Move-ins commence at upscale 401-unit development adjacent to Manhattan, bringing elevated design, resort-style amenities and nearby transit access to one of the metro area’s fastest-growing residential destinations
The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, in partnership with G&S Investors and Rockwood Capital, today announced the completion and official opening of Oliver on the Hudson, a luxury multifamily community in the sought-after Port Liberté neighborhood of Jersey City. Just steps from the Hudson River and a 15-minute ferry ride away from Manhattan, the 401-unit development delivers scenic waterfront views complemented by a full suite of resort-style amenities.
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The NRP Group
Strategically located at 190 Chapel Avenue, Oliver on the Hudson delivers direct access to downtown Jersey City, New York City’s financial district and vibrant green spaces including Liberty State Park. Residents can access a seamless commute to Manhattan via the Port Liberté Ferry Terminal, just a four-minute walk from the property. Two Hudson-Bergen Light Rail stations and immediate access to Interstate 78 further enhance connectivity. The community spans 2.7 acres alongside the prestigious Liberty National Golf Course and includes bike-friendly paths and landscaped green spaces that connect to the Hudson River Waterfront Walkway.
“It is no secret that Jersey City has arrived as the premier regional destination for renters seeking luxury, connectivity and lifestyle. We are proud to be a part of Jersey City’s story by delivering this vibrant waterfront community near public transit to working professionals and families in Port Liberté,” said Jonathan Gertman, Senior Vice President of Development at The NRP Group. “Oliver on the Hudson delivers thoughtfully curated amenities and seamless access to the waterfront and Manhattan. Oliver reflects the future of urban living in one of the region’s most dynamic markets.”
Residences at Oliver on the Hudson range from studio to three-bedroom layouts, with many featuring private balconies and sweeping skyline views. Interior finishes include fully equipped kitchens with stainless steel GE Appliances, sleek graphite fixtures, polished quartz countertops, porcelain tile backsplashes and modern flat-panel cabinetry. All units include full-size front-load washers and dryers and oversized, backlit mirrors. Select homes with larger floorplans feature cathedral ceilings, spacious breakfast bars or islands, wine and beverage centers and walk-in closets.
“Oliver on the Hudson presented an opportunity to meaningfully contribute to one of the region’s most dynamic residential corridors,” said Abe Naparstek, Partner at G&S Investors. “We leveraged our expertise to integrate top-tier design and an exceptional resident experience into a vibrant transit-oriented community. From site selection through lease-up, this community reflects both the character of Port Liberté and the expectations of today’s renters.”
A robust set of resort-inspired amenities are designed for daily retreat and effortless entertaining. At the heart of the community are two expansive interior courtyards, one of which features a hotel-inspired pool with a cabana house. Both offer lush green space, numerous lounge areas and walking paths that encourage relaxation and connection. A fifth-floor sky lounge with an outdoor terrace provides unobstructed views of the Manhattan skyline.
A clubhouse anchors the indoor amenity experience with a multi-level fitness center, mezzanine yoga and cardio studios, interactive activity zone, catering kitchen with a private dining room, coworking spaces and a 24/7 package concierge system. The development also includes a 602-space secure parking garage, 201 bicycle parking spots, a commuter lounge and secure bike storage. Pet owners benefit from an on-site pet spa and spacious dog park.
KTGY Architecture and Planning served as the lead architect for the five-story building, with Bergmeyer overseeing interior design. Financing for the project includes senior construction loans from Citizens and Fifth Third Bank, with Rockwood Capital providing joint venture equity.
Oliver on the Hudson is currently in lease-up and accepting applications. For more information, please visit oliveronthehudson.com.
About The NRP Group
The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 62,000 apartment homes and currently manages over 30,000 residential units.
Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provide the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market-rate, affordable, mixed-income, and senior housing.
The NRP Group has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and has won three NAHB Pillar awards since 2020 for Development, Construction and Ones to Watch. The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market-rate housing at a national scale. Based on over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.
About G&S Investors
G&S Investors develops, leases and manages income-producing properties in the New York tri-state area. Founded in 1982, G&S is known in the industry for its creativity in solving development problems, particularly in sites which have physical, economic and community challenges.
The company’s success is based upon identifying opportunities and applying solid forecasting, with sensitivity to political realities and economic trends. G&S has successfully executed every project it has initiated. This record has been achieved by fostering close and flexible relationships with financial institutions, local government, and community groups involved in every project. National tenants such as ShopRite, Costco, BJ’s Wholesale Club, Target, TJ Maxx, Bed Bath & Beyond, AMC Theaters, Stop & Shop, Home Depot and many others have turned to G&S to develop sites that are simply too complicated and difficult to attempt on their own.
G&S possesses the in-house expertise for handling a full array of development challenges. The backgrounds of G&S partners and in-house professionals include community planning, accounting, law, brokerage, architecture, finance, engineering and construction management. G&S prides itself on its ability to maximize the input from professional consultants such as lawyers, engineers and architects in order to create a development plan that can be permitted, leased, financed, and constructed in the least time possible.
G&S capitalizes its projects with balance sheet equity, third party JV equity, construction loans, and permanent financing from major financial institutions. Its balance sheet is anchored by a portfolio of completed projects which the company has retained and are stabilized. The company has also joint ventured with other major developers, such as Brookfield Properties and financial institutions.
About Rockwood Capital
Rockwood Capital is a real estate investment management firm founded in 1995 that provides debt and equity capital combined with real estate operating expertise for the repositioning, development, redevelopment and recapitalization of live-space, mixed-use, workspace, retail, industrial and hotel properties in key markets throughout the United States.
Rockwood is a 78-person organization with offices in New York, NY, San Francisco, CA, and Los Angeles, CA. Since inception, Rockwood and its principals have invested in approximately $39.9 billion of real estate and real estate-related assets (gross asset value). As of Q4 2024, Rockwood manages a portfolio of approximately $13.3 billion (gross asset value). Rockwood’s international investor base includes sovereign wealth funds, public and private pension funds, endowments, foundations, insurance companies, funds of funds, high net worth individuals and family offices. For more information, visit www.rockwoodcap.com.
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Contacts
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Antenna Group
nrpgroup@antennagroup.com