The Oakman
The Oakman is the Powerhouse Arts District’s signature condominium: 159 residences behind a brick facade that honors the district’s industrial bones, three blocks from the Grove Street PATH.
The Oakman is the Powerhouse Arts District’s boutique tower: 159 homes behind a brick facade by Fogarty Finger that was designed to look like it belonged next to the district’s warehouses, with a rooftop pool, a 24 hour concierge, valet parking, and Italian kitchens, three blocks from the Grove Street PATH. Completed in 2016 by the Schuster Group, it is the building buyers choose when they want new construction and a pool without a 400 home tower, and it holds its value on exactly that.
Building facts
| Address | 160 First Street, Jersey City, NJ 07302 (Powerhouse Arts District, between Marin Boulevard and Provost Street) |
|---|---|
| Completed | 2016 |
| Developer | The Schuster Group |
| Architect | Fogarty Finger |
| Height | 15 stories |
| Residences | 159 condominiums, studios to three bedrooms plus penthouses |
| Typical sizes | Studios about 560 to 610 sq ft; one bedrooms about 680 to 870; two bedrooms about 820 to 1,270; three bedrooms about 1,190 to 1,570; penthouses larger |
| Ownership | Condominium |
| Property taxes | Confirm whether the building carries an abatement and its schedule with the Jersey City Tax Assessor; listing tax lines vary widely and should be read against that answer |
| HOA dues | About $0.89 per square foot per month, with recent listings from about $640 to $850 a month; confirm the current figure and inclusions on any listing |
| Parking | On site garage with valet, for an additional monthly fee or with a space that conveys; EV charging available; confirm on the listing |
| Pets | Allowed, with a pet grooming station on site |
| Amenities | Rooftop pool and lounge with grills and skyline views, 24 hour concierge and valet, fitness center, residents’ library and business center, children’s playroom, cold storage for deliveries, bike storage, landscaped roof terrace |
| Interiors | Nine foot ceilings, oversized picture windows, hardwood floors, Italian cabinetry with Bosch, Miele, and Bertazzoni appliances, in unit washers and dryers |
| Transit | Grove Street PATH about five minutes on foot (World Trade Center in about eight minutes, 33rd Street in about 20); Newport PATH and the Hudson-Bergen Light Rail about ten minutes; the Harborside ferry about twelve |
| Neighborhood | The Powerhouse Arts District: the landmark Powerhouse, galleries, the restaurants of Bay, First, and Provost Streets, 10 Provost and Cooke Lofts nearby, and the Newport towers to the north |
What the Oakman is like to live in
The building was built for the district rather than dropped into it: brick outside, big picture windows inside, and a roof that is the best summer amenity in this part of Downtown, with a pool, grills, and the skyline over the Newport towers. The lobby is staffed around the clock, the valet takes the car, and the cold storage room takes the groceries. At 159 homes it is small enough that the staff know the residents. The people who live here are downtown professionals, Manhattan and Brooklyn transplants who wanted a new building near the PATH with a pool, and families who use the playroom and the roof; the rental share is moderate. The trade offs are the dues that fund the staff and the pool, and views that are over the district rather than at the water from most lines.
The lines and floors that set the price
Exposure and height first: the north and east facing homes on the upper floors look over Newport to the skyline, and the south facing homes look over Downtown; the building is tall enough to clear the district by the eighth floor. Layout second: the two bedrooms with two full baths near 1,100 to 1,270 sq ft are the core product, and the true three bedrooms are scarce. Outdoor space third: the homes with terraces are their own market, and the penthouses, which run to several thousand square feet, trade far above the building’s band. Parking last: a home with a deeded space is worth more than one on the valet fee.
Sales context
I have not closed inside the Oakman, but I have sold across the district and Downtown, and I price it against 10 Provost (2018, taller, Toll Brothers), the district conversions (Cooke Lofts, where I sold the same loft in 2021 and 2026), and Columbus House (2025, boutique, Van Vorst Park) on price per square foot and monthly cost. For context, in the summer of 2026 unit 1111, an 840 sq ft two bedroom with one bath, was asking $825,000, and a 1,270 sq ft three bedroom was renting for $6,300 a month. The building’s price band runs from the low $600,000s for studios to about $1.2 million for the larger three bedrooms, with the penthouses well above.
What buyers should know
Settle the tax question with the assessor first. Confirm the parking and its cost. Read the association’s financials; a 2016 building with a rooftop pool and a 24 hour staff has a real operating budget, and the reserve for the pool and the roof matters. Compare the true monthly number with 10 Provost and a renovated district loft; the Oakman usually wins on the pool and the scale of the building, and the right buyer here knows they are paying for both.
What sellers should know
District buyers tour this building every week, so accurate pricing meets a ready audience. Price from your own line’s closed history, lead with the roof, the concierge, and the kitchen, and position against 10 Provost and the conversions rather than against the waterfront, because your buyer has already decided not to pay the waterfront price. Show the true monthly number including parking.
Quick answers about the Oakman
Does the Oakman have a pool?
Yes, a rooftop pool with a lounge, grills, and skyline views, which is the building’s signature amenity.
What are the HOA fees at the Oakman?
About $0.89 per square foot per month, with recent listings from about $640 to $850 a month; confirm the current figure and inclusions on any listing.
Who built the Oakman?
The Schuster Group, with Fogarty Finger as architect, completed in 2016 with 159 homes behind a brick facade designed for the district.
Does the Oakman have parking?
Yes, an on site garage with valet service for an additional fee or with a space that conveys, plus EV charging; confirm on the listing.
How close is the Oakman to the PATH?
About five minutes on foot to Grove Street, which reaches the World Trade Center in about eight minutes and 33rd Street in about 20.
How does the Oakman compare to 10 Provost?
The Oakman is the smaller building with the rooftop pool and the brick facade; 10 Provost is taller with better views from the upper floors and a larger Toll Brothers amenity floor. Buyers who want the pool and the boutique scale choose the Oakman.
Nearby buildings
10 Provost · Cooke Lofts (140 Bay) · Columbus House · Dixon Mills · Hamilton Square · Gulls Cove
Tools for this building
Jersey City Abatement Checker · Condo carrying cost calculator · NJ seller net sheet · Is new construction worth it on the Jersey City waterfront?
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
Arts District comps and pricing strategy for the Oakman: 908-227-8226.