As Vibrancy Returns, Demand for Downtown Rental Buildings Surges

Demand for housing in vibrant, metropolitan settings is roaring back. New Jersey downtown centers like Jersey City and Morristown are experiencing a residential rebirth as renters clamor to start enjoying the cosmopolitan energy and city conveniences they sorely missed.  New luxury apartment buildings near lively dining, shopping and entertainment centers are reporting numbers that turn back the clock to pre-pandemic days.

30 Court, Morristown, NJ

In Morristown, NJ, PCD Development is touting yet another leasing milestone at 30 Court, a boutique four-story luxury rental building one block from the famed Morristown Green.  The collection of just 58 oversized homes has achieved the notable mark of 85% leased, according to the New Providence, N.J.-based developer.

Featuring a mix of 58 two-bedroom and two-bedroom-plus-den homes with expansive living spaces that range from approximately 1,250 square feet to up to 2,000 square feet, the signature residential property has had tremendous appeal to sophisticated renters seeking elegant, graceful and maintenance-free living within close proximity to one of New Jersey most recognized and energetic downtown centers. 

Net-effective monthly rents for the stylish homes at 30 Court start at $3,650.  Limited time Grand Opening incentives include 1 month free on a 13-month lease and 2 months free on a 26-month lease.  Select homes include a limited time incentive of 2 months free on 16-month lease. Homes are available for immediate occupancy.  Coldwell Banker New Homes is the building’s exclusive leasing and marketing agent.

“30 Court is the most unique rental in the Morristown market,” said Jonathan Stein, founder and managing member of PCD Development.  “With its large, luxuriously appointed homes, five-star amenities and true downtown location, it offers the ideal living environment for renters ranging from empty-nesters looking to scale down from estate homes to young couples and single-professionals seeking to elevate their lifestyle.  Its attractiveness to such as broad spectrum of renters has directly resulted in the high leasing velocity we’re seeing today.”

Elegant homes at 30 Court feature open and light-filled floorplans with upscale features and finishes that include 9’-ceiling heights, full and Juliette balconies (some with landscaped courtyard views), ButterflyMX® video access system and in-home, separate in-home laundry room with full-size washers and dryers.  Gourmet kitchens boast quartz countertops, custom-built cabinets, center islands with sinks, Kohler® faucets and stainless-steel appliances, while sumptuous master bedroom suites feature spacious walk-in closets and luxurious bathrooms with porcelain floors, showers, and bath walls. A limited offering of lavishly appointed penthouses is also available featuring extra volume ceilings, enhanced living spaces, the best views and upgraded finishes including world-famous Bertazzoni kitchen ranges.

30 Court is situatedon Morristown’s highest elevation and offers residents unrivaled panoramic views of the surrounding landscape.  

The refined lifestyle at 30 Court is completed by its thoughtfully designed amenities which include a huge private, outdoor courtyard that features a lushly landscaped lawn area with shaded seating and dining areas, oversized fireplaces, tranquil water feature and an outdoor kitchen area with grill stations.

Courtyard at 30 Court in Downtown Morristown

Other hotel-like indoor amenities at the sophisticated building which include an elegant lobby, well-equipped fitness center, Clubroom with a bar and seating area, and a spacious Wi-Fi-enabled Entertainment Lounge with a flat-screen TV and integrated Sonos® sound system.   The pet-friendly community also offers on-site Concierge service, Luxer One® package delivery system, and onsite private parking garage with electric car charging stations.  Bradyl™ storage units are also available to be reserved.

When not enjoying all that 30 Court has to offer at home, residents can delight in the vibrancy of downtown Morristown and the fine dining, nightlife, shops, and services along nearby Green and South Streets.  Entertainment and cultural opportunities also abound, including the renowned Mayo Performing Arts Center, home to music, dance, comedy and more, and the Frelinghuysen Arboretum.  Of course, Morristown is widely recognized for its role in the nation’s revolutionary past and nearby museums and historical sites such as Washington’s Headquarters pay homage.

Situated at 30 Court Street, the convenient locale of 30 Court also makes commuting a breeze. The building is less than one mile from the NJ Transit® Morristown train station which whisks riders into work centers in Newark and New York City.  Major highways are also close by, including Interstates 287, 78, and 80, Route 202 and the Garden State Parkway.

For more information on 30 Court, please visit or call 973-685-6000.  Broker participation is welcome.

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