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505 Summit Luxury Multifamily Development

Sector: Rail • Location: Jersey City, New Jersey, United States

Source: Multifamily Housing News

Project
Under Construction

505 Summit is a $388 million luxury multifamily high-rise development in Jersey City, New Jersey. The 54-story tower includes 605 residential units with studio to three-bedroom floorplans, 4,000 square feet of ground floor retail space, and amenities such as an outdoor terrace with a swimming pool, coworking spaces, a gym, and a resident lounge. The project is located near a PATH rail station conn

Status
Under Construction
Sector
Rail, Residential
Location
Jersey City, New Jersey, United States of America
Updated
22 Jul 2026
Source
Multifamily Housing News

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Project Information

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The project “505 Summit Luxury Multifamily Development” is an infrastructure initiative in the Rail sector, located in Jersey City, New Jersey, United States. Taiyo aggregates data on it from Multifamily Housing News.

Participants

Company

Status

Original status

Under Construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

505 Summit is a $388 million luxury multifamily high-rise development in Jersey City, New Jersey. The 54-story tower includes 605 residential units with studio to three-bedroom floorplans, 4,000 square feet of ground floor retail space, and amenities such as an outdoor terrace with a swimming pool, coworking spaces, a gym, and a resident lounge. The project is located near a PATH rail station connecting to Manhattan, Hoboken, and Newark, and is part of the repositioning effort of Jersey City's Journal Square area into a central business district.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

New Jersey

City

Jersey City

Source

Source

Multifamily Housing News

URL

More Details

Record type

Project

Sector

Rail, Residential

Article published date

2025-06-04

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