There are many hi-rise luxury apartment buildings being developed in New Jersey. It could be due to the lack of available space just across the river in Manhattan. This leads to more industry competition, and in some ways benefits the consumer.
In order to stay competitive, the leasing companies need to add additional benefits to attract tenants. A couple of benefits that attract the most consumers, in my opinion, would be a swimming pool and a fully equipped fitness center. Other benefits that are nice, would be a game room, screening room, and children’s playroom. I am just not sure how much use I would get out of them.
One of the buildings I am referring to is the new development at 110 First Street, Jersey City, NJ. Built in 2015, The One Jersey City, has a long list of tenant benefits including a state-of-the-art fitness center, yoga studio, swimming pool on the roof deck, small movie theater, golf simulator, playroom for the kids, an outdoor deck with cabanas, fire pits and bbq grills.
The fitness center has cardio equipment, free wights, brand name exercise equipment and a yoga studio. The complex is currently offering complimentary yoga classes for its residents. While the pictures on the website of these apartments with fitness center in New Jersey makes the area seem a bit small, I found a video that gave me a better idea of just how much room is in the fitness center.
As I read through the information I have given you, it may seem like I only care about what luxuries the apartment is offering. Some people may think that is a bit shallow or pretentious. Let me assure you that I am also concerned with the actual living conditions of the building. I am not one to need fancy things. I grew up the middle child in a middle class family in the Midwest.
To me, the rental rates are reasonable for the amount of space you get with each different floor plan. For a 600sqft Studio apartment, you will pay just over $2900 a month, a 750sqft one bed/one bath starts at under $3000 and goes as high as $3300, and you could rent a 2 bed/2 bath that is 2078sqft for $4500 a month.