Jersey City’s real estate scene just keeps buzzing. CBRE is now leading the charge in marketing 413 Summit Avenue, a brand-new luxury residential tower right in the heart of Journal Square.
Finished in 2023, this eye-catching 148-unit property mixes upscale design, thoughtful amenities, and a killer location. It’s a clear sign of what’s next for urban living here.
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The building offers both residential apartments and fully leased commercial space. This combo really speaks to how fast the city’s changing into one of the New York metro area’s hottest addresses.
A New Benchmark for Journal Square Living
413 Summit Avenue sits right in the Journal Square Central Business District. CBRE’s Fahri Ozturk calls it a model for modern, amenity-packed city life.
The building’s got studios, plus one-, two-, and three-bedroom units. That means it works for everyone from young professionals to families who want city convenience and a touch of style.
Each apartment features high-quality finishes and open layouts. The modern look aims to meet what today’s renters actually want.
This place isn’t just another address—it’s aiming to show how urban living can be both fancy and functional.
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Luxury Amenities that Stand Out
The amenities here feel pretty intentional. 413 Summit doesn’t just give you a place to sleep—it’s packed with perks, like:
- Rooftop terrace with grills, a fireplace, and skyline views
- Resident lounge for remote work or hanging out
- Fitness center and yoga room
- Secure bike storage and package-receiving services
- Extra storage units for residents
- 24/7 virtual doorman and on-site management
On top of that, the 4,500 square feet of commercial space houses a modern racquet sports club. That’s a pretty active amenity and fits right in with Jersey City’s growing recreation scene.
Prime Location with Unmatched Connectivity
The location might be the biggest draw. You’re just steps from the Journal Square PATH station, so getting to Manhattan takes about 12 minutes—hard to beat that.
Major employers like Goldman Sachs and JPMorgan Chase are nearby. That’s a big plus for professionals who want city access but aren’t keen on NYC rent.
Rents here run 20–40% lower than similar spots in the area. That mix of relative affordability and convenience sets the property apart in the luxury rental market.
Journal Square’s Explosive Growth
CBRE’s Richard Gatto points out the $2 billion in real estate development happening in Journal Square right now. The area used to be just a transit hub, but it’s quickly turning into a destination for investment, culture, and new businesses.
This wave of development is changing more than just the skyline. It’s bringing in restaurants, art spaces, and a fresh sense of community to Jersey City.
Jersey City’s Rising Residential Appeal
If you’re new to town and wondering where to stay in Jersey City, Journal Square’s starting to make a name for itself. Luxury rentals like 413 Summit Avenue only add to the neighborhood’s appeal.
You can grab dinner at a local spot or check out nearby cultural venues—there’s no shortage of things to do in Jersey City just outside your door. And if you’re just visiting, more Jersey City hotels are popping up, making short stays easy and tempting.
Connecting the Dots: From PATH to Possibilities
If you’re thinking about getting to Jersey City, the PATH train makes it surprisingly easy. It links Manhattan, Newark, and other New Jersey spots without much hassle.
This kind of access keeps Journal Square buzzing. Residents and visitors keep coming, drawn by that rare mix of convenience, style, and a real sense of community.
CBRE’s exclusive listing at 413 Summit Avenue just kicked off. But honestly, this isn’t just another building on the block.
It feels like a marker for where Jersey City’s heading. With upscale living, fair pricing, and a location smack in the heart of a fast-growing neighborhood, this place is kind of the city’s future in a nutshell.
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Here is the source article for this story: CBRE is exclusive sales agent for Jersey City luxury high-rise
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