Canco Lofts
Canco Lofts is Jersey City’s great factory loft campus: the American Can Company plant reborn as 202 condominium lofts with ceilings up to 14 feet, minutes from Journal Square’s PATH.
Canco Lofts is the biggest true loft campus in Jersey City and the one where the square footage math works: the 1920 American Can Company factory on Dey Street, converted in 2008 into 202 homes with concrete columns, ceilings up to 14 feet, and factory windows the height of a wall, at a price per square foot that the Downtown conversions have not seen in a decade. It sits west of Downtown near Journal Square rather than on the waterfront, runs its own shuttle to the PATH, and rewards buyers who want scale over address.
Building facts
| Address | 50 Dey Street, Jersey City, NJ 07306 (west of Downtown, between Journal Square and the Turnpike, in the Marion section) |
|---|---|
| Built | 1920, as the American Can Company’s Jersey City plant |
| Converted | 2008 |
| Developer | Corigin Real Estate Group |
| Height | 7 stories |
| Residences | 202 loft condominiums, studios to three bedrooms |
| Typical sizes | About 700 to 1,900 sq ft; the two bedroom lofts run from about 1,100 to 1,500 sq ft |
| Ceilings | Up to 14 feet, with exposed concrete columns and beams |
| Ownership | Condominium |
| Tax abatement | Confirm whether the 2008 conversion carried an abatement and its expiration with the Jersey City Tax Assessor; if it did, the schedule is in its final years |
| HOA dues | Recent listings average about $740 a month with heat and air conditioning included, which is the lowest all in monthly of any full amenity loft building in the city; confirm the current figure and inclusions on any listing |
| Parking | On site parking, deeded or licensed; confirm what conveys with the specific home |
| Pets | Allowed, with association rules |
| Amenities | Attended lobby, fitness center, residents’ lounge, landscaped courtyard, rooftop deck, and a private shuttle to the Journal Square PATH |
| Interiors | Concrete columns and ceilings, oversized factory windows, open plans, polished concrete or hardwood floors, in unit washers and dryers |
| Transit | Journal Square PATH (World Trade Center in about 15 minutes, 33rd Street in about 25) about 15 minutes on foot or a few minutes on the building’s shuttle; the Turnpike and Routes 1 and 9 minutes away by car |
| Neighborhood | The Marion and Journal Square edge: the Journal Square towers and restaurants to the west, the India Square restaurants on Newark Avenue, Lincoln Park to the south, and Downtown a short drive or PATH stop east |
What Canco Lofts is like to live in
It is a factory in the honest sense: long corridors, concrete everywhere, windows you could drive a car through, and homes that feel twice their square footage because of the ceiling height. The courtyard and the roof are the social spaces, the lobby is staffed, and the shuttle to the PATH is the amenity that makes the location work for commuters. The residents are artists and designers who want the volume, downtown professionals who did the math on price per square foot, and buyers from Brooklyn loft buildings who recognized the type; the rental share is meaningful. The trade offs are the location, which is a drive or a shuttle from the waterfront restaurants, and the sound and light characteristics of a concrete factory with some interior facing homes.
The lofts that set the price
Light first: the corner lofts and the homes with the tall windows on the courtyard or the street carry the premium; interior facing homes trade at a discount. Volume second: the lofts that kept the full ceiling height and the open plan trade above the ones with added rooms and lofted mezzanines, though a well built mezzanine is its own product. Floor third: the upper floors and the top floor with the highest ceilings are the best in the building. Parking last: a deeded space is the scarce version of every line.
Sales context
I have not closed inside Canco, but I price it for buyers and sellers against the Downtown conversions (Cooke Lofts, where I sold the same loft in 2021 and 2026, and Dixon Mills) on price per square foot, and the gap is the whole story: Canco trades at a fraction of the Downtown loft price for more volume. For context, 2026 activity in the building ran from about $625,000 to $770,000 for the one and two bedroom lofts. The building’s price band runs from the high $400,000s for studios to about $1 million for the largest corner lofts.
What buyers should know
Buy the specific loft for its light. Confirm the tax status and the parking. Read the conversion documents and the reserve study; a 1920 factory converted in 2008 carries roof, window, and facade cycles that a new building does not, and the size of the association spreads them across 202 homes. Ride the shuttle at the hour you would commute. Model the true monthly number with the dues that already cover heat and air conditioning, which is where Canco beats every Downtown comparison.
What sellers should know
Lead with the ceilings, the windows, and the price per square foot, photograph the volume from a low angle in daylight, and price from the building’s own closed history by exposure and floor rather than from any Downtown loft comp. The buyer who chooses Canco has already decided that scale matters more than address, so the marketing should show the scale first and the shuttle second.
Quick answers about Canco Lofts
What was Canco Lofts before it was condos?
The American Can Company’s Jersey City plant, built in 1920 and converted in 2008 into 202 lofts with concrete columns and ceilings up to 14 feet.
What are the HOA fees at Canco Lofts?
Recent listings average about $740 a month with heat and air conditioning included; confirm the current figure and inclusions on any listing.
How do residents of Canco Lofts get to the PATH?
The building runs a private shuttle to the Journal Square PATH, which is also about 15 minutes on foot; from Journal Square the World Trade Center is about 15 minutes by train.
What have homes at Canco Lofts sold for?
Recent activity in 2026 ran from about $625,000 to $770,000 for the one and two bedroom lofts; the building’s range runs from the high $400,000s for studios to about $1 million for the largest corner lofts.
Does Canco Lofts have parking?
Yes, on site parking that is deeded or licensed depending on the home; confirm what conveys with any unit.
How high are the ceilings at Canco Lofts?
Up to 14 feet, with exposed concrete columns and factory windows, which is the tallest volume available in any Jersey City loft building at this price.
Nearby buildings
Dixon Mills · Cooke Lofts (140 Bay) · The Oakman · 10 Provost · Hamilton Square
Tools for this building
Condo carrying cost calculator · NJ seller net sheet · Jersey City Abatement Checker · What HOA fees cover in a Jersey City condo
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
Loft-scale comps for Canco Lofts: 908-227-8226.