Diversified Properties

A rendering for Diversified Properties' proposed 55,000-square-foot building coming to Route 202 at the Interstate 287 exit in Montville. - DIVERSIFIED PROPERTIES
Jan 18, 2024

Diversified Properties adds strategic industrial sites in Montville

Construction on a three-building flex campus will start within 30 days, according to the locally based real estate owner and developer.

Rendering for Jefferson Place, a new multifamily community coming to Morris County from Diversified Properties.
Jan 23, 2023

New community Jefferson Place coming to Morris County

Diversified Properties has plans to bring 32 new units to Jefferson Township in its first phase of construction.

1 Indian Lane E. in Towaco is a 9,000-square-foot industrial building.
Dec 15, 2022

Diversified Properties acquires Montville industrial building

“Industrial assets in markets like Morris County continue to benefit from the space crunch seen in areas to the east around the Meadowlands, Port Newark and Elizabeth,” said founder and Managing Principal Nicholas Minoia.

Peter Matarazzo, CFO, Diversified Properties
Jun 2, 2022

Diversified Properties adds Matarazzo as CFO

Peter Matarazzo comes to the role from New York City-based developer Arete Management, where he served as chief financial officer and controller.

Diversified Properties said it sold 4.3 acres of undeveloped land at the Mars Park Corporate Center in Monvtille to the Morris County Park Commission, which will be used to expand parking at the Pyramid Mountain Natural Historic Area.
Mar 2, 2022

Diversified sale to increase access to Morris County’s Pyramid Mountain park

Diversified Properties sold 4.3 acres of undeveloped land in Monvtille to the Morris County Park Commission, which will be used to expand parking at the 1,675-acre park.

Greg Adami, chief financial officer and chief operations officer, Diversified Properties.
Nov 23, 2021

Diversified Properties adds chief to lead finance, ops

Described in his hiring announcement as "a self-motivated agent of change," Greg Adami is joining the commercial and residential real estate developer and owner's team as chief financial officer and chief operations officer.

480 Flatz at 480 Paterson Ave. in East Rutherford.
Sep 28, 2021

35-unit Bergen County apartment building sells for $11.6M

Gebroe-Hammer Associates orchestrated the transaction for 480 Flatz, a newly constructed, fully leased class-A property.