Luxury Apartments Set To Open In Red Bank Next Year

RED BANK, NJ - A brand-new luxury apartment complex is coming to Red Bank, featuring lush amenities including a fitness center, two roof decks and in-unit laundry service. The site began construction in 2019 and is expected to start leasing to tenants next year.

Dubbed “The Rail”, the 154,000-square-foot complex is set to house 57 luxury units, a two-level parking garage and 6,000 square feet of retail on the ground level. The site will be accessible by train and will be located next to the Red Bank train station at 118 Chestnut St.

You can view computer renderings of the project here.

Residents will be able to enjoy two amenity decks, a fitness center, yoga studio, club room, bike storage, a dog wash station and a game room. Each unit will tout stainless steel appliances, wood flooring, tile bathrooms, quartz/granite countertops, in-unit washers and dryers, and heating/cooling systems.

Denholtz Properties recently received the $17.5 million financing bid from JLL Capital Markets to build the housing units, according to TAPinto Red Bank.

“Our move to Red Bank was motivated by one word – opportunity. Throughout our company’s history, our ability to recognize and capitalize on unique opportunities in the real estate market has defined our work,” Denholtz Properties President Stephen Cassidy wrote in a news release last year.

“By positioning ourselves in the heart of one of New Jersey’s most desirable and dynamic towns next to our most significant real estate project in recent history, The Rail @ Red Bank, we are establishing our roots in Red Bank and look towards playing an active role in the town’s ongoing transformation.”

Thanks for reading! Have a news tip? Email nicole.rosenthal@patch.com.
Click here to get Patch email notifications, or get breaking news alerts sent right to your phone with our app, download here. Follow Red Bank Patch on Facebook.