The Sky Club
The Sky Club is one of Hoboken’s best value plays: tower amenities and skyline views at southwest-Hoboken pricing.
Buying or selling at Sky Club: start with the unit
Distinguish the unit and tower, view, parking arrangement and recurring expenses. A feature operated separately from the association should not be described as included without current evidence.
Verify the present operation, access and fees of any gym or pool a buyer asks about; old amenity descriptions can create the wrong expectation.
For owners preparing to list
Gather current tax and association information, improvement records, and the documents for parking, storage or outdoor rights. Compare supported closed sales and active competition, then prepare a net estimate that includes known charges. Photography and copy should show the specific residence clearly.
For buyers comparing listings
Put the actual taxes, dues, insurance and separate charges in one worksheet. Ask your lender to review the project and investigate any special assessment before treating the monthly budget as settled.
Discuss selling your Sky Club residence · Compare available homes with Anthony
The Sky Club is the building I show to buyers who want a full amenity tower in Hoboken and do not want to pay waterfront prices for it. Two 17 story towers, an indoor pool and gym facility that has operated as a separate membership club (the club has been reported closed, so confirm its current status), a 24 hour concierge, garage parking rented for a separate monthly fee, and a shuttle to the PATH, at southwest Hoboken pricing that has run $100,000 to $300,000 below comparable homes on the water. I sold a two bedroom here in 2023 and the math has not changed much since: this is where value buyers end up.
Building facts
| Address | 700 First Street, Hoboken, NJ 07030 (Southwest Hoboken at First and Harrison, near the 2nd Street light rail) |
|---|---|
| Completed | 2004 |
| Developer and design | Manhattan Builders; Devino Architects + Associates |
| Height | Two towers of 17 stories |
| Residences | 326 condominiums, studios to three bedrooms, plus a few very large combined homes |
| Typical sizes | Studios about 600 to 700 sq ft; one bedrooms about 600 to 1,340; two bedrooms about 900 to 2,370; three bedrooms about 1,270 to 2,370 |
| Ownership | Condominium; confirm the unit’s current tax bill and assessment |
| HOA dues | Use the current statement for the exact unit. Confirm included utilities, reserve contributions, separate amenity charges and any assessment installments with management. |
| Property taxes | Recent listings range from roughly $3,100 for the smallest homes to over $21,000 for the largest; a typical two bedroom sits in the low to mid teens. Confirm the figure on any unit |
| Parking | Attached garage; per current listings, spaces are typically rented or licensed for a separate monthly fee, and some homes include parking rights, so confirm exactly what conveys on the deed and with the association |
| Pets | Request the current written pet policy, including any restrictions and approval process. |
| Amenities | 24 hour concierge, an indoor pool, spa, and fitness facility that operated as a separate membership club and has been reported closed (confirm the current status and what residents can access), community room, game room, children’s playroom, rooftop terrace, package room, bicycle storage, and a PATH shuttle the building has run (confirm the current schedule) |
| Transit | Hudson-Bergen Light Rail at 2nd Street (a few minutes’ walk) to Hoboken Terminal and Jersey City; the building shuttle to the PATH; a 15 to 20 minute walk to the Terminal; the 126 bus on Washington Street |
| Neighborhood | Southwest Hoboken: Southwest Park and the resiliency park a few blocks south, the ShopRite and the west side retail nearby, Church Square Park to the northeast |
What the Sky Club is like to live in
It is a proper tower: elevators, a staffed lobby, and an in-building pool and gym facility whose current operating status should be confirmed. The east facing homes on the upper floors look over the rooftops of Hoboken to the Manhattan skyline, and the views from the 12th floor up are as good as anything on the west side of town. The west side location means you are closer to the light rail and the parks than to Washington Street, and it means the price per square foot is meaningfully lower than the waterfront’s.
The trade offs are honest. The building is twenty years old, so finishes vary from original to fully renovated, and the association is at the age where elevators, the pool, and the facade are on a replacement cycle. And flood risk is real on this side of town; the ground floor and garage carry the direct exposure, and upper floor homes still share the building-wide costs (master flood premiums, deductibles after an event, and repairs to the garage, lobby, and mechanicals), and the city’s Southwest resiliency work has changed the picture since Sandy.
