Frank Sinatra’s Hoboken Continues Renaissance With Sleek $3.9 Million Townhouse

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Hoboken, New Jersey. Home of the “Cake Boss,” disputed birthplace of baseball, and hometown of ol’ blue eyes (Frank Sinatra).

The backyard façade soars in walls of glass and wood accents.

Here, you don’t “want to be a part of it—New York, New York.” Here, you want to be conveniently near it. A two-square-mile sliver along Jersey’s booming “Gold Coast,” Hoboken is Manhattan’s mirror—mere waves across the Hudson River, offering perhaps the world’s best view of the Big Apple skyline.

Sleek 707 Park Avenue’s 19-foot-high ceilings and oversized windows invite natural light.

Young professionals, active families and well-heeled New York City transplants (nearly 15,000 new residents since 2000, a 28% increase) are flocking to this vibrant city—an accessible transportation hub with magnificent brownstones, quality schools, gyms, shops, parks, restaurants, bars, and cars. Did I mention cars? Even Hoboken’s frustrating lack of street space inspires the most imaginative double parking on earth (it’s practically an art form). About 53,000 citizens amicably stroll, jog, bike, wakeboard, shop, commute, drive, and inhabit the township’s tight space, just like New York.

Rendering of 707 Park Avenue’s Scavolini kitchen and lattice wall stairway. The Scavolini kitchen features Sub-Zero and Miele appliances.

A housing renaissance is booming in this part of Hudson County, fueled by Hoboken and neighboring Jersey City, which post 9/11, lured (via huge tax credits) high-profile corporations like Ernst & Young and Goldman Sachs; luxury developments; and high-net-worth property buyers.Hoboken’s ideal location (it’s closer to Midtown and Wall Street than Brooklyn) and cultural options make it an attractive alternative to Manhattan’s exorbitant home prices.

The modern lattice wall was meticulously created by hand, piece-by-piece by an artisan.

“People who’ve been priced out of Manhattan and Brooklyn are coming over and [discovering how much more value they get] on this side of the river,” says Harout Dermenjian, a North Jersey developer and agent representing Berkshire Hathaway HomeServices Hudson River Properties. “The town has the feel of a neighborhood with the attitude of a city.”

707 boasts open rooms, open ceilings, white oak floors and sleek staircases.

Hoboken, a Native American moniker mixed with Dutch influence, was founded in the 17th century and later developed by Colonel John Stevens as a resort. No wonder people are converging to this waterfront gem. Even fictional Bugs Bunny and Hurricane Sandy paid visits, unwelcome as she was.

The master bathroom offers panoramic views of Hoboken and the New York City skyline.

Today, Hoboken is famous for Sinatra (the world’s greatest crooner); Carlo’s Bakery (of Cake Boss fame) whose popular confections prove irresistible for sweet toothers who negotiate long lines; and allegedly baseball’s first official game which was played on Elysian Fields here in 1846, predating Cooperstown, N.Y.

Celebrity master baker, Buddy Valastro of Carlo’s Bakery, hands out slices of cake in Hoboken, New Jersey. (Charles Sykes/AP Images for 7-Eleven)

Hoboken’s famous residents include New York Giants quarterback Eli Manning, New Jersey Senator Bob Menendez, filmmaker John Sayles, and The Today Show’s Natalie Morales—who likely enjoy the small-town ambiance and big city convenience at their doorstep.

A woman runs along the Hudson River in Hoboken in view of the Empire State Building. (Photo by Chris Hondros/Getty Images) Hoboken view of the Manhattan’s World Trade Center and 9/11 ‘Tribute in Light.’ (Photo by Michael Bocchieri/Getty Images)

Despite limited inventory, Hoboken home values have skyrocketed with 2016 single-family sales averaging $2.1 million (for 37 homes, 14 of which topped $2 million). Comparatively, 2012 tallied 37 single-family homes sold, none for more than $2 million, according to Berkshire Hathaway HomeServices Hudson River Properties.

The sleek home has five bedrooms, four bathrooms, unique window treatments and custom light fixtures. Large bedroom space with wide plank white oak floor.

