Luxury rental building now open in Newark’s North Ironbound neighborhood

By Emily Bader
Newark | Jun 4, 2019 at 10:54 am

325 Ferry Street, a new collection of luxury rental residences, is officially open in Newark’s trendy North Ironbound neighborhood.

The community was recently debuted to the public with renters quickly responding to its walkable, commuter-friendly and entertainment-packed location.

The community, being along Ferry Street, will provide residents with access to more than 170 restaurants and 570 businesses within walking distance. It is also within access to both Newark Penn Station and the Harrison PATH station.

The building features 91 two-bedroom homes and street-level retail space. A 5,000 square foot sports bar, a pet grooming salon and two more retail businesses will soon open.

Each energy-efficient home is approximately 1,100 square feet, featuring open floor plans, large walk-in closets and chef-inspired kitchens. Prices start at $2,363.

“We are proud to introduce such a high quality community to the New Jersey luxury rental market and thrilled that so many renters are choosing to make 325 Ferry Street their home,” T. Gary Gutjahr, who developed the property along with his partner J. Gordon Gutjahr, said. “The North Ironbound neighborhood is incredible. Renters enjoy a considerable value when compared to areas like downtown Jersey City and Hoboken, while receiving all of the benefits that have made those neighborhoods popular over the years.”

Residents will have access to amenities including a private VIP shuttle; a fitness studio; a lounge with Wi-Fi, a coffee bar and fireplace; an outdoor patio picnic areas, fit pits and games; secured covered and surface parking as well as electric car charging ports; a package room; climate-controlled storage units; digital surveillance; an on-site building manager; and more.

“We designed every inch of 325 Ferry Street with the lifestyle experience of our renters in mind,” J. Gordon Gutjahr said. “From the amenities to the beautifully-crafted residences to the walkable, neighborhood setting, we are proud of the community we have created and look forward to welcoming even more residents following our recent grand opening.”

Emily Bader | ebader@roi-nj.com | emilybader