Madox Taps Into Rental And Jersey City Demand With Nearly 100 Residences Leased

JERSEY CITY, NJ – A healthy appetite for new luxury rental residences and the growing appeal of Jersey City’s historic Paulus Hook have certainly made a strong impression with renters at Madox where nearly 100 upscale apartments have been reserved.

Almost 50% of the seven-story building’s 131 homes are now occupied, a number that’s expected to grow significantly within the next month with new apartments being reserved daily at Madox, which is ideally located just blocks from PATH Trains, ferry service to New York City and the Hudson-Bergen Light Rail.

Earlier this year, Madox became the first residential development in Jersey City to be awarded LEED® Silver certification from the U.S. Green Building Council (USGBC).

“Madox offers an exciting new address for those seeking the perfect combination of upscale residences, exciting amenities and ultra-convenience,” notes James Caulfield, Jr, a Principal of developer Fields Development Group. “With more than 70% of the building now reserved, it looks like Madox will fully lease up shortly, meaning prospective residents are urged to act quickly to avoid being shut out of a truly remarkable housing opportunity.”

Situated at 198 Van Vorst Street, Madox features a collection of studio, one- and two-bedroom residences and a host of upscale amenities including considerable landscaped outdoor space, as well as 4,000 square feet of ground-floor retail space. Some one-and two-bedroom homes also feature additional dens, a significant advantage for young couples looking to grow a family or single professionals hoping to add a roommate without increasing their monthly rents by fully upgrading to a larger size apartment.

Madox residents also enjoy a host of onsite modern amenities and services, including a keyless entry system, 24-hour doorman, state-of-the art gym, a lobby lounge with a library, business center and communal technology table with iPad Station, iMac and PC; and a resident’s-only lounge with children’s play area, yoga room, kitchenette, two TVs and more.

Madox offers an abundance of outdoor space with a landscaped courtyard with outdoor children’s play area, café seating and benches, two common 8th floor terraces and common roof deck with hammocks, natural gas fired BBQ, fire pit, lounges for sun bathing and magnificent views of NYC, Marina, Statue of Liberty. Valet garage parking and bicycle storage will also be available.

Priced from around the $1,800s, the well-designed residences at Madox will offer from 480 to1,312 square feet of luxury living space, along with a considerable array of high-end amenities and finishes. Found throughout the homes will be custom hardwood floors, 9 foot ceilings, washer/dryer in every home, and master baths with custom vanities and tile. Gourmet kitchens will feature custom 42” cabinetry, stainless steel appliances, gas cooking, Caesarstone countertops, tile floor and backsplash, and designer lighting and fixtures.

Residents of Madox will also appreciate the building’s location within the quaint Paulus Hook neighborhood that is widely considered the most desirable area in downtown Jersey City. Striking a perfect balance of a quiet residential setting with an active urban village, Paulus Hook boasts charming tree-lined streets dotted with historic brownstones and an eclectic array of local shops and restaurants. Several waterfront marinas border the neighborhood, while nearby Liberty State Park offers a green oasis for active and passive recreation, including miles of walking, biking and jogging paths, endless open space and spectacular views of the Manhattan skyline, Statue of Liberty and Ellis Island.

Madox is being built in accordance with U.S. Green Building Council guidelines for developing high-performance, sustainable buildings which incorporate responsible site development, energy efficient design and sustainable materials to create environmentally-sensitive urban living environments.

Madox will also boast a 100% smoke-free environment, a unique lifestyle feature that is one of the first of its kind in New Jersey and a rarity in the New York Metropolitan marketplace.

For additional information on Madox, please call (888) 789-0758 or visit www.madoxapts.com.