Inside the Tower: Luxury Meets Community
The 400,175-square-foot Class-A property is designed with both lifestyle and commerce in mind. Out of that, 290,000 square feet are reserved for residences, while 27,662 square feet house retail space, creating a mixed-use hub that blends living, working, and shopping under one roof.
“626 Newark integrates luxury living with vibrant retail and commercial spaces that foster connection and convenience for all renters and neighbors alike,” said Effy Namdar, CIO of Namdar Group. “This dynamic mix supports a true live-work-play environment, positioning the property as a cornerstone of the rapidly evolving Journal Square community.”
A Cornerstone for Jersey City’s Future
With Journal Square undergoing rapid transformation, the project is being billed as more than just a building—it’s a catalyst for growth.
“We are proud to bring this vision to life for Jersey City,” Namdar added.
Neither Namdar Group nor TYKO Capital immediately responded to requests for further comment. Counsel details for the transaction were not disclosed.
