Back 557/50 Journal Square
Off Market

557/50 Journal Square

Jersey City NJ 07306

2
2
1278 sq. ft.
Condo
Last sold for $715,000
LEILANI CHINLEILANI CHIN, last sold this property on 02 July 2025 after 70 days on market.

Overview

Located in the full-service Canco Lofts, this spacious and bright corner unit boasts 1,278 sf of living space including two bedrooms and two full bathrooms featuring central AC, white oak hardwood floors, in-unit washer/dryer and bonus in-building storage unit. This voluminous loft with 14? ceilings and 11? windows begins with a lovely entry way with coat closet flowing beautifully into its Northeast facing open concept living room and dedicated dining area. The picturesque sunset views of Manhattan?s skyline including the Empire State and Chrysler buildings make this condominium a rare opportunity and one of the best in the building. The minimalist kitchen is simple and sleek with an island for seating and storage, stainless-steel appliances, glass backsplash, deep sink with garbage disposal and plenty of spacious cabinets. The primary bedroom has a generous closet and en-suite bathroom with double vanity and walk-in shower. The second bedroom can comfortably fit a queen-sized bed, although currently used as an office & TV room. The large guest bathroom has a deep soaking tub. Built in the 1920s, this former American Can Company was converted in 2008 with much desired conveniences and 10,000 sf of amenities including 24 hour doorman, shuttle service to PATH Monday-Friday, common recreation lounge with pool tables and catering kitchen, office space with high-speed WiFi, basketball court, screening room, over the top 4,000 sf fitness center with yoga room, sundeck, dog park & spa, children?s play room, in-building rental parking at $250/month and access to outdoor swimming pool nearby with additional fee. Tax abatement in place until 2039.

Features

2 bedrooms
2 bathrooms
1278 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Jersey City over the last 12 months, the estimated median property value of 557/50 Journal Square is $540k.

Median value
$540k
Estimated value range
$200k - $735k
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Jersey City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 557/50 Journal Square

2025
Sold
$715,000
02 Jul 2025 by LEILANI CHIN, of CORCORAN SAWYER SMITH
2021
Sold
$580,000
12 Apr 2021 by JASON FLESHER, of CORCORAN SAWYER SMITH

Happy sellers in Jersey City

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We have insufficient information to provide an overview of customer satisfaction for Jersey City. Viewing the agent profiles, reviews and sales for Jersey City can provide insights for this location.

Local market activity for 2 bedroom condos in Jersey City

In the last 12 months, 49 two-bedroom condos similar to 557/50 Journal Square, have been sold.

This represents a 8% increase in two-bedroom condos sales when compared to the previous 12 months.

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