New Residential Enclave Puts Residents at the Nexus of Two Vibrant Communities 

JERSEY CITY, NJ, April 11, 2024 – Fields Grade and Ursa Development Group announce the launch of leasing at The Devan, a new collection of 336 luxury rental residences paired with an elevated suite of amenities. Nestled in Jersey City along the border with Hoboken, its location offers residents a fusion of the most sought-after attributes and conveniences from two dynamic urban hubs.

The distinctive eight-story building presents a mix of generously-sized studio, one-, two-, and three-bedroom residences at monthly rents starting from $2,615. The sophisticated collection of homes is being offered with limited-time Grand Opening incentives that include one month free on a thirteen month lease. Initial occupancy is scheduled for May 1st. 

Conveniently located at 3 New York Avenue, The Devan provides easy access to the Hudson-Bergen Light Rail, NJ Transit and the PATH -- with complimentary shuttle service to the Hoboken Terminal further streamlining commutes to New York City and neighboring Gold Coast towns. Additionally, residents can indulge in the rich cultural and culinary tapestry of Jersey City while also immersing themselves in Hoboken’s vibrant shopping, dining, and nightlife scene.

"Embracing the pulse and energy of Jersey City and the neighborhood charm of Hoboken, The Devan sets a new benchmark for contemporary living,” remarked Rob Giannone, Director of Development for Fields Grade. “With meticulous design, curated amenities, and a prime location, we're thrilled to offer residents a harmonious blend of urban vitality and local appeal."

Designed by Minno + Wasko Architects and Planners, with interiors by Factioned, The Devan prioritizes comfort and functionality. The large-scale building is mirrored by generously sized apartments in comparison to the typical Hoboken or Jersey City building. The residences boast luxurious plank floors, kitchens with state-of-the-art Samsung appliances and Silestone countertops, in-home GE washer/dryer units, roller shades and modular closets. Select homes feature outdoor terraces.

A wide array of amenities and social spaces seamlessly integrate into a live/work/play environment.  For elevated gatherings, the rooftop Sky Lounge offers a fully-appointed kitchen, rentable private rooms and a terrace offering views of the Manhattan skyline. Active and passive courtyards on the second floor and rooftop feature a pool, sundeck, lounge seating, grilling areas and fire pits. Work-from-anywhere options are endless, including individual co-working and group conference spaces, and a community hub with a residents lounge, library and meeting spaces.

Residents will also enjoy a multi-media recording room, state-of-the-art fitness center with a dedicated yoga and meditation studio, recreation and poker room, children’s playroom, and a dog run and wash area. With convenience in mind, The Devan provides a hospitality-inspired covered driveway and drop-off area, a welcoming lobby with a 24/7 doorman, a package system by Precision Imaging, a secondary lobby for pedestrian access to Hoboken, an enclosed parking garage with EV charging stations and bicycle areas, rentable scooters, and a Grab-N-Go Room offering home essentials and healthy treats from Tulu and Farmer's Fridge.

“As developers deeply rooted in this market, we saw The Devan as a unique opportunity to forge a connection between Jersey City and Hoboken for residents,” said Suzanne Sciarra of Ursa Development Group LLC. “Our goal has always been to create a space that not only meets the needs of modern urban dwellers but also enriches the entire community.”

The Devan joins a vibrant neighborhood on the rise in a once industrial section of Jersey City, just west of the Holland Tunnel. Significant public and private investment has transformed the area with new residential, retail, and public space offerings. Residents also have easy access to popular bars and restaurants, including Low Fidelity, Bread and Salt, Corto, Northern Soul, and The Alps.

Located in close proximity to Southwest Park in Hoboken, which features outdoor recreational space, including open lawns and seating for concerts and events, as well as a one-acre dog park, the community offers an abundance of health and wellness options, including miles of cycling paths and nearby Pickleball and basketball courts, as well as easy access to CrossFit Hoboken. 

The Devan debuts with an onsite leasing center and fully-furnished model homes, with WestSide Realty Group serving as exclusive leasing agent and Ironstate operating as the property’s management company. 

For more information, please visit or call the leasing office at 201-890-3030.

About Fields Grade

Fields Grade is a full-service real estate development company based in Jersey City, New Jersey.  Founded by Greg Russo and brothers James and Robert Caulfield, the Company has developed more than 4.3M square feet with a total value exceeding $2.3B.  For more information on Fields Grade, visit

About Ursa Development Group LLC:
Ursa Development Group LLC develops luxury multifamily housing in urban areas, with a primary focus on Hoboken and Jersey City. As designated developer in the Northwest quadrant of Hoboken, Ursa Development has been involved in the construction of over 1,000 residential units, both market rate
and affordable. Ursa has also developed recreational spaces throughout Hoboken, including the construction of Hoboken’s only movie theater, which has since been converted to another community use. For more information on Ursa Development, visit


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