Eighty-five percent of the 260 luxury residences at The Enclave in Jersey City have been leased since their early May debut. Developers BNE Real Estate Group, Hoboken Brownstone Company and McKinney Properties, along with The Marketing Directors, achieved this success in the first four months of availability by tapping into public demand for a resort-caliber building that offers modern homes, world class amenities and an ideal commuter location.
The Minno & Wasko-designed building, situated at 675 Monmouth Street in one of Jersey City’s hottest new neighborhoods, the building is just minutes from the Hoboken PATH and surrounded by a mix of street-level retail, dining and cultural attractions.
“Leasing this many residences in such a short period of time is a testament to the overall lifestyle we’re offering at The Enclave,” says Jonathan Schwartz, a partner at BNE Real Estate Group. “Even more impressive, this record-breaking rental velocity was achieved during the traditionally slow summer months. It shows just how strongly both Jersey City locals and newcomers have embraced this hotel-style building and the opportunity to reside in what’s become one of the area’s most complete neighborhoods in terms of location, homes, and amenities.”
Apartments range from studios to two-bedroom residences, with select homes offering private balconies.