The lobby of 325 Ferry St. in Newark — Courtesy: T. Gary Gutjahr and J. Gordon Gutjahr
By Joshua Burd
A new mixed-use building is set to open in Newark, offering 91 luxury apartments and street-level retail space in the city’s North Ironbound neighborhood.
The development team behind the project, 325 Ferry Street, announced Thursday that the building will debut to the public in mid-March. Located about five minutes from Newark Penn Station and just south of Harrison, the complex will bring a mix of one- and two-bedroom layouts and high-end amenities to a neighborhood with hundreds of businesses and restaurants.
Rents start at $1,750 for one-bedrooms and $2,303 for two-bedrooms, the developers said. Apartments range in size from 638 to 1,116 square feet.
“325 Ferry Street will offer finely crafted living spaces in one of the most exciting, unique neighborhoods in New Jersey, and that is something we are really looking forward to,” said T. Gary Gutjahr, who is developing the property with partner J. Gordon Gutjahr. “We are proud to offer our future residents an exceptional lifestyle with access to shops, restaurants, nightlife and mass-transit.”
The owners will look to leverage the nearby mass transit options by offering a private daily shuttle to and from both Newark Penn Station and the Harrison PATH station, according to a news release. Inside the building, residents will have high-end interiors and appliances, with the option to use ultra-fast, unlimited gigabit internet provided by GIGXERO.
Amenities will include a custom fitness studio with cardio and weightlifting equipment, a lounge and an outdoor patio with seating and picnic area, fire pit and games, the news release said. Residents will also have services such as secure, covered parking and a package room with refrigerated parcel lockers.
Marchetto Higgins Stieve Architects designed the project.
Meantime, the developers are planning a street-level retail mix that includes a 5,000-square-foot sports bar, a Neapolitan Express Pizzeria and a pet grooming salon. The offerings will add to a section of Newark known for its Portuguese bakeries, Brazilian steakhouses, upscale seafood restaurants and street festivals.
“For more than 20 years, we have built custom, luxury homes in some of the most desirable locations in northern New Jersey, and now we are applying the same custom approach and meticulous attention to detail to the development of 325 Ferry Street,” J. Gordon Gutjahr said. “We look forward to providing our residents with an exceptional lifestyle experience and to launching a mixed-use building that contributes to the overall vitality of the neighborhood.”
