Gomes Group

What Gomes Group does

Gomes Group is a privately held, multi-discipline real estate company founded in 2005 by CEO Pedro Gomes and headquartered in Newark, New Jersey. It operates a branded portfolio of 11+ luxury residential properties under the 'ByGomes' umbrella — including Envy, Arbol, Nova, Vida, Motto, Astor, Olea, Norfolk, and Sussex — concentrated in Newark's Downtown, University Heights, and Central Ward neighborhoods. Units range from studios to three-bedrooms at rents from $1,650 to $3,555 per month, and properties are differentiated by integrated smart-home technology (via the Brilliant platform), boutique amenities such as MIRROR Technology gyms by Lululemon, coworking spaces, rooftop terraces, biergartens, on-site cafés, zen gardens, and secured package systems. Arbol alone comprises 105 units, and Gomes holds planning approvals for a 165-unit mixed-use project in Central Ward and a second high-rise near Broad Street, signaling material near-term pipeline expansion.

The company's business model combines recurring residential rental income with adjacent revenue streams: coworking memberships at Envy starting at $200/month, on-site F&B operations (Kanela Café, Envy Bar & Grille), property management fees, real estate consulting, and episodic gains from an investment arm that has bought, rehabilitated, and sold hundreds of homes plus commercial and multi-family assets across the Tri-State Area since 2005. Operating subsidiaries include Gomes Consulting, Gomes Management, and Gomes & Gomes Development. Go-to-market is direct-to-consumer via property-specific websites, RentCafe online leasing, dedicated phone/email inside-sales, and on-site leasing centers — bypassing traditional broker channels. Gomes serves two primary customer segments: urban professionals and young adults seeking lifestyle-oriented luxury rentals, and university students/faculty affiliated with Rutgers Newark, NJIT, and Seton Hall. A strategic partnership with Fownders extends Gomes into an integrated live-work-play ecosystem branded as Newark's emerging 'Silicon City' cluster.

Name

Gomes Group

Legal name

Gomes Group

Website

https://bygomes.com

Company type

Private

Founded year

2005

Operating status

Operating

Short description

Gomes Group is a privately held Newark, NJ-based real estate firm operating 11+ branded luxury apartment properties under the 'ByGomes' umbrella, serving urban professionals and university students/faculty with smart-home-equipped units and lifestyle amenities across the Tri-State Area.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate

NAICS

Consumer Goods Rental (5322)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Full-Service Vacation Rental Property Management (THAMAKAA)

akta.pro secondary industry

Select-Service Hotels (THAGABAD)

Keywords

• Luxury apartment rentals
• Real estate development
• Property management services
• Residential property investment
• Multifamily housing

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Rental: Primary revenue stream from luxury apartment rentals across 11+ properties in Newark, NJ. Properties include Envy, Arbol, Nova, Vida, Motto, Astor, Olea, Norfolk by Gomes, and Sussex by Gomes. Units range from studios to 3-bedroom apartments with monthly rents from $1,650 to $3,555.
2. Real Estate Investment & Development: Since 2005, Gomes Group has been an active investor in the Tri-State Area buying, rehabilitating, and selling hundreds of homes in addition to commercial and multi-family assets. Development services create new properties for the portfolio.
3. Property Management Services: Long-term property management relationships with tenants and partners, generating recurring management fees.
4. Real Estate Consulting: Consulting services for potential buyers drawing on knowledge of the local market and trends.
5. Coworking Space Rental: Coworking spaces at Envy property rented starting at $200/month with amenities including conference rooms, kitchenette, club room with shuffleboard, and private events room.
6. On-site Amenity Operations: Revenue from on-site cafes, biergartens, and amenity spaces serving residents and guests at properties like Envy and Arbol.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Gomes Group is a privately owned real estate firm that develops, owns, leases, and manages a portfolio of branded luxury apartment properties under the ByGomes umbrella in Newark, NJ. The company also offers complementary real estate services including property investment, development, construction, property management, and consulting across the Tri-State Area. Monthly rents range from $1,650 to $3,555 across studio to 3-bedroom units.

