About Montgomery Towers

Montgomery Towers is a two-hundred apartment high-rise doorman building located in the Paulus Hook section of Jersey City downtown, the heart of the Gold Coast.  Within blocks of the Grove Street and Exchange Place PATH stations; approximately a six minute ride to Wall Street and twenty minutes to Midtown.  Easy and quick access by car to the Holland Tunnel and New Jersey Turnpike (Rt 95).  Liberty State Park (Statue of Liberty picture) -- the most popular park in the State -- is a short, beautiful walk past historic brownstones and the Liberty Marina.   Surrounded by some of the newest and most exciting restaurants and retail stores in New Jersey.  Sales and rentals are unrestricted. 

 

The information below is deemed reliable, but is not guaranteed:

Year built:  1966

Converted to Montgomery Towers Cooperative Corporation:  May 17, 1989

Total apartments:  200

Total stories:  21

Total lot size:  46,188.40 square feet (survey)

Hudson County Tax Map Designation:  Block 168.1, Lot 3 

Total shares:  120,886

Mortgage interest/share/year (2010) (see attachment at bottom):  $5.31

Taxes/share/year (2010) (see attachment at bottom):  $3.42

Maintenance/share/year (2011):  $17.48 (inc. property taxes, all utilities & mgmt fee)

Percentage of maintenance payment deductible (2010):  49.94%

CONTACT INFORMATION:

Management:  Signature Property Group (Arthur Foyer afoyer@spgroup.biz): 140 Sylvan Ave., Englewood Cliffs  07632 201-947-1001 

Counsel:  Strull & Lans, L.L.C. (Jared Lans, Esq. jlans@strullandlans.com):  411 Hackensack Ave. 3rd Fl, Hackensack 07601  201-457-9400

The Board of Directors:  montgomerytowers@yahoo.com

Montgomery Towers insurance agent: B & G Group, Inc. (Dena Aalto daalto@thebggroup.com) 55 West Ames Ct., Plainview, NY  11803  516-576-0400