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Do not be fooled, the beacon condo is one of the worst investments you can make. You will be living in a high luxury jail surrounded by the worst of jersey city. The 1BR prices dropped from 350k to low 250k in 6 short months.
I know the area very well, the beacon building and amenities are very nice, but as soon as you step outside of the castle gate, it is a complete warzone. The beacon is located right next to the projects, in one of the worst areas of jersey city, and the only transportation is your car or their bus to the path station.
Many incidents of stabbing, mugging and other violent crimes have been reported in that area, just search the Jersey Journals.
Why anyone would pay money to live in a luxury zoo is beyond my understanding.
When are people going to realize that advertising anything here is a waste of time? That is not what the forum is for. It doesn't matter how it is disguised.
When will the light bulb go on? Or does a plate have to broken over the head?
Do not be fooled, the beacon condo is one of the worst investments you can make. You will be living in a high luxury jail surrounded by the worst of jersey city. The 1BR prices dropped from 350k to low 250k in 6 short months.
I know the area very well, the beacon building and amenities are very nice, but as soon as you step outside of the castle gate, it is a complete warzone. The beacon is located right next to the projects, in one of the worst areas of jersey city, and the only transportation is your car or their bus to the path station.
Many incidents of stabbing, mugging and other violent crimes have been reported in that area, just search the Jersey Journals.
Why anyone would pay money to live in a luxury zoo is beyond my understanding.
$250k for a 1 bedroom in that city ughhhhhhhhh that is scarey.............
$250k for a 1 bedroom in that city ughhhhhhhhh that is scarey.............
i do need to correct some misrepresentations of jersey city. Not ALL parts are bad, the exchange place (paulus hook) and newport waterfront of jersey city are very nice and safe areas. Beats hoboken and many other places. Just that those are bubbles areas, and most other parts of jersey city are terrible.
Those areas cost lots more accordingly- to rent or buy. I always had roommates and that was the only way possible for me.
In some of those areas you have people walking at night but for the most part there are very few businesses open after a certain hour. Unlike say Hoboken. With that taken into account you can understand why people wouldn't feel as safe.
I wish The Beacon well.
After all, it was not that long ago downtown JC was not a great place either. Things take time to turnaround. The Beacon is a great jumping off point for the area. That, with the eventual closing of Montgomery Gardens & the start of the Journal Square redevelopment, I'm happy with the slow, but progressive change.
People said Newport would not work either........
I wish The Beacon well.
After all, it was not that long ago downtown JC was not a great place either. Things take time to turnaround. The Beacon is a great jumping off point for the area. That, with the eventual closing of Montgomery Gardens & the start of the Journal Square redevelopment, I'm happy with the slow, but progressive change.
People said Newport would not work either........
yes i wish beacon well too, after all if the area turns around it just give us who work/live in jersey city more options. But currently it's really not a good place to be at. And journal square redevelopment will not start until end of year (they said the same thing last year), so who knows.
Newport transformation is very different than beacon. It's a very targeted NON RESIDENTIAL area, as most buildings are warehouses and abandoned factories. Lefrak came in and pretty easily leveled the whole place and basically put newport on top of it. Beacon is next to all the projects and residential area, good luck getting everyone to move out. In addition, the current market climate does not favor major initiatives. You will probably be waiting for a decade for that area to turn around, if it ever does.
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