January 2022 occupancy set for KRE Group's, Russo Development's luxury rental community
Jessica Perry//December 27, 2021//
January 2022 occupancy set for KRE Group's, Russo Development's luxury rental community
Jessica Perry//December 27, 2021//
A new luxury community in Rockaway Township is ready for residents.
Kushner Real Estate Group and Russo Development recently announced the launch of leasing for Rock Pointe‘s 345 rental residences, with occupancy slated for January 2022.
Rock Pointe offers a ridgetop location at 1 Rock Pointe Place and is less than 2 miles from the entrance to Route 80. Monthly rental rates start from $2,100 for the community’s one-, two- and three-bedroom units.
The property is a part of KRE Group‘s “Garden Collection.”
“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 KRE Group President Jonathan Kushner in a statement.
The joint venture partners closed on a $71 million construction loan for the project back in October of 2020.
Homes at Rock Pointe feature open layouts, in-unit washers and dryers with central AC and gas heat/hot water. Beyond the individual residences, the community offers indoor and outdoor amenities with activity and social spaces including a resident lounge, bar, conference room, a walking path, barbecue areas, and more.
Residents have access to package lockers, the partners said, with individual mailboxes and parking garages for each building, onsite EV charging stations, a dog park and a dog wash station.
Commuters benefit from nearby access to Routes 287, 15 and 46; the Denville New Jersey Transit station is a 5-mile drive; and bus service is available via NJ Transit and the Lakeland Bus Line. Nearby attractions include Rockaway Townsquare Mall, Lake Hopatcong, the Split Rock Reservoir and Farny State Park.