NEW ECO-FRIENDLY RENTAL BUILDING OPENS LEASING EARLY OCTOBER IN JERSEY CITY

Fields Development Group Prepares to Open Upscale Madox Building in Historic Paulus Hook

THE MADOX IN JERSEY CITY

JERSEY CITY, N.J. – Fields Development Group is now accepting names for a priority wait list for Madox, a new upscale, eco-friendly rental building situated at 198 Van Vorst Street in the historic Paulus Hook neighborhood in downtown Jersey City.

Interested prospects who add their name to the list will be able to take guided VIP “Hard Hat” tours of the building which is nearing completion. The special tours will provide potential renters a firsthand look at the well-designed homes, world class amenities and landscaped outdoor spaces that clearly distinguish Madox in today’s rental market. To add their name to the growing priority list and schedule an appointment to visit Madox, please call (888) 789-0758 or visit www.madoxapts.com.

Leasing is expected to officially open at Madox in early October and initial occupancy is scheduled in early November.

Designed as the first LEED-certified residential building in this Hudson County City, the striking seven-story building features 131 luxury apartment homes complemented by an abundance of luxury amenities and services. Madox’s incomparable location also boasts breathtaking views of the Hudson River and Manhattan skyline beyond.

Monthly rents for the new community=s upscale residences are expected to begin around $1,800.

“We believe we’ve created a community that will considerably raise the bar on luxury rental living in Hudson County,” notes James Caulfield, Jr., a principal of Hoboken-based Fields Development Group.

“There’s simply nothing comparable to Madox in today’s marketplace in terms of location, apartment features, amenities and services and intimate, community-oriented environment. Add in the fact the building is energy efficient, sustainable and LEED certified and we fully expect Madox to captivate the market when it officially opens.”

The close-knit, family-friendly environment at Madox is created by on-site amenities and services that reflect the building’s uniqueness and intimacy. Residents will enjoy 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.

The abundance of outdoor space is sure to create a community-oriented lifestyle 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.

“Madox will offer a unique blend of artistic living and common spaces, exciting indoor and outdoor amenities and responsible development practices that will inspire people to set down roots here,” Mr. Caulfield says.

Madox will feature a collection of studio, one- and two-bedroom residences with some one-and two-bedroom homes also featuring 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.

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.

The new building 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. Green elements being incorporated into Madox include a PV Solar Array and vegetation on the roof, electric car charging stations, and systems to reduce water consumption by over 45% and energy consumption by 14%. The building will also be under contract for at least two years to provide 35% of its electricity from renewable sources.

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.

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.

“The location and proximity to Manhattan are fantastic,” says Mr. Caulfield. “PATH Trains and high speed ferry service to New York City are just a few blocks away, while the Light Rail conveniently takes riders through popular Gold Coast destinations such as Jersey City and Hoboken.”

About Fields Development Group

Based in Hoboken, NJ, Fields Development Group is a third generation real estate developer with a building heritage that dates back to 1933. Specialists in urban development since its beginnings, the company is widely recognized for its unique ability to create signature residential buildings that combine dramatic urban living spaces with modern amenities and features. Notable projects by Fields Development Group in Hudson County include Saffron, Waldo Lofts and Ivy House in Jersey City and Fields Crossing in Hoboken. www.fieldsdevelopment.com.

Led by brothers James and Robert Caulfield, Fields Development Group’s homebuilding expertise encompasses the entire spectrum of housing product, from land acquisition and construction to sales and marketing. All aspects of development are handled in-house to ensure an unmatched level of quality value and customer satisfaction.

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