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Denholtz Properties, a prominent real estate company based in Red Bank, has made a significant stride in its portfolio with the acquisition of Solo at North Bergen—a luxurious multifamily community featuring 214 units.
The property, nestled at 4828 Tonnelle Ave. in North Bergen, is a testament to Denholtz Properties' strategic growth approach. Comprising an impressive 98% occupancy rate, Solo at North Bergen boasts a well-designed layout encompassing three three-story buildings with 138 units, along with a five-story building housing 76 units.
Residents are treated to an extensive array of resort-style amenities, headlined by a sprawling 5,000-square-foot clubhouse adorned with billiards and gaming tables. A state-of-the-art fitness center caters to the health-conscious, while an inviting outdoor swimming pool replete with grilling stations and an adjacent outdoor sauna promises relaxation.
A community dog run caters to furry companions, and a full-service package room adds a touch of convenience to everyday living.
Prime Connectivity Hub for Residents
One of the property's key attractions is its strategic location, affording seamless connectivity to prominent destinations including New York City, Jersey City, Newark, and Hoboken.
Routes 1&9 and 3, as well as Interstates 78, 95, and 495, offer easy access. Additionally, the Tonnelle Avenue Light Rail Station is just steps away, as is a New Jersey Transit bus stop, providing direct transportation to New York City.
Denholtz Properties' President, Stephen Cassidy, emphasized the allure of North Bergen's expanding population and its enviable accessibility to major employment and entertainment centers. He noted, "This acquisition speaks to our commitment to expanding our multifamily portfolio through an intelligent and strategic approach to growth." The company is eager to implement its well-honed residential management platform to cultivate Solo at North Bergen into a premier residential community within northern New Jersey.
Solo at North Bergen is the newest addition to Denholtz Properties' roster of completed or ongoing residential projects. Notable among these are the Rail at Red Bank, a visionary mixed-use community featuring 57 units adjacent to the Red Bank Train Station, and the Rail at Bound Brook—an ongoing endeavor encompassing a 143-unit Class A multifamily community located opposite the Bound Brook train station, which successfully broke ground in May.
Denholtz Properties continues to shape the real estate landscape with its strategic acquisitions and transformative developments.
