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Luxury Apartments in the Jersey City Area are a Success

Written by Posted On Monday, 24 July 2017 14:13
Luxury Apartments in the Jersey City Area are a Success Luxury Apartments in the Jersey City Area are a Success Google Maps

The following link will direct you to the best research article I’ve come across in regards to what’s happened in Jersey City ‘s gentrification . The article is from 2014, however much of what was mentioned in the article has now transpired…successfully.

In real estate, the mantra usually is ‘location, location, location.’ For Jersey City, it’s ‘timing, timing, timing,’ ” and “Jersey City is like the actor who worked for 30 years and all of a sudden gets a great role and is nominated for an Academy Award,” are two witty quotes that do best describe Jersey City. This one-time rough and gritty industrial hub is turning into one of America’s fastest growing real estate markets both residential and commercial. Why Jersey City even has cultural amenities such as the Mana Contemporary which opened in a 1920’s-era manufacturing building to provide services, spaces, and programming for artists, art collectors, and performers. And Jersey City has the fully restored Loew’s Jersey Theatre, which was built in 1929, slated for demolition in 1987, but saved by residents who sought to restore the movie house.

In 2014, the best count on future plans were for 11,948 luxury apartments in the Jersey City area, 7.2 million square feet of office space, 1 million square feet of retail space, and 19,701 parking spaces. Many of the mentioned projects are completed now and others are yet to be built.

Luxury apartments in New Jersey have become extremely competitive now that Jersey City is in the spotlight. There’s one project that wasn’t mentioned in the article because it wasn’t built yet and that’s The One – Jersey City, where they pulled out all the stops. The One, a 36-story building, offers a mix of 400+ studios, one-and two-bedroom luxury apartments and the best of resort style living. Arrive to a lobby with beautiful seating and a fireplace. There’s also a stunning rooftop sun deck providing more spectacular views of the Hudson River, Statue of Liberty and a glitzy Manhattan skyline at night. The One features an outside pool with cabanas for your privacy and shade for the kids. Cushioned lounge chairs, tables and chairs are provided along with a beautiful view of the Waterfront area. The doormen are always friendly and accept packages, including groceries that need cold storage. If you’re relocating to Jersey City or already a resident and would like more information on availability and rent rates, stop by and see them at 110 First Street.

Listing Additional Info

  • State: New Jersey
  • Address: 110 First Street
  • City: Jersey City
  • Zipcode: 07302
  • SOLD: no
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