about 550 to 650 sq ft; one bedrooms about 700 to 950; two bedrooms about 1,050 to 1,400; three bedrooms about 1,500 to 1,900 |
| Ownership | Condominium |
| Tax abatement | A 20 year abatement granted at completion, structured as a payment in lieu of taxes on each unit’s original purchase price; the exact expiration year is not publicly documented, so confirm it and the step up schedule with the financial agreement and the Jersey City Tax Assessor; after expiration the tax line moves to the full city rate (2.335 percent of taxable assessed value for 2025). A displayed tax figure on a listing may not represent the full carrying cost where a separately billed service charge applies, so confirm the all-in number for the specific unit |
| HOA dues | Recent listings average about $970 a month; confirm the current figure and inclusions on any listing |
| Parking | On site garage; spaces convey with some homes and are available for purchase or license for others; confirm on the listing |
| Pets | Allowed, with association rules |
| Amenities | About 41,000 sq ft: 24 hour concierge and doorman, outdoor pool and sun deck, fitness center and yoga studio, residents’ lounge with billiards, screening room, children’s playroom, business center, ground floor retail, garage |
| Views | The upper floors clear everything around them: north and east to the skyline over Newport, south down the harbor, west across Jersey City to the ridge; the lower and interior lines look at neighboring buildings |
| Transit | Grove Street PATH about seven minutes on foot and Newport PATH about the same (World Trade Center in about eight minutes from Grove Street, 33rd Street in about 15 from Newport); the Hudson-Bergen Light Rail at Harsimus Cove and Newport; the Harborside ferry about ten minutes |
| Neighborhood | Between the Powerhouse Arts District’s restaurants and galleries, the Newport shopping and grocery stores, and the Hamilton Park brownstone district a few blocks west |
What 88 Morgan is like to live in
It is a full service tower in the Manhattan sense: a staffed lobby, a pool deck, a gym with a studio, a lounge, a screening room, and a playroom, all inside the building, with the district’s restaurants and the Newport supermarkets a few blocks away in either direction. The homes are glass and light, and above roughly the 30th floor the views run from the George Washington Bridge to the Verrazzano. The residents are a mix of downtown professionals, NYC transplants who wanted a tower lifestyle at a Jersey City price, owners who use the pool and the playroom, and an investor share that rents to the same crowd; with 431 homes there is always inventory, which keeps the comps fresh and the prices honest. The trade offs are the dues that fund the amenity program and the abatement question, which every buyer here needs to settle on paper.
The abatement clock, and why it matters now
The building’s payment in lieu of taxes was calculated on the original purchase price of each unit, which is why two similar homes can show different tax lines, and the schedule is in its final years, with the exact end date set by the financial agreement. A buyer who holds past expiration needs to model the full city rate on the assessed value, and the assessed value for a 2008 tower is not the original sponsor price. For sellers, the honest play is to show the schedule and the projected post abatement number; buyers who understand it still buy, and the ones who discover it in attorney review walk. My Jersey City Abatement Checker reads any listing’s tax line in seconds; the financial agreement and the assessor give you the exact dates. The buildings that have already crossed to full taxes, like Pier House and 149 Essex, show what the market does afterward: it absorbs the number and moves on.
The lines and floors that set the price
Height first, more than anywhere else in Downtown: the spread between a tenth floor home and a fortieth floor home of the same layout is the widest in the neighborhood because the building stands alone. Exposure second: north and east carry the skyline premium, south carries the harbor, west is the discount. Layout third: the corner two bedrooms with two exposures are the scarce product; the studios and one bedrooms are the investor product and the entry to the building. Parking last: a deeded space is worth real money here.
Buying or selling at 88 Morgan? Get building-specific numbers before you make a move. Book a 30-minute strategy call or, if you own here and are weighing a sale, book a listing consultation.
Sales context
I have sold across Downtown and the waterfront, and I price 88 Morgan against 99 Hudson (2020, the other tall building, on its own PILOT schedule), 10 Provost (2018), and the Newport towers on price per square foot with an adjustment for the abatement stage. For context, in the summer of 2026 listings in the building ran from about $650,000 for a one bedroom to about $870,000 for a two bedroom on the lower and middle floors, with the upper floor view homes above that. The building’s price band runs from the high $500,000s for studios to about $2 million for the best corner three bedrooms.
What buyers should know
Settle the abatement question first, with the assessor and the financial agreement, and model the monthly both ways. Confirm the parking. Read the association’s financials and the reserve study; a 2008 tower with a pool and a 41,000 sq ft amenity program is on its first major replacement cycle for mechanical systems and the pool deck, and the good associations have funded it. Then compare the true monthly number with 99 Hudson and 10 Provost; for a high floor view at a Downtown price, 88 Morgan is usually the value, provided you have priced the tax step.
What sellers should know
Lead with the height and the view, and show the abatement schedule rather than hide it. Price from the building’s own closed history by floor and exposure, not from the Downtown average, because the building’s own spread by floor is wider than the neighborhood’s. With 431 homes there is always competing inventory, so the listing that is priced from the closed data and staged for the view is the one that sells; the one priced to the best comp in the building waits.
Quick answers about 88 Morgan
Does 88 Morgan have a tax abatement?
Yes, a 20 year abatement from its 2008 completion; the exact expiration year is not publicly documented, so confirm it and the schedule with the Jersey City Tax Assessor and the financial agreement. After expiration the tax line moves to the full city rate on the assessed value, and a listing’s displayed tax figure may not include a separately billed service charge.
What are the HOA fees at 88 Morgan?
Recent listings average about $970 a month; confirm the current figure and inclusions on any listing.
What amenities does 88 Morgan have?
About 41,000 sq ft, including a 24 hour concierge, an outdoor pool and sun deck, a fitness center and yoga studio, a residents’ lounge, a screening room, a children’s playroom, a business center, and a garage.
Which floors at 88 Morgan have the best views?
Above roughly the 30th floor the building clears everything around it, with skyline views to the north and east, the harbor to the south, and Jersey City to the west; the lower and interior lines look at neighboring buildings.
How close is 88 Morgan to the PATH?
About seven minutes on foot to either Grove Street or Newport, which between them reach the World Trade Center and 33rd Street.
How tall is 88 Morgan?
55 stories, which made it the tallest condominium in New Jersey when it opened in 2008; only 99 Hudson at Exchange Place has passed it since.
Was 88 Morgan formerly Trump Plaza Residences?
Yes. The building at 88 Morgan Street opened in 2008 as Trump Plaza Residences, a name used under a licensing agreement, and the condominium later dropped the name. Same tower, same association, now known as 88 Morgan.
Nearby buildings
10 Provost · The Oakman · Hamilton Square · 99 Hudson · Cooke Lofts (140 Bay) · Mandalay on the Hudson
Tools for this building
Jersey City Abatement Checker · Condo carrying cost calculator · NJ seller net sheet · How Jersey City tax abatements work
Reviewed August 2026 by Anthony Vetrano, Associate Broker. Building details are provided as general guidance and change over time; confirm specifics for any unit with your agent and attorney.
Know the building before you make your move
Downtown Jersey City comps and building-level strategy for 88 Morgan: 908-227-8226.