JERSEY CITY COUPLE FINDS GREAT VALUE IN NEW HOMES, AMENITIES AT THE DEVAN LUXURY RENTAL BUILDING
Jersey City has firmly established itself as one of the New York metro region’s most desired residential centers, offering residents a diverse mix of shopping, renowned entertainment and culture and world class dining at their fingertips.
Combining its complete urban lifestyle with a great proximity to Manhattan, the Hudson County city has fast become a rental hotbed and one of the most expensive apartment markets nationwide, with high-priced buildings filling its skyline and populating neighborhoods along the Hudson River waterfront and downtown. While competition is strong and rents high in hotspots like Newport, Paulus Hook and Hamilton Park, all is not lost for those seeking to tap into all that makes Jersey City so special.
Savvy renters are happily discovering there’s still value to be had in the many dynamic communities west of the Hudson River. These emerging neighborhoods offer the same energetic environment supported by newer buildings with modern homes and state-of-the-art amenities at much more attractive rental prices.
Donald and Elizabeth are two renters who gladly traded in high rental costs on the Hudson River for a new apartment residence and high-end amenities at The Devan, an eight-story luxury rental building located at 3 New York Avenue on Jersey City’s Hoboken border.
“We were renting a home in Newport for approximately four years,” Donald said. “The value proposition no longer made sense. The cost of living on the water in Newport is too high and the view is not that much of a selling point.”
Tired of paying high rents and getting little in return, the couple set out to find more value armed in a new construction building that offered contemporary amenities and a commuter-friendly location.
“Proximity to public transportation, such as the PATH, NJ Transit’s Hoboken Terminal and the Light rail, was an important factor,” Donald continued. “A newly built property was also attractive. We found that luxury buildings age quickly, and amenities become worn and neglected over time.”
Developed by Fields Grade and Ursa Development Group LLC, The Devan fulfilled their criteria. The distinctive building features 336 brand new residences, a wide array of common and social spaces and a prime address just minutes from two of New Jersey most dynamic downtown environments in Jersey City and Hoboken.
“We loved the fact The Devan was brand new,” Donald added. “Being the first resident of an apartment almost guarantees the reliability of the appliances, etc. We also were looking for a building with a pool area, grill area and fitness room. A reliable package room/mail system was also important.”
The Devan was able to deliver with a sophisticated and activity-rich lifestyle that’s fueled by active and passive courtyards on the building’s second floor, where a refreshing pool, sundeck, lounge seating, grilling areas, and fire pits provide the perfect setting for relaxation. For elevated enjoyment, residents can enjoy a spectacular rooftop with additional lounge seating and grilling areas, as well as the Sky Lounge, which offers a demonstration kitchen, rentable private rooms and a terrace with views of the Manhattan skyline.
Inside, residents have access to a flexible media space, state-of-the-art fitness center with a dedicated yoga and meditation studio, recreation and poker room, playroom, and a dog run and wash area. There’s also endless work-from-anywhere options including individual co-working and group conference spaces, and a community hub with a resident’s lounge, library and meeting spaces.
“The amenities have been great,” added Elizabeth. “The entire property and common spaces are kept very clean day to day which is noteworthy.”
Ironstate, the property management company at The Devan, has leveraged the amenity package to create a vibrant, neighborly environment by hosting a full calendar of resident social events. For example, residents can attend ice cream socials, pool parties, and outdoor movie nights on the sundeck during summer weather. When the temperature drops, the building hosts cozy events by the fire pits and seasonal events throughout the year.
“The social events that The Devan has consistently done in the past few months are definitely more interesting and fun than prior buildings I have lived in here in New Jersey or New York City,” commented Donald. “They are focused on all residents, not just kids or adults, for example.”
In addition to the indoor and outdoor amenities, The Devan features a hospitality-inspired covered driveway and drop-off area, a welcoming lobby with a 24/7 doorman, 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.
Designed by Minno + Wasko Architects and Planners, with interiors by Factioned, The Devan prioritizes comfort and functionality. The property features a mix of studio, one-, two-, and three-bedroom homes with 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. Residences start at net effective monthly rents from $2,816 offered with limited-time incentives that include two months free on a 26-month lease*. *Terms Apply
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.
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.
WestSide Realty Group serves as the exclusive leasing agent for The Devan.
For more information, please visit www.thedevan.com or call the leasing office at 201-890-3030.
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