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Mortgage Free Living at the Montrachet in Bayonne, NJ

Tuesday, August 31, 2010 / Coldwell Banker New Homes & Condominiums

HOBOKEN, NJ, AUGUST 31, 2010 – Condo buyers can enjoy Mortgage Free Living through a special program* at the Montrachet, a grand southern-inspired collection of townhomes at 151 Avenue C along the historic downtown area of Bayonne, N.J.  Coldwell Banker New Homes & Condominiums, one of the nation’s largest award winning residential brokerage firms, explains the builder, 151 Avenue C Development, LLC, will pay the mortgage for one full year for qualified buyers who go into contract by September 30, 2010 on any of the elegant two-bedroom, two bath units.  Purchasers will only have to pay maintenance fees and applicable taxes and insurance.  Special fall prices start from the mid-$300,000’s.


“This program represents an exceptional opportunity for prospective condo buyers, who have dreamed of owning their own home, but need the assistance to do it,” states Coldwell Banker New Homes & Condominiums Vice President David Schoner. “We applaud the builder for offering this program, and we urge potential buyers to visit during a special Open House on Sunday, September 5, 2010 to select a unit before they are sold out – and this wonderful chance to own a mortgage free home ends.”


The Montrachet is another project by the talents of Al Sambade and his team of seasoned professionals.  According to Schoner, “Al and his team of architects and planners are pioneers in creating condominium collections that add a new dimension to thriving urban areas with existing and at times historic residences.  Like the successful renovation of Victory Lofts on West 30th Street in Bayonne, they build condominiums with the latest techniques and brand name materials.  The results are stylish homes that provide affordable value with popular eco-friendly features.”


The Montrachet already is 30 percent sold, attracting a lot of attention due to its unique use of traditional architectural elements indicative of a bygone era.  Wrap around porches with balustrade railings, dormers, tall trimmed windows, and a widow’s peak roofline all accent the brick and sided building, which perfectly blends with the notable homes and shops that are revitalizing Bayonne’s enduring downtown area.  According to Al Sambade, one of the project’s principals, “We wanted to create the look and feel of the majestic era of southern living for condo buyers.  When they come home, it’s like walking into their own mansion with a grand salon entry and elevator taking them to one of the upper levels.”


Co-Site Manager Grisselle Martinez, part of the Gold Team at Coldwell Banker in Hoboken, agrees, “Each unit not only accentuates the grandeur of the building, but also offers its owners a world of luxury and convenience.  Owners enjoy a free flowing floor plan with birch, walnut and cherry inlaid floors; high ceilings; oversized Pella windows and sliding patio doors; and designer light fixtures.  The entry foyer leads into a large gathering room with beautiful views.  The fully equipped kitchen is functional and stylish with plenty of designer maple cabinetry, granite countertops, stainless steel GE appliances and a breakfast bar overlooking the living area.”


Owners love to relax in one of the two spacious bedrooms with large or walk-in closets and two full baths with tumbled stone walls, marble floors and stone topped vanity.  Martinez points out that one bathroom features a Jacuzzi tub with marble surround and the other offers a glass enclosed shower stall.  For owner’s convenience, each unit also features a stackable washer and dryer and individually controlled central air conditioning and heating.  Depending on the unit, owners enjoy an outer balcony.  Other features of the building include indoor parking with individual storage space, an exercise room with gym equipment, and a common area library perfect for reading and quiet relaxation.


The Montrachet is complimented by its exceptional location in Bayonne – a city that’s home to tree lined streets, classic ethnic cuisine, quaint shops and bars, excellent private and public schools, and a small town appeal.  “Bayonne is actually a peninsula, creating one of the state’s most active seaports,” explains Co-Site Manager Francesco Mazzaferro, part of the Gold Team at Coldwell Banker in Hoboken.  “The Royal Caribbean Cruise line leaves from Bayonne’s Cape Liberty Peninsula Terminal.  However, that is not the only recreation that its residents enjoy.  There are more than 17 playgrounds and 15 parks as well as the Bayonne Golf Club.”


For commuters, Bayonne is home to the award winning Bayonne Bridge which connects to Staten Island and New York.  Other routes include 440 and 78 which connect to the New Jersey Turnpike and Routes 1 and 9.  “With its downtown location, the Montrachet is close to the Bayonne Bridge and the Hudson-Bergen Light Rail Transit System,” notes Mazzaferro.


Prospective condo buyers, who wish to enjoy the benefits of Mortgage Free Living* in a new condo in a thriving urban area close to New York City, should visit the Montrachet at 151 Avenue C in Bayonne during its special Live Mortgage Free Open House Event on Sunday, September 5, 2010 from 1 p.m. to 4 p.m.  Units are also available for tour by appointment.  For further information, please contact Co-Site Managers Grisselle Martinez and Francesco Mazzaferro, part of the Gold Team at Coldwell Banker in Hoboken, at (201) 798-3300, by cell at (201) 725-5903 or visit *If the builder, 151 Avenue C Development, LLC, defaults on the mortgage payment, Coldwell Banker New Homes & Condominiums and its subsidiaries do not guarantee or are responsible for payment.


Coldwell Banker Residential Brokerage in New Jersey and Rockland County, New York, a leading residential real estate brokerage company, operates more than 60 offices with over 3,600 sales associates serving communities from Rockland County, N.Y. to Monmouth County, New Jersey. Coldwell Banker Residential Brokerage in New Jersey and Rockland County, N.Y. ( is part of NRT LLC, the nation’s largest residential real estate brokerage company.  NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices.


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