HomeReal Estate & DevelopmentTulfra/Hampshire luxury rental community in North Haledon now 100% leased

Tulfra/Hampshire luxury rental community in North Haledon now 100% leased

Molly Brook on Belmont, a 180-unit luxury rental community in North Haledon, is now 100% leased, according to a Friday announcement from Rochelle Park-based Tulfra Real Estate.

The upscale apartment community that sits nestled among 20 acres of wooded space was the vision of Tulfra Real Estate and its joint venture partner, the Hampshire Cos. The project quickly became known for its spectacular design, resort-style amenities and a suite of unique state-of-the-art outdoor features.

The partners invested 10 years developing the project, which is the centerpiece of North Haledon’s redevelopment zone.

“We are proud that we have achieved our leasing goal so quickly,” Marcus Lee of Tulfra Real Estate said. “It took us 10 months to reach 100% lease-up.

Sonny Jumani.

“When we set out to create this beautiful community and lifestyle, we knew we had something special — and that we would become the rental destination of choice in northern New Jersey,” Sonny Jumani, CEO and president of Tulfra Real Estate, stated. “We received accolades from all over the state for Molly Brook. We are proud that our residents embrace our product and vision, and we look forward to bringing this luxury brand to other communities throughout New Jersey.”

Named for the babbling brook that runs adjacent to the property, Molly Brook on Belmont draws inspiration from the borough’s rich Revolutionary War history. The name Molly Brook pays homage to Dirck and Molly Van Houten, who settled alongside the brook in the late 18th century. General Marquis de Lafayette’s soldiers camped alongside the brook during the Revolutionary War.

Each one-bedroom and two-bedroom home offers high-end features like stainless steel LG appliances, luxury tile baths, spacious walk-in closets and a stacked washer/dryer in every unit.

A luxurious clubhouse anchors Molly Brook on Belmont, equipped with a private kitchen, lounge, cutting-edge fitness center and a resort-style pool. Outside the clubhouse, residents and their guests have a host of activities at their fingertips, including a scenic walking trail, BBQ grilling stations, on-site bike storage and a dog park.

“The grounds have so much to offer for entertainment, relaxation and meeting new people in the community,” Jumani said. “Residents know how central these amenities are to getting to know your neighbors. When they’re as appealing as the ones at Molly Brook on Belmont, the clubhouse and outdoor amenities become the place to be during downtime.

“Tulfra is committed to meeting the rising demand for Class A housing and residents’ expectations for amenities that make their lives easier and comfortable.”

Related Articles

NAI James E. Hanson closes sale of 14,600-square-foot industrial property in Teterboro

NAI James E. Hanson said Feb. 17 that it negotiated the sale of a 14,664-square-foot industrial flex building located at 50 Hollister Road in...

JLL Capital secures $11.5M acquisition financing for retail center in Clifton

JLL Capital Markets announced it has arranged $11.5 million in acquisition financing for 1030 – 1050 Route 46, a 48,535-square-foot retail center in Clifton. JLL...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

Marcus & Millichap announces sale of Hoboken mixed-use building for $3.47 million

Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use...

Cushman & Wakefield arranges 2 leases for 180 Park Avenue in Florham Park

Cushman & Wakefield has arranged two leases on behalf of landlord Vision Properties at 180 Park Avenue in Florham Park. These transactions bring the...

Latest Articles

Provident Bank names Tammaro to lead middle market lending

Provident Bank announced Feb. 17 that it has appointed Joseph A. Tammaro Jr. as executive vice president, head of middle market lending.  In this role,...

Ramapo College add 2 alumni to board of trustees

Ramapo College of New Jersey announced that two alumni, Stephan Lally ’20 and Brady O’Connor ’16, have been sworn in as the newest members...

WARN update: Early-February workforce changes affect hundreds across New Jersey

More than 800 layoffs and relocations have been announced this month in New Jersey's Worker Adjustment and Retraining Notification (WARN) notice list. Retail and banking...

Parikh appointed CEO of Galata Chemicals in Jersey City

Praana Group, a diversified conglomerate with businesses spanning specialty chemicals and fiberglass, and Galata Chemicals, a global leader in specialty additives and performance chemicals...

NJ Transit begins ‘cutover’ schedule as work continues on Portal Bridge

NJ Transit rail service began Portal Bridge transfer, or “cutover” schedules with Midtown Direct service diverted to Hoboken. Cross honoring is in effect for...

NAI James E. Hanson closes sale of 14,600-square-foot industrial property in Teterboro

NAI James E. Hanson said Feb. 17 that it negotiated the sale of a 14,664-square-foot industrial flex building located at 50 Hollister Road in...

Latest Articles

Provident Bank names Tammaro to lead middle market lending

Provident Bank announced Feb. 17 that it has appointed Joseph A. Tammaro Jr. as executive vice president, head of middle market lending.  In this role,...

Ramapo College add 2 alumni to board of trustees

Ramapo College of New Jersey announced that two alumni, Stephan Lally ’20 and Brady O’Connor ’16, have been sworn in as the newest members...

WARN update: Early-February workforce changes affect hundreds across New Jersey

More than 800 layoffs and relocations have been announced this month in New Jersey's Worker Adjustment and Retraining Notification (WARN) notice list. Retail and banking...

Parikh appointed CEO of Galata Chemicals in Jersey City

Praana Group, a diversified conglomerate with businesses spanning specialty chemicals and fiberglass, and Galata Chemicals, a global leader in specialty additives and performance chemicals...

NJ Transit begins ‘cutover’ schedule as work continues on Portal Bridge

NJ Transit rail service began Portal Bridge transfer, or “cutover” schedules with Midtown Direct service diverted to Hoboken. Cross honoring is in effect for...