Hoboken’s west side luxury rentals are 50 percent leased

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Development partners Bijou Properties and Intercontinental Real Estate Corp. said Tuesday that 7 Seventy House, the 424-home luxury rental building on Hoboken’s western edge, is now 50 percent leased.

Bijou Properties said that reaching this feat just five months after the property opened to the public reaffirms this one square mile neighborhood as the residential hotbed on New Jersey’s famed Gold Coast.

Offering studio, one-, two- and three-bedroom residences, 7 Seventy House, designed by MHS Architects, is now home to more than 150 residents.

“Bijou Properties and Intercontinental Real Estate Corp. have been trailblazers on Hoboken’s western edge, creating cutting-edge properties that accentuate the neighborhood’s desirability and its ease of commute,” says Jacqueline Urgo, president of The Marketing Directors, the exclusive marketing and leasing agent for the property.

7 Seventy House is a mixed-use project that was developed in conjunction with a 2-acre resiliency park donated by Bijou Properties and Intercontinental Real Estate Corp. to Hoboken. The initial installation of the park will open this summer and includes a children’s playground, a 1-acre green space designed for recreation uses, a 6,835-square-foot community gymnasium and infrastructure to capture more than 450,000 gallons of rainwater to reduce flooding.

A second phase is expected to open shortly after and will include a 1-acre public plaza with step seating and tilted lawn panel, play sculpture and a large plaza to accommodate vendors and seasonal markets.

The property at 7 Seventy House features more than 90,000 square feet of resort-style amenities including a penthouse pool and roof deck with lounge seating, amenity deck with BBQ stations, multiple outdoor gardens, bocce ball court, multi-level gym, playroom, game room, indoor bike storage, on-site dog park, dog grooming room, alcove with co-working lounge and coffee station and a conference room with access to an outdoor lounge with a fire pit.

The building is just located in close proximity to Hoboken’s 9th Street Light Rail Station as well as Hoboken’s PATH and New Jersey Transit and Ferry terminals that travel to Manhattan.