Crystal Point
Crystal Point is the Jersey City waterfront’s purest glass residence: an all-condo tower on direct riverfront where Manhattan fills every east-facing window.
Crystal Point is the building people point at from the ferry: a 42 story glass tower standing alone at the end of Second Street with water on two sides, so the east facing homes look straight at Lower Manhattan and the south facing homes look down the harbor to the Statue of Liberty with nothing in front of them. It was completed in 2010 with 269 homes, an amenity floor that still competes with anything built since, and a 30 year tax abatement that has more than a decade to run. That last fact is the reason it prices the way it does, and the reason buyers and sellers here need to read the schedule before they read the comps.
Building facts
| Address | 2 Second Street, Jersey City, NJ 07302 (the waterfront tip of Second Street, between the Harborside office towers and the Newport marina) |
|---|---|
| Completed | 2010 |
| Developer | Fisher Development Associates |
| Height | 42 stories |
| Residences | 269 condominiums, one to three bedrooms |
| Typical sizes | About 800 to 1,820 sq ft; a two bedroom of about 1,470 sq ft is the workhorse layout |
| Ownership | Condominium |
| Tax abatement | A 30 year abatement granted at completion, structured as a payment in lieu of taxes that steps up in stages: roughly 0.9 to 1.1 percent of the original purchase price in the early years, about 1.3 percent in the middle years, and about 1.4 percent in the later years, per the building’s original marketing. On a 2010 start the agreement runs to about 2040. Confirm the current stage and the exact schedule with the financial agreement and the Jersey City Tax Assessor before relying on any tax line |
| HOA dues | Roughly $0.85 to $0.90 per square foot per month; recent listings show an average near $1,330 a month, with water and gas included along with the concierge, valet, and the amenity floor; confirm on the listing |
| Parking | On site garage with valet service; confirm whether a space conveys with the specific home or is licensed separately |
| Pets | Allowed, with association rules |
| Amenities | 24 hour concierge and valet; outdoor lap pool and hot tub with cabanas, grills, and fire pits on the terrace; thermal bath, sauna, and steam rooms; fitness center with yoga and aerobics studios; residents’ lounge, game room, and screening room; a restaurant at the lobby level |
| Interiors | Floor to ceiling windows, Italian cabinetry, stone counters, in unit washers and dryers, balconies on many homes |
| Transit | Exchange Place PATH about seven minutes on foot and Newport PATH about the same in the other direction (World Trade Center in four minutes from Exchange Place, 33rd Street from Newport); Harborside and Paulus Hook ferries; the Hudson-Bergen Light Rail at Harborside |
| Neighborhood | Between Newport and Exchange Place: the marina and waterfront walkway at the door, Newport Centre and the Newport grocery stores a few blocks north, the Paulus Hook brownstone streets a few blocks south |
What Crystal Point is like to live in
The building stands by itself, which is the whole point. Most waterfront towers look at each other; Crystal Point looks at the water on two sides and at the skyline on the third, and the pool terrace faces the harbor. The amenity floor is a real one: a lap pool people actually swim in, a spa level with a thermal bath, a gym with studios, and a screening room, all staffed by a concierge and valet team that has run the building since it opened. The homes are glass corner to corner, with balconies on many lines. The residents are a mix of Manhattan transplants who wanted the view at a Jersey City price, downtown finance and tech professionals, and long term owners who bought from the sponsor and stayed; the rental share is lower than in the Newport towers because the dues and the abatement stage reward owners who stay.
The abatement schedule, and how to read it
Crystal Point’s abatement is the reason two nearly identical homes can show different tax lines: the payment in lieu of taxes was calculated on each home’s original purchase price, and the percentage steps up by stage. A buyer today inherits the seller’s stage, not a fresh start, so the number on the listing is the number you pay until the next step. The practical questions are which stage the agreement is in now, what the next step adds, and what the full city rate (Jersey City’s certified general rate is 1.67 percent of assessed value) would mean after 2040. My Jersey City Abatement Checker reads any listing’s tax line against the schedule in seconds; the financial agreement and the assessor give you the exact dates. For a buyer with a ten year horizon, the abatement is still a meaningful discount; for a buyer thinking about 2040, it is a step to model, not a reason to walk.
