Hudson County Carrying Cost Calculator
The true monthly cost of a Hoboken or Jersey City condo: mortgage, taxes or PILOT, HOA, insurance, and PMI, in one number. Built for how this market actually works, abatements and all.
Build your true monthly number
Shop on this number, not the list price. A lower-priced unit with high taxes and a big HOA can cost more every month than a pricier unit with an abatement. Deep dives: what a condo really costs per month, how abatements work, and how much you need down.
Carrying cost questions
Why does the same list price carry so differently?
Taxes and HOA fees vary building to building, and an abatement schedule can change the tax line entirely. Two condos at the same price can differ by well over a thousand dollars a month, which is why the all-in monthly number, not the list price, is the number to shop on.
What tax number should I enter?
Use the actual current tax bill or PILOT payment for the specific unit, never a listing estimate. In Jersey City, ask whether the building carries an abatement, how many years remain, and what the step-ups are.
What does this leave out?
Utilities, maintenance reserves, and closing costs. Buyers should also hold real savings after closing. For the full picture, see what a condo really costs per month and NJ closing costs for buyers.
Want the real numbers on a specific unit?
Send me the address and I will build the true monthly cost with the actual taxes, fees, and abatement schedule: 908-227-8226, or book below.
Estimates are for planning only. Confirm taxes, fees, insurance, and loan terms for any specific home with your lender and attorney.