A second phase has opened at The Hazel, a luxury residential building at 89 Monitor St. developed by Alpine Residential and FieldsGrade — Courtesy: Alpine Residential/FieldsGrade
By Joshua Burd
Alpine Residential and Fields Grade have leased more than 50 percent of a new 87-unit luxury rental building in Jersey City, their latest offering in the growing Bergen-Lafayette section.
The six-story property, located about a half-mile from Liberty State Park, is the second phase of what’s known as The Hazel at 89 Monitor St. The developers are marketing the collection of studio, one-bedroom and two-bedroom homes alongside South Oxford Management, Alpine’s affiliated management company, touting its upscale living spaces and a long list of amenities for renters.
Monthly rents start at $2,916 with incentives on select leases.
“The Hazel has pioneered the growth of Bergen-Lafayette into one of Jersey City’s most popular residential neighborhoods,” said Bill Rosato, managing partner of Alpine Residential, which has developed hundreds of homes in the neighborhood, with hundreds more in the pipeline. “The first Hazel building debuted three years ago and was immediately embraced by renters hungering for an alternative to high-priced apartments in downtown Jersey City. Judging by the leasing success we’ve experienced in the second phase, its popularity remains just as strong today. The Hazel continues to satisfy a high demand for large, elegant homes and sought-after amenities in neighborhoods away from the waterfront.”
The 114-unit first phase of The Hazel opened in 2022, marking the ongoing resurgence of the historic Bergen-Lafayette neighborhood. Designed by Fogarty Finger Architecture, the property has a distinctive façade with gray and green brick punctuated by large floor-to-ceiling windows as a nod to the neighborhood’s industrial heritage, while blending with an area known for its eclectic art, dining and nightlife scene and accessibility to Liberty State Park, downtown Jersey City and Manhattan.
Amenities at the building include a rooftop terrace with a pool, grilling areas, outdoor seating, a mist station, multiple courtyards and a dog run, according to a news release. Renters also have access to a sky lounge with clear New York City skyline views, coworking space, a library with fireplace, state-of-the-art-fitness center and a demonstration kitchen.
The developers added that Bergen-Lafayette has benefited from significant investment and city-backed infrastructure improvements, including the extension of Jersey Avenue for pedestrians, bicyclists and vehicular traffic that have created better connections to downtown. They also pointed to existing light rail service that links the neighborhood to PATH trains and ferry terminals to Manhattan.
Meantime, The Hazel is one of five rental buildings that Alpine and Fields Grade have developed in the immediate area, including three other completed buildings. Alpine is also developing Scholars Village on the banks of Liberty State Park and in the heart of the Liberty Science Center’s SciTech Scity innovation hub, which will feature 500 design-forward residences and retail space.
“Bergen-Lafayette encapsulates all that makes Jersey City so great, including delicious eateries, hip shops and the renowned Liberty State Park,” said Rob Giannone, director of development for Fields Grade. “It also provides a great alternative to the hectic pace of downtown neighborhoods with a more tranquil, small-town environment.”
Residents in the neighborhood have access to Liberty State Park’s more than 1,200 acres of open space, a two-mile waterfront promenade, an outdoor performance area and a restaurant with sweeping views of the Hudson River, Manhattan skyline and Statue of Liberty. Also available are several supportive retail spaces at the Alpine and Fields Grade properties, including a New Orleans-style sandwich restaurant known as Cheeky’s and Eggs Up, MochiDough/BoberTea and The Roxy restaurant.
Developers, city officials hail completion of 114-unit rental property in Jersey City