Skyline Development Group Rolls Out Mortgage Buydown Program and $1,500 Lender Credit at Upscale 15-Story Building
NORTH BERGEN, NJ – Skyline Development Group has rolled out special new financing programs that will provide a clearer path to homeownership at Solaia, the upscale collection of new condominium homes and next-level health and wellness amenities in the hidden gem of North Bergen, between Edgewater and Weehawken on the Hudson River waterfront.
The developer has arranged a limited-time mortgage buydown at the boutique building that includes 2% off interest rates in the first year of homeownership and 1% off the market rate in year two. The program provides qualified buyers considerable savings on a 30-year fixed rate mortgage with a 25% down payment.
The financial incentives do not end there. Skyline Development Group has also secured a $1,500 lender credit that can be applied towards closing costs for purchasers who finance with the building’s preferred lender, NJ Lenders Corp. Combined with the fact that North Bergen offers one of the lowest real estate tax rates in Hudson County, the financing programs firmly position Solaia as a high-end value on the New Jersey “Gold Coast.”
“We’ve discovered there are many condominium buyers on the fence about purchasing due to uncertainty with interest rates,” said Louis Mont, Chief Executive Officer of Skyline Development Group. “The mortgage buydown program was introduced to ease their concerns and reduce monthly costs. The lender credit provides an additional cost benefit to lessen the money needed at the time of closing. Together, these incentives create both immediate and long-term savings. This program also allows purchasers to have a fixed rate they can rely upon in the future or the option to refinance if rates come down.”
Solaia boasts a mix of 70 well-appointed one-, two- and three-bedroom homes with just seven Manhattan-facing residences per floor. Residences are priced from $699,000 to $1.5 million. The Marketing Directors serves as the building’s exclusive sales and marketing agent.
“Despite challenges in the much of the for-sale market, Solaia continues to record sales,” added Jaqueline Urgo, President of The Marketing Directors. “Its acceptance by homebuyers no matter the circumstances proves its popularity and speaks volumes about its ability to deliver a high level of value, quality and luxury to the customer base. We believe the appeal of Solaia will grow even stronger with the introduction of these new programs.”
Nestled in the Palisades Cliffs overlooking the Hudson River and Manhattan skyline, Solaia has become the preferred choice for homebuyers seeking the luxury and opulence of a designer condominium and the benefit of living in a building that has created a new level of indulgence with an emphasis on a healthier, more balanced lifestyle.
Designed by renowned architectural firm Architectura and curated by Doni Douglas, Solaia fully maximizes its natural and picturesque surroundings on an elevated, secluded street adjacent to the historic Palisades Cliffs and overlooking the majestic Hudson River. The light-filled residences feature expansive, energy-efficient windows, dark espresso flooring, in-home full-size washer and dryer, and living rooms with gas fireplaces, along with Smart lights, thermostats, and Latch keyless entry to homes and amenity spaces for everyday convenience. Most homes also have private outdoor space.
Kitchens boast custom Italian cabinetry, SapienStone countertops with waterfall islands, and GE Café Wi-Fi enabled appliances. Luxurious master bedrooms call attention to custom closet systems and five-fixture en-suite baths with Seedwood tile feature walls and oversized soaking tubs.
The awe-inspiring 10,000 square-foot one-of-a-kind amenity collection at Solaia was designed as a holistic approach to balanced living. Highlighting the spa-infused offering is The Sanctuary, a three-story wellness center dedicated to rejuvenation and active lifestyles for exclusive use of the residents and their guests. Its exceptional spaces include a fully equipped fitness center with 18-ft. ceilings, TRX and boxing, and a steam room, sauna, experiential rain shower, Himalayan salt inhalation therapy room with infrared relaxation stations, jetted vitality tub, and dressing rooms with personalized residents’ lockers.
Other amenities include a co-working space with private conference room, and a resident lounge featuring a fireplace, billiards, demonstration kitchen and event space. Outside, there’s a dog run and a cliffside roof deck with a custom outdoor kitchen, BBQs, dining areas, firepits and lounge seating.
Solaia is perfectly situated between Edgewater and Weehawken to take advantage of New Jersey Gold Coast living. Just minutes away are eclectic offerings of dining, shopping, lifestyle essentials and waterfront recreational and nightlife pursuits in Edgewater, Weehawken, North Bergen and Hoboken. Lifestyle destinations such as Whole Foods and Starbucks are also nearby. Its transit-rich location has long attracted those commuting to New York City for business and pleasure who appreciate its proximity to the George Washington Bridge, Lincoln Tunnel, Hudson Bergen Light Rail and NY Waterway Port Imperial Ferry Terminal.
Less than five minutes from Solaia is the James J. Braddock North Hudson County Park, an expansive 167-acre cliff top oasis that offers endless recreational facilities, nature trails, playgrounds, picnic areas, the 16-acre Woodcliff Lake and more, all set against the backdrop of the New York City skyline.
For additional information on Solaia and to schedule a visit to experience the amenities and fully furnished model residences, please call 201.548.8000 or visit www.LiveSolaia.com. The onsite sales office is located at 8701 Churchill Rd, North Bergen, NJ 07047.