What sets the price inside the building
Floor and exposure first. East facing homes above the tenth floor with skyline views trade at a premium to the same layout facing west or the courtyard. Renovation second. A renovated two bedroom with new kitchen and baths can trade $100,000 above an original finish home of the same size. Parking third. Homes whose deeds actually include two or three spaces are rare (most parking here is rented separately) and draw car owners who cannot find that anywhere else in Hoboken. Layout last but not least: the building has an unusual number of floor plans, including a few combined homes near 3,900 sq ft, and efficient two bedrooms live larger than their square footage.
Documented sales at the Sky Club
My own closing, public record and listed on my Track Record page:
| Unit | Year | Price |
|---|---|---|
| 12E | 2023 | $867,000 |
For context, in the summer of 2026 two bedroom homes were asking $785,000 (unit 9RS, 1,220 sq ft), $799,898 (unit 16PN, 1,141 sq ft), and $915,000 (unit 6H, 1,268 sq ft), and rentals ran from about $4,000 to $9,500 per month. Against a $1.2 million to $1.5 million price for a similar two bedroom at 1400 Hudson or Maxwell Place, that is the value argument in one line.
What buyers should know
Buy the view or buy the value, and know which one you are doing. Ask for the association’s reserve study, the last two years of financials, and any special assessment history; in a 2004 tower with a pool, that is where surprises live. Confirm how many parking spaces convey and whether they are deeded. Confirm the flood designation and the association’s coverage. And run the true monthly number: at recent tax and HOA levels a $850,000 two bedroom carries roughly $1,500 to $2,000 per month in taxes and dues before the mortgage, which is why a lender counts dues the way it does.
What sellers should know
Your buyer is comparing you to the waterfront and deciding whether the discount is worth it, so make the discount visible: price from the building’s own closed sales, show the view if you have one, and put the pool, the gym, and the parking in the first three photos. Renovated homes should document the work; original finish homes should be priced as such and marketed on layout and light. Well priced Sky Club homes move in the first two weeks because the buyer pool for a full amenity building under $900,000 in Hoboken is deep.
Quick answers about the Sky Club
Is the Sky Club a good building to buy in?
For buyers who want a full amenity tower (indoor pool, gym, concierge, garage, PATH shuttle) at a discount to the waterfront, it is one of the best values in Hoboken. Do the association diligence a twenty year old building deserves.
What are the HOA fees at the Sky Club?
Recent listings show about $480 to $820 per month, averaging near $680, and dues include water. That is lower per square foot than the waterfront towers.
Does the Sky Club have a pool?
The towers were built with an indoor pool, spa, and fitness center that operated as a membership club with fees separate from HOA dues; the club has been reported closed, so confirm the current status. Other amenities include a rooftop terrace, a game room, and a children’s playroom.
Is the Sky Club close to the PATH?
The building has run a complimentary shuttle to the PATH at Hoboken Terminal (confirm the current schedule), the 2nd Street light rail stop is a few minutes’ walk, and the Terminal itself is a 15 to 20 minute walk.
What have homes at the Sky Club sold for?
I sold a two bedroom, unit 12E, for $867,000 in 2023. In mid 2026, two bedroom homes were asking $785,000 to $915,000.
Is the Sky Club in a flood zone?
The west side of Hoboken carries flood risk at street level; the building’s garage and ground floor are the direct exposure, and upper floor homes still share the building-wide impact through the master flood policy, its deductible after an event, and any assessments for repairs to the garage, lobby, and mechanicals. Confirm the current FEMA designation, the association’s flood coverage, and its reserves.
Nearby buildings
The Upper Grand · Wonder Lofts · Southend Lofts · The Residences at W Hoboken
Tools for this building
Condo carrying cost calculator · NJ seller net sheet · What HOA fees cover in a Hoboken condo · Do you need flood insurance in Hoboken?
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
Value-focused comps for the Sky Club and southwest Hoboken: 908-227-8226.