KRE GROUP AND RUSSO DEVELOPMENT LAUNCH LEASING AT ROCK POINTE

New Rockaway Township Luxury Rental Community Offers January 2022 Occupancy

ROCKAWAY TOWNSHIP, NJ – Kushner Real Estate Group (KRE Group) and Russo Development, two of New Jersey’s most prominent and active real estate developers, have launched leasing at Rock Pointe, a brand-new community of 345 luxury rental residences in Rockaway Township, NJ.

Located at 1 Rock Pointe Place, Rock Pointe is situated in a picturesque ridgetop location convenient to nearby shopping and dining on Green Pond Road and less than two miles from the entrance to Route 80. Residents of the community will enjoy spacious, thoughtfully designed residences, indoor and outdoor lifestyle amenities, and a relaxed, suburban ambience.

Monthly rental rates for Rock Pointe’s collection of one-, two- and three-bedroom residences start from $2100. Initial occupancy is scheduled for mid-January, 2022. For more information, visit http://www.RockPointeNJ.com or call 973-363-2065.

“We are delighted to start leasing apartments at Rock Pointe which blends well-appointed living spaces and modern amenities with a desirable Morris County location convenient to local highways, parks, shopping, dining, and employment centers,” said Jonathan Kushner, President of KRE Group. “We look forward to welcoming our first residents in January.”

Rock Pointe’s beautifully crafted homes feature open layouts ideal for entertaining. Modern kitchens are outfitted with stainless steel dishwashers, refrigerators and microwaves, and granite countertops. All residences include in-unit washer/dryer, luxury vinyl tile flooring in the living areas, large closets, ceiling fans, and tile flooring in bathrooms. Climate control is efficient and modern, with central AC and gas heat/hot water.

Enhancing residents’ lives is a full complement of lifestyle amenities designed to offer a variety of activity and social spaces just steps from their front door. The community’s 10,000 square-foot, resort-style clubhouse features a state-of-the-art fitness center and yoga room, resident lounge with several seating areas, fireplace and a bar, conference room, and a screening/gaming room.

Coveted outdoor space includes a pool, pool house, landscaped terrace with a fire pit, sun loungers, televisions, tot lot, a walking path, and a fitness area for invigorating, fresh-air workouts. A central BBQ area is ideal for larger events, while smaller BBQ stations allow for more intimate gatherings. All residents have access to package lockers, individual mailboxes in each building, parking garages for each building, and onsite EV car charging stations. The pet-friendly community also offers a dog park and a dog wash station.

As the newest addition to KRE Group’s “Garden Collection” of luxury apartments, Rock Pointe brings upscale rental living to a region of Morris County that is dotted with idyllic lakes and lush forests. Commuters are well-connected, as Route 80, Route 287, Route 15 and Route 46 are all nearby. NJ TRANSIT’s Denville train station, offering service to Manhattan, is about a five-mile drive away. Bus service is available through NJ TRANSIT and Lakeland Bus Lines. Residents are close to a number of local destinations, including the Rockaway Townsquare Mall, Wegmans, Costco, Lake Hopatcong, the Split Rock Reservoir, Farny State Park, and several lake clubs and golf courses.

For more information on Rock Pointe, visit http://www.RockPointeNJ.com.

About Kushner Real Estate Group

Founded in 1979 and headquartered in Jersey City, NJ, KRE Group is a full-service real estate investment and management company with properties in New York, New Jersey, and Pennsylvania. The KRE multi-family portfolio exceeds 9,000 existing apartments, with an additional 7,000 in various stages of approval and construction. The company also owns and manages more 6,000,000 square feet of office, warehouse, and retail space. For more information, visit the company’s website at http://www.thekregroup.com.

About Russo Development, LLC

Russo Development is one of the most active, privately held developers of industrial, data center, and multifamily properties serving the New Jersey market. Russo has earned a reputation for well-planned developments that are distinguished by their emphasis on detail and quality. Over their 50-year history, Russo has completed more than 8 million square feet of industrial projects and has become one of the largest owners of data center space in the New York metropolitan area. The firm has also completed approximately 2,200 rental apartments during the past several years and has a multi-family pipeline of over 3,500 units planned in various New Jersey communities over the next five years. To learn more about the firm’s philosophies and hallmarks, please visit http://www.russodevelopment.com.

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