The lines and floors that set the price
Exposure first: south and east are the harbor and skyline lines, and the southeast corners are the best homes in the building. North facing homes look up the river toward Midtown over the Newport towers. West facing homes look over Jersey City at a discount that widens on the lower floors. Height second: the building clears its neighbors early, so the view premium starts lower here than at 75 Park Lane or 99 Hudson, and the top ten floors carry the full harbor panorama. Layout third: the 1,470 sq ft two bedrooms with balconies are the building’s core product and trade in a tight band; the three bedrooms near 1,800 sq ft are scarce.
Sales context
I have sold more than 30 homes in the Newport and Exchange Place towers around Crystal Point, including 18 at 75 Park Lane and five at 99 Hudson, and I price it against those buildings with an adjustment for the abatement stage and the amenity package. For context, in 2026 two of the 1,473 sq ft two bedrooms sold, unit 801 for $1,450,000 and unit 2101 for $1,515,000, a spread that shows how the building prices height: about $65,000 for 13 floors on the same layout. The building’s price band runs from the mid $800,000s for the smaller homes to about $3 million for the top harbor view residences.
What buyers should know
Read the abatement schedule and confirm the stage; this is the one building on the waterfront where the tax line on the listing is a moving target by design. Confirm whether a parking space conveys or is licensed. Read the association’s financials and reserve study; a 2010 building with a pool, a spa level, and a valet operation carries real operating costs, and the dues reflect that. Compare the true monthly number with 75 Park Lane (newer; confirm its tax status), 77 Hudson (abatement ending around 2029), and 99 Hudson (newer; its PILOT schedule needs to be confirmed with the assessor); Crystal Point usually wins on the monthly and loses on age, and the right answer depends on your horizon.
What sellers should know
Lead with the two sided view and the abatement stage, and show the schedule rather than hide it. Buyers who understand a 30 year abatement with 14 years left see it as an asset; buyers who discover a step up in attorney review see it as a problem. Price from the building’s own closed history by exposure and floor, not from the waterfront average, and stage the balcony and the glass. The building’s buyer pool cross shops Newport and Paulus Hook, so the marketing needs to reach Manhattan traffic as well as local.
Quick answers about Crystal Point
Does Crystal Point have a tax abatement?
Yes, a 30 year abatement from its 2010 completion that steps up in stages from roughly 0.9 to 1.1 percent of the original purchase price toward about 1.4 percent, running to about 2040. Confirm the current stage and schedule with the financial agreement and the Jersey City Tax Assessor.
What are the HOA fees at Crystal Point?
Roughly $0.85 to $0.90 per square foot per month, with recent listings averaging about $1,330 a month including water, gas, the concierge, the valet, and the amenity floor. Confirm the current figure on any listing.
What have homes at Crystal Point sold for?
In 2026, two 1,473 sq ft two bedrooms closed at $1,450,000 (unit 801) and $1,515,000 (unit 2101). The building’s range runs from the mid $800,000s to about $3 million for the top harbor view homes.
Which lines at Crystal Point have the best views?
The south and east facing homes, and especially the southeast corners, look at the harbor, the Statue of Liberty, and Lower Manhattan with nothing in front of them; north facing homes look toward Midtown, and west facing homes look over Jersey City.
Is Crystal Point close to the PATH?
About seven minutes on foot to Exchange Place (World Trade Center in four minutes) and about the same to Newport (33rd Street line), with the Harborside and Paulus Hook ferries and the light rail also within a few blocks.
Does Crystal Point have a pool?
Yes, an outdoor lap pool and hot tub on the amenity terrace with cabanas and grills, plus an indoor spa level with a thermal bath, sauna, and steam rooms.
Nearby buildings
75 Park Lane · Mandalay on the Hudson · Portofino · 77 Hudson · 99 Hudson · The Shore Club, North Tower
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
Waterfront tower comps for Crystal Point: 908-227-8226.