BNE Real Estate Group, together with South Amboy city officials, cut the ribbon on South Amboy’s brand-new waterfront community now leasing — The Pearl at Station Bay, a new community of 205 designed rental residences set between the city’s NJ TRANSIT rail station and its commuter ferry terminal.

Located at 2000 Schindler Drive, The Pearl delivers more than 26,000 square feet of elevated amenities and premium residences in a boutique, resort-style setting. The four-story property is the second phase of BNE’s ambitious Station Bay redevelopment, a $500 million initiative that began with the successful debut of 291 residences in 2021 and is transforming 55 acres of South Amboy’s shoreline into a vibrant, transit-connected neighborhood.
Studio, one-, and two-bedroom residences are now available, with monthly rents starting from the $2,200’s and limited-time grand opening specials available for early renters.
“For those of you who may have been here a few years ago, when you take a look at what was down here then and what is here now, it’s an incredible improvement,” South Amboy Mayor Fred Henry said. “This is obviously an incredible building and a welcoming place for all of the people who are coming into South Amboy, because this is a great community to live in.”
“South Amboy has done a remarkable job revitalizing its waterfront and creating a well-connected neighborhood that extends into the city’s downtown,” Jonathan Schwartz, partner at BNE Real Estate Group said. “We’re proud to be part of this ongoing story, from the success of Station Bay’s initial phase to The Pearl, which brings new choices for residents to enjoy this unique bayfront setting.”
While ferries are currently operating from a temporary terminal, a permanent two-story facility with seating and a waterfront restaurant is already under construction. With direct NJ TRANSIT service to Penn Station, ferry routes to key Manhattan destinations, and convenient highway access, The Pearl offers a transit-rich lifestyle few communities in New Jersey can rival.
Designed by Minno & Wasko Architects and Planners, with interiors by Mary Cook Associates, The Pearl pairs clean, contemporary architecture with meticulously detailed interiors that elevate everyday living.
Each home features 9- to 10-foot ceilings, wide-plank flooring, solar window shades, modular closet systems, and in-home washers and dryers. Select residences also include private balconies or patios, perfect for soaking in the bay breeze.
Kitchens are as stylish as they are functional, with quartz countertops, modern gray suede cabinetry, full-height tile backsplashes, undercabinet lighting, stainless steel appliances, gas ranges, oversized sinks, and built-in pantries or islands (in select layouts).
Bathrooms channel a spa-like sensibility, with mosaic tile flooring, full-height linear tile wet walls, quartz countertops, and palomino-stained shaker vanities. Premium layouts include dual vanities, linen storage, and frameless glass showers.