Luxury rental community 3 Acres opened its doors three months ago, leasing nearly half of its residences since that time.
This week, the property announced 300 leases have been signed for the property located at 400 Claremont Ave. in Jersey City’s West Side neighborhood.
3 Acres offers a variety of floor plans: There are micro studios and studios with alcoves that mimic the space of a one-bed offering, in addition to traditional one- and two-bedroom residences. Select studio spaces are furnished by Resource Furniture, whose three-in-one pieces can quickly transform living spaces into work or sleep areas.
“We made a big bet on the West Side, believing that the positive transformation that has taken place here in recent years paved the way for a top-of-market rental building with an extraordinary amount of indoor and outdoor amenities and high-level services,” said Art Johnson, a principal of 400 Claremont LLC, which developed 3 Acres, in a statement. “We’re thrilled that the bet has paid off in terms of the overwhelming public reaction.”
And Johnson isn’t the only one betting on the West Side. A number of communities have sprung up, successfully, in the section of the city. At the end of 2021, Phase 2 of The Agnes hit 75% leased. That same month, a mid-rise project from developer Halpern Real Estate Ventures secured $65 million in construction financing to bring more than 300 units to the area.
“Leasing 300 apartments in just the first three months is a testament to how well this building is connecting with residents,” Johnson said.
The Marketing Directors serves as exclusive marking and leasing agent for 3 Acres.
A sleek, Danish-inspired design from Marchetto Higgins Stieve at 3 Acres mixes both reclaimed and contemporary materials.
Residences include plank flooring, central heat and air conditioning, in-home washer and dryer and complimentary window treatments. Kitchens are decked out with quartz countertops, stainless steel appliances and soft-close cabinets. Bathrooms feature imported glazed porcelain tile floors and vertical subway ceramic tile shower walls. According to 3 Acres, the units also have integrated tech features like Smart Home entry system, thermostat and lighting control.
Indoor and outdoor amenities abound across 3 Acres’ 70,000 square feet, including an attended lobby surrounded by social spaces across the full two-block length of the building. Opening up to a second level, a fitness center; infrared saunas; conference room; work pods; chef’s table with demonstration kitchen; multi-sport simulator and screening room; resident lounge with a saltwater aquarium; and a game room with a mini bowling alley, pinball, ping pong and arcade games and to the properties offerings.
Among 3 Acres most unique amenities: access to the arts.
The property features a studio with a working inhouse Resident Artist and musical entertainment. A Steinway Spirio digital grand piano in one of the lounge spaces self-plays from an extensive library of content, in addition to simulcasting live performances from great pianists around world.
Outside, a rooftop terrace; pool with jacuzzi, sundeck, cabanas and loungers are accompanied by three courtyards with features including a dog run, community garden, games like shuffleboard and bocce, barbecues and private dining areas, and more.
The property’s street-level retail offerings will include The Lobby Bar, Table at 3 Acres restaurant, Three Thirds Café and Juice Caboose.
Rounding out the lifestyle offerings is LIVunLtd., a global luxury concierge and amenity management brand that will oversee private residential events at the community, to help bring its social spaces to life, according to 3 Acres.
“LIVunLtd. has a presence in some of the most high-profile buildings in New York City and beyond and having them onsite at 3 Acres speaks to the developer’s commitment to providing a full lifestyle experience for residents,” said Jacqueline Urgo, president of The Marketing Directors. “This building checks all the boxes and then some, and it’s helping to put Jersey City’s West Side in the spotlight.”
3 Acres offers bike storage; covered and climate-controlled parking with electric vehicle charging stations and car wash and detailing, rentals for cars or scooters and shuttle service to the Journal Square PATH Station.
Immediate occupancy is available at 3 Acres; monthly rents at start from $1,575 with grand opening incentives that include one month free on a 13-month lease.-