Clermont Cove Guide: 1 Greene Street Condos on the Paulus Hook Waterfront
1 Greene Street, Jersey City, NJ 07302. One of the waterfront’s original condominiums, at the foot of Greene Street on the Morris Canal basin.
Clermont Cove was here first. Completed in 1987 at the foot of Greene Street, where Paulus Hook meets the Morris Canal basin, it is one of the original condominiums of the Jersey City waterfront, and it still holds cards the newer towers cannot copy: a low-rise scale of eight stories plus a penthouse level, terraces that face the water and the Statue of Liberty, an outdoor pool and hot tub, and parking that recent listings show carried within the dues. For buyers who want the waterfront without tower living, this is the building that makes the case.
Building facts
| Address | 1 Greene Street, Jersey City, NJ 07302 (Paulus Hook waterfront, at the Morris Canal basin just south of Essex Street) |
|---|---|
| Completed | 1987; among the first condominiums built on the Jersey City waterfront |
| Height and homes | 8 stories plus a penthouse level, with roughly 120 homes (records differ on the exact count) |
| Residences | Roughly 640 to 1,754 sq ft, including duplex layouts; many homes with balconies or large terraces, and water, Statue of Liberty, and Manhattan views from the right exposures |
| Ownership | Condominium; confirm dues and the exact tax figure on any unit |
| Parking | On-site garage with valet service; recent listings show parking carried within the association fees, so confirm the arrangement for the unit |
| Amenities | 24-hour doorman and concierge, fitness center, outdoor pool and hot tub, grill area, and a sky lounge with skyline views |
| Getting to Manhattan | The Essex Street light rail stop is about a minute away, the Paulus Hook ferry landing is steps from the building, and the Exchange Place PATH is roughly a half-mile walk |
What Clermont Cove is like to live in
Waterfront, small-scale, and settled. The building faces the Morris Canal basin’s marina rather than a street wall, so mornings start with water, boats, and the Statue of Liberty instead of traffic, and Liberty State Park’s green edge runs just across the basin. The pool and hot tub give the building a resort rhythm in summer, the sky lounge covers the skyline for the rest of the year, and Paulus Hook’s brownstone grid, restaurants, and ferry are all within a few minutes’ walk. Depending on the residence, you face the water, the courtyard, or the city, and the terrace homes are the ones the building is known for.
The homes that set the price
Water view first, outdoor space second. The basin-facing homes with terraces are the building’s signature and trade in their own tier, with the Statue of Liberty sightline doing real work in the price. Duplex layouts add a house-like feel that suits buyers leaving brownstones. Renovation level then separates the stack, since finishes range from original to fully redone in a building of this vintage. As with any 1980s waterfront building, the association’s capital program, and what has been updated behind the walls, belongs in the value conversation as much as the kitchen does.
Sales context
I price Clermont Cove from the Paulus Hook and Exchange Place file: my closings at 99 Hudson and 77 Hudson, including a $2,550,000 combined residence, the district’s brownstone trades such as the $3,250,000 house at 101 Mercer Street in 2024, and the boutique waterfront stock at Sugar House and Pier House. A terrace home on the basin prices against that whole set, on view and outdoor space rather than vintage alone. The closings are on the Track Record page.
What buyers should know
Buy the exposure, not the building average: the gap between a water-facing terrace home and an interior home here is one of the widest in Paulus Hook, and it holds on resale. Confirm the parking arrangement and what the dues carry. Review the association’s reserves, recent capital work, and flood insurance posture during attorney review, standard diligence for a 1987 building at the water’s edge, and read our flood insurance guide before you model the monthly. Then time the ferry walk; for Midtown commuters it is the neighborhood’s quiet superpower.
What sellers should know
Your buyer is choosing character and water over new construction gloss, so show exactly that: terrace and view photography at golden hour, the marina and the park in the frame, and the pool in season. Price from the building’s own closed history and the district’s evidence, with the renovation level stated honestly, because the spread between renovated and original here is real and buyers know it. A water-facing home presented this way competes against towers that ask far more per square foot.
Quick answers about Clermont Cove
Where is Clermont Cove?
At 1 Greene Street on the Paulus Hook waterfront in Downtown Jersey City, facing the Morris Canal basin, with the Essex Street light rail about a minute away and the ferry landing steps from the building.
Does Clermont Cove have a pool?
Yes, an outdoor pool and hot tub, along with a grill area, a fitness center, a sky lounge, and a 24-hour doorman.
Does Clermont Cove include parking?
The building has an on-site garage with valet service, and recent listings show parking carried within the association fees. Confirm the arrangement for the specific unit.
How old is Clermont Cove?
It was completed in 1987, which makes it one of the first condominiums built on the Jersey City waterfront, at eight stories plus a penthouse level with roughly 120 homes.
What are the views like at Clermont Cove?
The prized exposures face the Morris Canal basin and the harbor, with Statue of Liberty and Lower Manhattan sightlines, and many homes carry balconies or large terraces.
Nearby buildings
Montgomery Greene · Sugar House · Pier House · Liberty View · 77 Hudson · 99 Hudson
Tools for this building
Jersey City Abatement Checker · Condo carrying cost calculator · NJ seller net sheet · Do you need flood insurance in Hoboken or Jersey City?
Talk to Anthony about Clermont Cove
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