FAQs

Why is Union City a good, safe place to buy?
Union City is New Jersey's new alternative to Hoboken and Jersey City. Live 8 minutes from Manhattan and own for much less than renting there. The price of Union City condos are also about 20-25% lower than Hoboken's. This lower cost will save you between $500 and $700 per month in mortgage payments while still getting an additional 200-300 sq. ft. of living space. That's a decent savings considering that Union City's eastern border is adjacent to Hoboken's western edge. We believe that living comfortably must be measured in not only size as in square footage, but also affordability as in monthly payments.

Why is Union Square a better choice than the other condo buildings in Union City?
Since Union Square was designed and built after all the other condo buildings currently on the market and more importantly after the 2008 real estate and economic downturn, we were able to improve on their weaknesses and deficiencies to satisfy the changing needs and demands of today's buyers. Throughout this entire website you will see samplings of those improvements from larger square footage, lower monthly common charges, quieter interiors and its "Energy Star" designation.

What are the benefits of living in a building that is entirely "Energy Star" approved?
The well documented reason is that energy efficient systems, fixtures and appliances will reduce monthly household costs, but there is something else that you should consider. Today you are a buyer, but chances are that some day in the future you may become a seller. Wouldn't you prefer to offer a product that is currently "Energy Star" approved and already more technologically advanced than the others? A product that future buyers will surely be seeking as we all become more energy conscious. Union Square is a piece of the future, today.

Is it financially more prudent to own in a condo building with a smaller or larger amount of residences?
Buildings with large number of units (80+) typically feature more amenities than those with a smaller count (40 and under). In many of those buildings these amenities are rarely used or and are unnecessary and dramatically increase the operating budget. Since the budget is based on all the units contributing their allocated share of the expenses, a deficiency occurs if all the units are not sold and if the sponsors decide to walk away from their financial obligation to the project. A problem with living in the larger buildings is that there is a higher chance of the monthly maintenance charges increasing when all the owners are not able to make their scheduled payments. In this situation the existing unit owners will get stuck with a bigger share of the common charges.

What are the monthly common charges for the individual residences at Union Square and how do they compare with those of the other condo buildings in Union City?
At Union Square the monthly common charges are based on the amount of the square footage of your unit multiplied by .27 (27 cents per square foot). This figure is from 48% to 52% lower than some of the others. The operating budget for Union Square also includes a 10% reserve instead of the 5% that most condo buildings currently hold.

What are the benefits of having the "Virtual Doorman" system instead of a traditional doorman?
Union square is the only building in Union City with the "Virtual Doorman" technology. One of the reasons is a more complete service at a fraction of the cost thereby significantly reducing your monthly common charges. More than just security, with VDM your deliveries will be safely stored in the package room. Click here to learn more about Virtual Doorman®.

Why did the developers of Union Square install individual central a/c and heating systems instead of PTACs (Packaged Terminal Air Condition) like the majority of the other condo buildings in the area?
Although more expensive than PTACs the benefits to the homeowners out-weighed the extra cost. Apart from being noisy and using electricity, over time the surrounding casing could deform thereby causing air leakage and water damage to the walls and floors.

What are the advantages of having two elevators for only 40 residences?
The lower ratio of residences to elevators is important because it greatly decreases the wait time. Isn't it better to have one elevator for every 20 units instead of one for every 50?

What are the benefits of choosing the color of my hardwood floors and kitchen counter tops?
The choice of picking from 4 different colors of hardwood floors and 8 granite counter tops along with the fact that 20 of the kitchen cabinets are in espresso and 20 are in cordovan really achieves a custom experience that is not available at any condo building in Union City and probably not throughout Hudson County either.

Condos at Union Square