This trend makes Hoboken’s 707 Park Avenue especially unique. Just hitting the market and tucked within a cozy brownstone block, the über modern $3.895 million townhouse is a game-changer—unlike anything Hoboken has ever imagined. Co-developed by Dermenjian (who is also the listing agent) and celebrity interior designer Robert Jenny, the meticulous five-bedroom, four-bathroom home delivers luxurious Tribeca-style design features at a Hoboken price (Dermenjian suggested the townhouse might cost $12 million if it was in Manhattan). The elegant home is the showcase property for the two proprietors, whose partnership launched with smaller Jersey City projects.

707 Park Avenue’s townhouse includes expansive diva-worthy closets.

“707 Park is unique because it’s the only home in town like it,” says Dermenjian. “The front façade resembles the classic, timeless look seen along Hoboken’s streets and the rear façade is a sleek, modern wall of glass [one terrace expertly adorned in wood]—a perfect merger of styles.”

Despite its sleekness, Hoboken’s 707 Park Avenue maintains a traditional brownstone façade front.

The standout five-level townhouse is a contemporary work of art. Its front façade is crafted of white stone (a teaser of something special inside), yet it still blends with neighboring brick brownstones. Interiors are highlighted by soaring glass walls, white oak floors, 19-foot-high ceilings, custom wall accents and light fixtures, a stylish Scavolini kitchen (with Miele & Sub-Zero appliances), enough closet space for dueling divas, a kid-centric floor, and enviable views of Manhattan’s skyline (most spectacularly from the master bathroom soaking tub). Each bathroom features a unique shower wall treatment. The bottom floor, which could serve as a media room, is finished in traditional Hoboken red brick. Outdoor space includes a rooftop terrace and a backyard.

The exquisite lattice walls elevate throughout each level of the townhouse.

HOBOKEN, NJ – OCTOBER 10: A train pulls into Hoboken Terminal during afternoon rush hour, October 10, 2016 in Hoboken, New Jersey. On Monday morning, partial service resumed at Hoboken Terminal for the first time since the Sept. 29 crash that killed one person and injured more than 100. (Photo by Drew Angerer/Getty Images)

“We chose the Scavolini kitchen because it didn’t resemble a typical kitchen when you looked at it,” says Dermenjian. “It looks more like art. The lattice wall, the recessed outlets, trimless recessed lights, and all the glass are just some of the custom elements that added to [the townhouse’s uniqueness].”

A second kitchen area graces another floor.

In a rare move, Dermenjian and Jenny sacrificed square-footage for aesthetics—recessing precious floor space to allow more ceiling height. But don’t fret, there’s still plenty of room for a large well-to-do family—and possibly even an exotic pet giraffe.

The home features a variety of bathroom styles.

HOBOKEN, NJ – OCTOBER 10: A train pulls into Hoboken Terminal during afternoon rush hour, October 10, 2016 in Hoboken, New Jersey. On Monday morning, partial service resumed at Hoboken Terminal for the first time since the Sept. 29 crash that killed one person and injured more than 100. (Photo by Drew Angerer/Getty Images)

Modern bathroom with traditional Hoboken brick wall.

Working with clients you limit the capability to show your true talent because you’re building the final product to suit their taste,” says Dermenjian. “And sometimes that taste is completely the opposite of yours—like a vegan chef cooking steak. So when we acquired 707 Park, we saw the opportunity for Rob [Jenny] to showcase his capability and raise the bar. I think we accomplished that with flying colors.”

Hoboken Terminal is a main train hub to Midtown Manhattan and Wall Street. (Photo by Drew Angerer/Getty Images)

Hoboken hasn’t been this popular and cool since Bug’s Bunny escorted a penguin to the South Pole only to discover the lost animal was Hoboken born and raised—eliciting the 14,000-mile off-course rabbit to utter, “Hoboken? Oooh, I’m dyin’…!”

But that’s fiction. Today, Frank Sinatra’s hometown is the real deal—and the biggest deal of all is sleek 707 Park Avenue. So start spreading the news.

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