Product overview

Gomes Group is a privately owned, multi-discipline real estate company based in Newark, NJ, operating since 2005. Their core offering is a portfolio of branded luxury residential properties under the 'ByGomes' umbrella, including Envy, Arbol, Nova, Vidá, Mòtto, Astor, Oleă, Norfolk, and Sussex. Properties feature smart home technology, upscale amenities (gyms with MIRROR Technology, coworking spaces, rooftop terraces, biergartens, cafés, Zen gardens, and pet facilities), and range from $1,650-$3,555/month. Beyond residential, they offer commercial amenity spaces (coworking at Envy, Kanela Café, Envy Bar & Grille), plus services including real estate investment, development, construction, property management, and consulting across the Tri-State Area.

Differentiator

Problem solved

Functional benefit

Brands

• Envy by Gomes: Luxury apartment property at 58-84 Norfolk Street, Newark, NJ featuring biergarten, coworking, café, rooftop, zen garden, and gym amenities.
• Arbol by Gomes
• Nova by Gomes
• Vida by Gomes
• Motto by Gomes
• Olea by Gomes
• Astor by Gomes
• Norfolk by Gomes
• Sussex by Gomes

Products and services

• Envy by Gomes Luxury residential property at 58-84 Norfolk Street, Newark, NJ featuring bespoke accommodations, rooftop access with NYC views, biergarten, café, coworking space, Zen garden, gym with MIRROR Technology by Lululemon, secured package system, pet washing station, and bicycle storage. Units available from $2,000/month.
• Arbol by Gomes Green luxury apartment community at 254-270 Orange Street, Newark, NJ featuring nature-inspired design, 105 residential units with 1, 2, and 3 bedrooms, smart technology systems, coworking space, lounge with arcade, café, biergarten, terraces, Zen garden, and gym. Units from $2,200/month.
• Nova by Gomes Luxury residential property at 1321 Mayor Kenneth A. Gibson Blvd, Newark, NJ featuring expansive open-concept design with floor-to-ceiling glass, soaring ceilings, Zen garden, gym, coworking space, storage, and parking. Availability starting 2026-06-01. Units from $2,000/month.
• Vidá by Gomes Luxury residential property at 34-40 Hudson St, Newark, NJ featuring open-concept design with soaring ceilings and floor-to-ceiling windows, Zen garden, coworking space, dog park, and parking. Availability starting 2025-11-01. Units from $2,100/month.
• Motto by Gomes Luxury residential property at 452-458 Summer Ave, Newark, NJ featuring floor-to-ceiling windows, panoramic city vistas, gym, Zen garden, lounge, storage, and parking. Availability starting 2026-09-01. Units from $1,650/month.
• Astor by Gomes Luxury residential property at 84-86 Astor Street, Newark, NJ featuring 1 Bed/1 Bath units with high ceilings, expansive windows, gym with MIRROR Technology by Lululemon, coworking space, storage, and parking. Units from $1,950/month.
• Oleă by Gomes Residential property at 159-161 N 6th Street, Newark, NJ featuring 2 Bed/1 Bath units with open-concept design, natural hardwood flooring, quartz countertops, in-unit washer/dryer, smart door locks, and parking with EV charging. Units from $2,375/month.
• Norfolk by Gomes Residential property brand in Newark, NJ operating two buildings at 50-56 Norfolk Street and 42-48 Norfolk Street.
• Sussex by Gomes Residential property at 134-142 Sussex Ave, Newark, NJ.
• Coworking at Envy Multi-purpose coworking space at Envy featuring Zen garden access, conference rooms with video conferencing cameras, kitchenette with free refreshments, club room with shuffleboard, and reservable private events room. Starting at $200/month.
• Real Estate Investments Active real estate investment practice in the Tri-State Area. Since 2005, the investment practice has bought, rehabilitated, and sold hundreds of homes in addition to commercial and multi-family assets.
• Real Estate Development Real estate development services with partnerships with investors leading to meaningful outcomes and growth in the Newark community. Includes the approved 165-unit mixed-use project in Newark's Central Ward.
• Construction Services Construction services using sustainable and natural materials, involved from blueprint design through client move-in for Gomes Group's own developments and partner projects.
• Property Management Property management services through Gomes Management focused on building long-term relationships with partners and valued tenants across the Gomes Group portfolio.
• Real Estate Consulting Real estate consulting services for potential buyers through Gomes Consulting, drawing on knowledge of the local Newark market and trends.

