The first phase of Journal Squared, a massive project in Jersey City developed by KRE Group and National Real Estate Advisors, is officially on the market. Leasing launched this week for the first tower’s 538 apartments. Eventually, the development’s three towers will collectively bring 1,838 apartments, 36,000 square feet of retail, and a public plaza to the Journal Square neighborhood.
Apartments in the 432 Park look-alike will begin on the ninth floor to ensure that “each apartment offers spectacular views of the Hudson River, Statue of Liberty, and the Manhattan skyline,” per a release. More than half of the units are one-bedrooms with open floor plans, hardwood floors and oversized windows.
The 53-story tower, designed by Hollwich Kushner and Handel Architects, also comes with some pretty nice amenities. Spread across 10,000 square feet of space, residents will have access to a lounge, library, fitness and yoga center, billiards room, swimming pool, and a work/play space dubbed “Club JSQ.” There’s also a 24-hour concierge and “social events” like happy hours and workshops.
Though rents aren’t exactly cheap, they’re lower than you’d find for a building offering similar apartments and amenities in Manhattan or Brooklyn. Prices start at $1,800/month for a studio, one-bedrooms from $2,100, two-bedrooms from $3,200, and three-bedrooms from $4,200.