The Emerald Guide: 45 River Drive South Condos in Newport, Jersey City
45 River Drive South, Jersey City. An established Newport condominium also known as the James Monroe.
The Emerald at 45 River Drive South, also known as the James Monroe, is one of Newport’s earlier condominium towers. Its homes offer a range of layouts and renovation levels near the waterfront and Newport PATH. Compare the unit’s condition and total monthly costs with the newer buildings nearby.
Buying or selling at The Emerald?
Open the property search and search 45 River Drive South to check available listings. You may see the building called The Emerald or James Monroe. Save homes that fit your layout and budget, then compare their renovation level, recurring charges and parking arrangements.
Ask Anthony to compare Emerald condos or request a valuation for your Emerald residence. Include the unit number so the comparison can account for the home’s actual floor, outlook and condition.
Building facts
| Address | 45 River Drive South, Jersey City, NJ 07310 (Newport, on the waterfront side of the neighborhood) |
|---|---|
| Names | The Emerald, originally named the James Monroe; both names refer to the condominium at 45 River Drive South |
| Completed | 1988, according to Newport’s community history |
| Developer | Part of the Newport community developed by LeFrak and Melvin Simon |
| Height and homes | 34 stories, 443 residences |
| Residences | Studios and larger condominium layouts, with views, room arrangements and renovation levels varying by residence |
| Ownership | Condominium; confirm dues and the exact tax figure on any unit |
| Parking | Monthly parking is offered through the nearby Waterside Garage at 50 River Drive South. Confirm availability, current rates and resident eligibility with the operator. |
| Amenities | 24-hour doorman and concierge, fitness center, residents’ lounge and community room, game room, courtyard with grills, renovated lobby, package lockers, and bike storage; confirm with the association which Newport facilities residents can access |
| Getting to Manhattan | Newport PATH provides routes toward 33rd Street and the World Trade Center. The waterfront walkway and Newport’s shops and parks are nearby; compare the actual walking route and current train schedule. |
What The Emerald is like to live in
The Emerald offers an established Newport setting near PATH and the waterfront walkway, with an attended lobby and a range of condominium layouts. Some homes have been extensively renovated, while others give buyers the opportunity to plan their own updates. Compare storage, room proportions and daylight in the actual residence, alongside the cost and timing of any work.
The homes that set the price
Condition can vary considerably between original and renovated homes. Compare completed sales at a similar renovation level, and obtain estimates for any work you plan to undertake.
Sales context
Anthony represented the buyer of unit 2103, which closed at $800,000 in 2022. The Track Record page includes that sale and work in other Newport towers. For a current valuation, start with similar completed sales in the Emerald, then consider nearby alternatives.
What buyers should know
Compare the cost and timing of any planned renovation with a home that is ready to occupy. Review the association’s alteration rules, finances, planned work, and current charges before settling on the budget.
What sellers should know
Show the actual condition, light, layout, and outlook. Price from relevant completed sales and current competition, and provide clear information on recurring costs and known building work.
Quick answers about The Emerald
Is The Emerald the same building as the James Monroe?
Yes. The Emerald at 45 River Drive South was originally named the James Monroe. You may see either name in listings and property records.
How many homes are in The Emerald?
443 residences over 34 stories, from studios to three bedroom duplexes, making it one of Newport’s largest condominiums.
Does The Emerald have a doorman?
Yes, the lobby is staffed around the clock, and the building has a fitness center, residents’ lounge, game room, courtyard with grills, and package lockers.
Does The Emerald have parking?
Residents can apply for monthly parking at the nearby Waterside Garage, 50 River Drive South. Confirm availability, current rates and resident eligibility with the parking operator.
Has Anthony sold at The Emerald?
Yes. Anthony represented the buyer of unit 2103, which closed at $800,000 in 2022. The Track Record page includes that sale and his other Newport and Jersey City waterfront transactions.
How far is The Emerald from the PATH?
Newport PATH is within walking distance, with routes toward 33rd Street and the World Trade Center. Walk your preferred route and check the current timetable to estimate the full trip to your destination.
Nearby buildings
75 Park Lane · Shore Club North · Shore Club South · Mandalay on the Hudson · Portofino · Crystal Point · Shore House
Tools for this building
Jersey City Tax Comparison Tool · Condo carrying cost calculator · NJ seller net sheet · Is new construction worth it on the Jersey City waterfront?
Talk to Anthony about The Emerald
Talk with Anthony about your property, priorities, and timing.