Diversified Properties announced the start of Phase II construction at Jefferson Place, its newest luxury apartment community located in Jefferson Township.
The next phase of development will introduce 75 residences within a four-story building designed over private parking, further expanding the community’s planned living environment.
Phase II will also bring a suite of amenities designed to meet the evolving needs of modern renters. Planned additions include a fully equipped fitness center, a resident lounge tailored for working from home, a golf simulator, underground parking and outdoor gathering spaces.
The launch of Phase II follows strong leasing momentum for Phase I, which is already 50% leased. The early success underscores strong demand for rental housing in the Jefferson Township area and reflects Jefferson Place’s appeal as a premier residential destination. The community is at 9 Hellers Lane in Lake Hopatcong.
“Jefferson Place has been incredibly well received, and reaching the 50% leasing milestone so early validates both the design and vision behind this community,” said Nicholas Minoia, managing member of Diversified Properties. “As we begin Phase II, we’re excited to build upon that momentum by introducing additional residences and amenities that enhance daily living while maintaining the high standards that define Jefferson Place.”
Jefferson Place offers access to outdoor recreation including Lake Hopatcong and hundreds of acres of the Morris County Park System.
Monthly rents start from $2,400 with new year incentives that include up to one month free on a 13-month lease.
