Panepinto Begins Leasing for 505 Summit in Jersey City

On Mar 18, 2026

Panepinto Properties has begun leasing at 505 Summit, a 53-story residential tower featuring 605 apartment homes, sweeping Manhattan skyline and Statue of Liberty views, and an extensive suite of amenities in Jersey City’s Journal Square.

Located next to the Journal Square PATH station, 505 Summit offers studio, one-, two- and three-bedroom residences with rents starting from the $2,700’s, including limited-time grand opening incentives of up to 2.5 months free, with initial occupancy scheduled for late spring.

The mixed-use project incorporates elements designed to benefit both residents and the broader community, including 3,200 square feet of retail space and a new landscaped public plaza.

Panepinto Properties has appointed The Marketing Directors as the exclusive marketing and leasing agent for 505 Summit, with Greystar servings as Property Manager. The leasing launch includes the opening of an on-site leasing office and the debut of five fully furnished model residences, offering prospective renters the opportunity to experience the scale, layouts, and finishes of the homes firsthand. The model residences are merchandised by Panepinto Interiors and Regina Mariano Design.

“505 Summit brings together the qualities that continue to draw residents to Journal Square, new high-rise living, curated amenities, and immediate access to PATH service alongside the neighborhood’s growing mix of shops, dining, services, and cultural destinations,” said Joseph A. Panepinto Sr., president & CEO of Panepinto Properties. “As the building has neared completion, interest has been strong among renters seeking a vibrant and convenient lifestyle in one of Jersey City’s most connected neighborhoods.”

The Residences

Designed by New York–based HLW International, the homes feature nine-foot ceilings, luxury plank flooring, in-home washer and dryer, and kitchens appointed with stainless steel appliances, quartz countertops, full-height ceramic tile backsplashes, and soft-close cabinetry. Bathrooms are finished with equally elevated materials and fixtures, along with porcelain tile floors and walls.

Desired Amenities, Inside and Out

505 Summit offers a five-star amenity program designed to support modern lifestyles. Indoor spaces include a lobby lounge, resident lounge, game room, karaoke lounge, co-working areas, children’s playroom, communal pantry, pet spa, multi-sport simulator, and a state-of-the-art fitness center with yoga studio.

Outdoor amenities are anchored by a rooftop deck featuring an outdoor pool and sundeck, barbeque and dining areas, and a dedicated dog run. Additional conveniences include 24-hour concierge service, a package room, bike storage, a parking garage with valet parking and electric vehicle charging stations,  and a porte-cochère for convenient arrivals and departures.

“505 Summit enters the market with stylish homes complemented by a carefully considered amenity collection,” said Jacqueline Urgo, president of The Marketing Directors. “The building delivers a complete residential experience for renters seeking a sophisticated Journal Square lifestyle.”

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