325 Ferry Street, a brand new collection of 91 luxury rental residences in Newark’s bustling North Ironbound neighborhood, is now open for leasing, the community’s developer announced today.
Renters are demonstrating a strong interest in the community, leasing more than 35 percent of the available residences rapidly in the days following the community’s opening. The attraction of brand-new, modern living spaces, upscale amenities, a high-tech/energy-efficient lifestyle experience, and a private daily shuttle to and from both Newark Penn Station and the Harrison PATH Station, is proving to be a winning combination. Now the community’s first move-ins are scheduled for April 1st.
Two-bedroom rental residences are currently available at the community. They offer up to 1,116 square feet of living space, at prices starting from $2,317.
“We are proud of the overwhelmingly positive response 325 Ferry Street has received since we launched leasing,” said T. Gary Gutjahr, who developed the property along with his partner J. Gordon Gutjahr. “With our first move-ins expected in April, we look forward to providing our residents with finely-crafted living spaces and an amenity-rich, commuter-friendly lifestyle in one of the most vibrant neighborhoods in New Jersey.”
325 Ferry Street is one of the latest examples of Newark’s revitalization. It not only delivers 91 brand new luxury rental residences to North Ironbound, but it also will include street-level retail that will soon be occupied by a 5,000 square-foot sports bar, a Neapolitan Express Pizzeria, and a pet grooming salon.
Influenced by the many different ethnic groups who inhabited the neighborhood throughout the 19th, 20th and 21st centuries, North Ironbound is a prosperous, close-knit urban neighborhood teeming with culture. It is popular for its Portuguese bakeries, Brazilian steakhouses, upscale seafood restaurants and street festivals. Ferry Street is the neighborhood’s main artery, home to hundreds of unique businesses that contribute to the local flavor.
The neighborhood boasts a walk score of 94, more than 170 restaurants and 570 businesses. 325 Ferry Street puts residents in the heart of it all. Manhattan is easily commutable, enhanced by a private daily shuttle to and from both Newark Penn Station and the Harrison PATH Station, where commuters are whisked to the World Trade Center in about 20 minutes, and to 33rd Street in about 32 minutes via transfer.
Three two-bedroom, two-bath home designs are currently available, offering a central open floorplan and large walk-in closets in both bedrooms. Many of the homes include two outdoor balconies.
The luxury apartments at 325 Ferry Street are ultra energy efficient, and select residences feature New York City skyline views.
The apartments will be serviced by GIGXERO™ unlimited gigabit internet, an ultra-fast connection designed to offer users reliability, flexibility, security, and unmatched internet speeds up to 20 times faster than a standard 50-megabytes-per-second connection. Residents will be able to use multiple devices, stream television or videos, work from home, play games and enjoy an overall superior internet experience through the provider’s pure state-of-the-art data network.
Found throughout the homes at 325 Ferry Street are elevated nine-foot ceilings, expansive windows with opaque shades in living areas and room darkening shades in bedrooms, fully-insulated double walls and solid core doors for sound suppression, designer vinyl plank flooring, and ceramic tile in kitchen and baths. Chef-inspired gourmet kitchens include quartz countertops, oversized peninsulas that seat four, undercabinet task lighting, GE stainless steel appliances, and a separate dinette area in most units.
A full washer and gas dryer, high-efficiency air conditioning and gas heating furnace, and bedroom walk-in closets with shelf and rods are included in every residence.
“For more than 20 years, we have built custom, luxury homes in some of the most desirable locations in northern New Jersey, and now that same custom approach is attracting residents to 325 Ferry Street,” J. Gordon Gutjahr said. “We look forward to providing our residents with an exceptional lifestyle experience in a mixed-use luxury building that contributes to the overall vitality of the neighborhood.”
In addition to the private VIP shuttle service, residents will enjoy a full complement of amenities designed to enhance their lifestyle. Those amenities include a custom fitness studio with cardio and weightlifting equipment, a relaxing lounge with flat screen TV, Wi-Fi, coffee bar, and fireplace, and a beautiful outdoor patio with seating and picnic area, fire pit and games.
Secure, covered parking and surface parking will be available to residents, as well as electric car charging ports. Packages will be delivered to a generously-sized parcel/package room, with refrigerated parcel lockers. Climate-controlled storage units will be available, digital security cameras will provide surveillance, and an on-site building manager will be available to tend to the needs of residents. A smart and secure phone and residence app will manage the entrance system. 325 Ferry Street will be a pet-friendly community.
325 Ferry Street was designed with a walkable lifestyle and the day-to-day convenience of residents in mind. A full-service grocery store and new CVS will be located just steps from residents’ front door. Other nearby destinations include the New Jersey Performing Arts Center and the Prudential Center, home to a number of sporting events and concerts held throughout the year.
Residents of 325 Ferry Street will be well-connected to the city, the region, and the world, able to access the PATH system, NJ TRANSIT rail service, the Newark Light Rail, Newark Liberty International Airport, and several major highways all in a matter of minutes. Hoboken, downtown Jersey City and Harrison are just a few of the nearby destinations on this side of the Hudson River residents will be able to reach, often in under 30 minutes.