Shorewood Real Estate Group launches leasing at The Ballantine

NEWARK, NJ – Leasing has launched for The Ballantine, a new luxury rental building located on the iconic Ballantine Brewery site in Newark’s Ironbound neighborhood.

Developed by Shorewood in partnership with Bridge Investment Group, the building features a collection of 280 studio to two-bedroom residences, modern amenities, and 2,600 s/f of retail space. Monthly rents for the homes start from the $2,000’s with grand opening incentives that include up to two months free.

The Ballantine was celebrated earlier this year when Newark officials and the developers joined for a ceremonial ribbon cutting ceremony held in the building’s magnificent lobby. The property was hailed for transforming a historic site once home to one of America’s oldest beer brands into a new community that will deliver new energy to the Ironbound neighborhood.

“The Ballantine marks an important chapter in Newark’s growth, thoughtfully integrating the site’s historic significance with a modern vision for the Ironbound’s northern edge,” said Larry Davis, CEO of Shorewood Real Estate Group. “As our inaugural project in Newark, we saw an opportunity to revitalize a once-prominent, but underutilized property into an extension of the neighborhood, providing residents with a contemporary living experience rooted in local character. The Ballantine is one of the most anticipated new residential openings in the Ironbound in recent memory. We’re excited to officially open its doors to the public.”