Located in highly desirable rental area of downtown Newark, this 155 luxury unit apartment building property is within walking distance of 2 train stations. The project achieved substantial completion with first move-ins in mid-December 2023 and is currently 90% leased, showing high demand, with stabilization on track to occur imminently. The building’s fitness center, business center, game room, movie theatre, lounge, grill, courtyard, and pet play area all add to its appeal. The studio, one, and two-bedroom apartments are well maintained with a mix of hardwood flooring and tiled bathrooms. This property is a 10-minute drive to train, ferry, and much more.

Adding to its attractiveness, the property benefits from a 20-year tax PILOT agreement, providing significant financial advantages. Newark offers a wide range of attractions, including its walkable downtown, which features a vibrant mix of restaurants, shops, and the Newark Train Station. Newark also contains a large park system with some of the largest parks in the county. Within a 10-minute drive are Rutgers Newark Campus, NJ Institute of Technology, and Newark Liberty Airport.