Lifestyle

930 McCarter Highway Newark NJ: Mixed-Income Tower Tops Out in Downtown Newark

Newark’s skyline has reached new heights with the recent topping-out of the 25-story residential tower at 930 McCarter Highway Newark NJ. This milestone marks significant progress in the transformation of Newark’s waterfront into a vibrant, transit-oriented destination.

The Impact of 930 McCarter Highway Newark NJ on Urban Housing

Standing 289 feet tall, this impressive development will add 333 apartments to Newark’s housing inventory, with 68 units designated as affordable housing. This mixed-income approach aligns with Newark’s commitment to inclusive growth—creating neighborhoods where residents of different backgrounds and economic circumstances can live side by side.

The glass-clad structure features a distinctive L-shaped configuration that maximizes views of both the Passaic River and the Manhattan skyline. Recent construction updates show the tower’s elegant proportions and clean lines as seen in photographs shared by architecture enthusiasts.

Connecting Residents to Urban Amenities

Located steps from the NJPAC/Center Street light rail station and within walking distance of Newark Penn Station, 930 McCarter Highway offers exceptional transit connectivity. Residents can reach Manhattan’s World Trade Center in approximately 20 minutes via PATH train, making this location competitive with many parts of Brooklyn and Queens in terms of commute times.

The project includes approximately 3,750 square feet of street-level retail space and a four-level parking structure with 240 spaces. Seen in store windows around town, renderings of the completed project showcase how the building will enhance Newark’s evolving urban landscape.

Part of Newark’s Broader Renaissance

The 930 McCarter Highway project exists within the context of an unprecedented wave of development reshaping downtown Newark. With market-rate rents averaging around $2,200 per month—substantially below comparable offerings in Manhattan, Brooklyn, or even Jersey City—the development represents an attractive value proposition for urban dwellers seeking modern amenities and transit connectivity.

Boraie Development anticipates beginning the leasing process in early 2026, with the first residents moving in later that year. For a city that has weathered economic challenges and negative perceptions, the rising tower at 930 McCarter represents not just physical reconstruction but psychological rejuvenation—tangible evidence that Newark’s potential is finally being realized.