Quantifiable outcome

• Properties within walking distance to Norfolk Light Rail and Broad Street train stations for commuter convenience
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core, minor and supporting.

• FownderscoreStrategic or Co-development PartnerStrategic partnership with Fownders (a coworking and business development company) to bring housing, workspace, and biergarten amenities to Newark's emerging 'Silicon City' area. The partnership combines Gomes Group's real estate development expertise with Fownders' entrepreneurial ecosystem to create integrated live-work-play spaces.
• KanelaminorOthersOn-site cafe operator at Arbol and nearby Olea properties. Kanela serves residents and guests with coffee and cuisine in an elegant setting at 270 Orange St, Newark, NJ.
• Envy Bar & GrilleminorOthersBeer garden partner located at 51 Newark Street, Newark, NJ, serving local and international brews. Available to residents and guests of Envy property, offering a social gathering space within walking distance of the property.
• Lululemon MIRRORsupportingTechnology or IntegrationTechnology partnership providing MIRROR gym equipment by Lululemon at no additional cost to residents across multiple properties (Envy, Arbol, Nova, Vida, Motto, Astor). Includes specialized fitness classes throughout the year.
• Package ConciergesupportingTechnology or IntegrationSecured package system for automated delivery management at Envy property, providing residents with secure package pickup and notification services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Greystar Real Estate Partners: Largest US apartment operator and developer, managing and developing multifamily properties nationally including urban Class-A product in Newark-adjacent markets. Comparable business model (operate-plus-develop luxury multifamily) though at much greater scale.
• AvalonBay Communities: Public multifamily REIT operating Class-A apartment communities in high-barrier coastal markets including Northern NJ. Overlaps with Gomes Group in luxury urban multifamily positioning targeting NYC-commuter demand, though at national REIT scale.
• Equity Residential: Major public multifamily REIT with a significant portfolio of urban Class-A apartments in NYC, Boston, DC, and other gateway markets. Comparable to Gomes Group in urban luxury apartment focus, though at public-company scale with national portfolio diversification.
• The Related Companies: One of the largest US real estate developers with major NY/NJ multifamily and mixed-use developments including Hudson Yards-area projects. Overlaps with Gomes Group in Tri-State luxury/mixed-use development, though at vastly larger scale and broader geographic footprint.

Direct peers

• The Domain Companies: Privately-held urban real estate developer specializing in luxury mixed-use and multifamily in gateway East Coast cities. Closely comparable to Gomes Group in mid-sized developer-operator profile, lifestyle-driven amenity programming, and integrated mixed-use approach.
• Bozzuto Group: Privately-held Mid-Atlantic developer, owner, and manager of luxury apartment communities with strong amenity-driven brand positioning. Directly comparable to Gomes Group in lifestyle-oriented luxury apartment management and integrated resident-amenity programming.
• L+M Development Partners: Privately-held, NY/NJ-focused real estate developer and operator of mixed-income and market-rate multifamily housing. Closely comparable to Gomes Group in regional Tri-State focus, mixed-use development approach, and vertically integrated development-to-management model.

Regional players

• Veris Residential: Jersey City-based multifamily REIT (formerly Mack-Cali) operating luxury apartment communities across the New Jersey waterfront. Comparable to Gomes Group in NJ geographic focus and Class-A multifamily positioning targeting NYC-commuter tenants.
• Gotham Organization: Privately-held NYC luxury residential developer and manager known for high-end amenitized apartment product. Comparable to Gomes Group in lifestyle/luxury positioning and developer-operator integration, though concentrated in Manhattan rather than Newark.
• Kushner Companies: New Jersey-headquartered real estate investment and development firm with multifamily and mixed-use projects across the Tri-State area. Comparable to Gomes Group in NJ-rooted, privately-held, multi-discipline development-and-investment model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GomesGroupLLC

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gomes Group