The Art of Newark, a brand-new apartment building featuring 155 modern and affordable luxury units in Newark’s University Heights, has been fully leased only months after opening. Tay Investments developed the residential property with a mission to bring high-quality housing to the heart of Newark. The company is committed to revitalizing New Jersey’s urban neighborhoods with thoughtful development, investment and modern architectural design at attainable prices.
Living spaces include studios, one and two-bedroom designs, ranging from 450 square feet to 1,500 square feet. The building boasts a stylish, contemporary exterior, fashionable and comfortable interiors with a broad set of amenities including a fitness center, EV charging, secure parking and storage, and a landscaped interior courtyard with ample seating and grilling stations. Common spaces include a lounge with fireplace and kitchenette, a co-working area, and a media room. All apartments boast modern appliances, maximum natural light and generous open-concept layouts.
“We at Tay Investments are thrilled to announce the successful completion of our newest and most exciting development project, The Art of Newark, at Newark’s University Heights! The Art of Newark’s robust demand, with an 8 month turnaround of all 155 residential units is a testament to the City’s success story and the building’s premier location. This state-of-the-art property offers modern, versatile spaces, highly amenitized and well priced, designed to meet the needs of today’s renters,” said Yuval Shram, CEO of Tay Investments. “With a diverse range of tenants, The Art of Newark is poised to become a vibrant hub for innovation, collaboration, and success. Our goal was to create a building that caters for today’s renters, offering them a place they are proud to call home.”
The Tay Investment team sees the lease-up completion of The Art of Newark as a catalyst for continued growth and revitalization in Newark. With easy access to Newark Penn Station and the city’s flourishing downtown, The Art of Newark gives renters the best of Newark living with a broad array of nearby cultural, dining, entertainment and recreational options. The complex has also attracted a diverse array of renters from young professionals to artists to families.
If you’re curious about the name, The Art of Newark supports Newark artists by displaying artwork crafted by local arts luminaries throughout the building. The property is located at 44 Irvine Turner Boulevard.