55 Union launches leasing in Newark just steps from Penn Station

Leasing is officially underway at Fifty-Five Union — a fresh and contemporary residential destination in Newark’s Ironbound District — according to an announcement from developer J&L Cos.

Located at 55 Union St. just off the platform of Newark Penn Station and surrounded by old-world charm, culinary destinations and Downtown Newark’s entertainment landmarks, Fifty-Five Union features 403 well-appointed studios, one- and two-bedroom residences. Monthly rents start at $1,900. Initial occupancy is scheduled for this month.

Designed by Minno & Wasko Architects and Planners, the 12-story building unifies thoughtful design, next-level amenities, innovative sustainable technologies and a culturally rich location. The property also features an outdoor public plaza that will be activated throughout the year to promote community connection, along with 3,078 square feet of ground-floor retail space.

“We are thrilled to begin leasing at Fifty-Five Union, which introduces a new, modern living experience to the area,” Gabriel Lopez, J&L Cos. vice president, said. “As a local company long committed to the positive growth and economic vitality of Newark, we understand and appreciate the unique character of this community and have worked tirelessly to deliver a property that embodies the spirit and energy of the city. We are grateful to the many municipal officials and agencies who worked with us in a collaborative effort on this transformative project, as well as the hundreds of tradespeople, architects, designers and everyone else who helped shape this remarkable residential development. We now look forward to welcoming residents and connecting them to all the unique qualities that define the Ironbound and Downtown Newark.”

Fifty-Five Union offers spacious, open layouts and upscale finishes and appointments.

Found throughout the residences are chef-inspired kitchens with stainless steel appliances and quartz countertops, floor-to-ceiling windows that maximize natural light, central air, in-home washer/dryer and solar and blackout shades.

The community also has prepared to offer its residents with a seamless integration of technology allowing tenants to enjoy keyless entry and apartments that are prewired with cost-effective ($50 per month) and fast internet service (1 gigabit) using Newark fiber powered by Gigxero and Invest Newark.

A full suite of curated amenities and services are designed to enhance resident lifestyles. More than 20,000 square feet of outdoor escapes include a landscaped rooftop garden and entertainment area with uninterrupted views of New York City and downtown Newark.

A courtyard at the center of the property provides additional open-air opportunities alongside an entertainment area with grill stations, fire pits, and lounge seating.

Indoor amenities and social spaces feature a boutique lobby with 24-hour concierge, package reception and coffee bar; club room, private dining room and catering kitchen; state-of-the-art fitness center with an outdoor exercise area; and a business lounge with private and coworking spaces, conference rooms and Wi-Fi.

Residents will also appreciate the pet-friendly building’s indoor parking garage, private, bicycle and cold storage; and electronic package lockers.

J&L Cos. has also incorporated a number of eco-friendly features into Fifty-Five Union, aligning with the city’s vision of promoting sustainability. These include a green roof system, living wall in the lobby, gray water recycling system, electric vehicle charging stations, LED lighting throughout and Energy Star-rated appliances.

Fifty-Five Union places residents in the heart of a vibrant and dynamic neighborhood. Known for its rich cultural diversity, the Ironbound District features a wide variety of restaurants, cafes, and shops, many of which showcase distinct flavors and traditions of Portugal, Spain, and Brazil. Also close by are several notable cultural and entertainment landmarks, including the New Jersey Performing Arts Center and the Prudential Center, which hosts major sporting and entertainment events throughout the year.