Diversified Properties begins construction on phase one of multifamily community in Jefferson 

Jefferson Place, a brand-new luxury multifamily community located on Hellers Lane in Jefferson, has commenced the first phase of construction, according to a Thursday announcement from Diversified Properties.

Jefferson Place’s first phase of development will include an elevator building with 32 one- and two-bedroom apartments ranging in size from 855 to 1,216 square feet with built-in den spaces. The community’s amenity package will include private garages, an indoor fitness center, outdoor lounge and grilling areas, and individual storage units available for residents.

“Our multifamily investment philosophy has always been driven by a focus on finding underserved markets like western Morris County and leveraging our creativity to bring communities like Jefferson Place to life,” Nick Minoia, founding and managing partner of Diversified Properties, said. “We are excited to celebrate this milestone as we begin the process of creating a space that residents can be proud to call home for years to come.”

Phase one is scheduled for completion in the fall of 2024.