Developers BNE Real Estate Group, Hoboken Brownstone Company, and McKinney Properties recently launched leasing of 260 units at 675 Monmouth Street in Jersey City. The developers delivered studios, one-, and two-bedroom residences starting at $2,150 per month. The Marketing Directors is the building’s exclusive leasing and marketing agent.
The development, known as The Enclave, is a six-story development that includes 40,000 square feet of amenities, 3,122 square feet of retail space, and a parking garage. The property is located less than one mile from the 2nd Street Hudson-Bergen Light Rail station and less than 1.5 miles from the Hoboken PATH station.
The Enclave is part of a two-phase development known as Van Leer Place, named after the Van Leer Chocolate Company that occupied the site. 222 units and 131 parking spaces will comprise the second phase of Van Leer Place.
The Hoboken Brownstone Company planned a 1.5-acre park within the site. The developer purchased the Van Leer Chocolate Factory site in 2005 and secured city approvals in 2006.
As previously reported by Jersey Digs, Hoboken Brownstone began construction of its 131-unit development at 39 New York Avenue in 2018.
BNE Real Estate Group recently launched leasing at its One Harrison residential joint-venture with HornRock Properties in Harrison.
Fields Development recently submitted a proposal to redevelop the nearby Galaxy Recycling site at 3 New York Avenue into 340 rental units and 206 parking spaces in April.
The Enclave joins Cast Iron Lofts and SoHo Lofts — which recently traded to Mack-Cali Realty for $264 million — at the southwestern border of Hoboken and Jersey City. Earlier this year, demolition of the nearby Emerson Radio Factory commenced, while 1,181 units have been approved at 305 Coles Street.