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Some see what’s standing there.We see what it could be.

Residential · Working now

The Pennington

A former hospital campus, now 147 homes in four connected buildings.

Passaic, NJ147 residencesOwned with Seaview Capital; operating

The Pennington from the air
The Pennington from the air
Purchase price
Residences, completed 2022 and 2023
Commercial space

Where we found the value

  1. Identity

    It was a hospital: four connected buildings with no brand, which everyone called north, south, east and west. We gave it one name, and a P drawn from four lines, one for each building, with each building’s letter pointing its own way.

The Pennington is part of the former St. Mary’s Hospital campus in Passaic: four connected buildings, the High, the Aycrigg, the Randolph and the Pennington, with 147 residences completed in 2022 and 2023 and two commercial suites of more than 23,000 SF. P3 owns it with its partner, Seaview Capital.

Our work now is signs and wayfinding between the four buildings, better amenities, and higher rents as leases renew. The new identity came first, in October 2026. The vacant South Tower is part of the longer plan; it does not have approvals yet.

Its own identity · October 2026

The Pennington’s new identity

It was a hospital: four connected buildings with no brand, which everyone called north, south, east and west. In October 2026 we gave it one identity. Its P is drawn from four lines, one for each building: the High, the Aycrigg, the Randolph and the Pennington. Each building has its own letter and color, and each letter points its own way, as the old names did.

ThePennington211 Pennington AvenuePassaic, New Jersey

Four connected buildings. One community.

Residences across four connected buildings around a shared courtyard, with the leasing office in the Pennington.

  • The High

    The lobby lounge at The Pennington

    Lobby lounge

  • The Aycrigg

    A residence at The Pennington: dining table, living room and kitchen

    Modern unitsWasher and dryer

  • The Randolph

    One of The Pennington’s two gyms

    Two gyms · Package roomOn-site management

  • The Pennington

    The shul at The Pennington

    ShulOn premises

For leasing and inquiries call 855·534·3611

In photographs

  • The Pennington from the air

  • The lobby lounge at The Pennington

  • A residence at The Pennington: dining table, living room and kitchen

  • One of The Pennington’s two gyms

  • A living room at The Pennington

  • A kitchen at The Pennington

For invited investorsThe full file on The Pennington is private.Investors we have invited can see it, with its documents, after signing in.Investor login

Building names, colors, the line and the leasing number are from The Pennington’s brand book, edition 1, October 2026. Photographs credited to a building follow the book’s own ad.