Diversified Properties Begins Phase II Construction at Jefferson Place in Lake Hopatcong

LAKE HOPATCONG, N.J. - Rezul -- Diversified Properties announced the start of Phase II construction at Jefferson Place, its newest luxury apartment community located in Jefferson Township, New Jersey. The next phase of development will introduce 75 new residences within a four-story building designed over private parking, further expanding the community's thoughtfully planned living environment.

Phase II will also bring a suite of new lifestyle-driven 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 state-of-the-art golf simulator, underground parking, and ample outdoor gathering spaces that complement the surrounding natural landscape.

The launch of Phase II follows strong leasing momentum for Phase I, which is already 50% leased. The early success underscores strong demand for high-quality rental housing in the Jefferson Township area and reflects Jefferson Place's appeal as a premier residential destination.

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"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 residents a refined living experience with modern finishes, convenient access to outdoor recreation including Lake Hopatcong and hundreds of acres of the Morris County Park System. With great proximity to commuting routes and mass transit, Jefferson Place is an ideal choice for those seeking both comfort and connectivity. Monthly rents start from $2,400 with new year incentives that include up to one month free on a 13-month lease.

The community is located at 9 Hellers Lane, Lake Hopatcong, NJ 07849. To learn more and schedule a visit to tour the amenities and fully furnished model residences, call 973-810-3950 or visit https://www.jeffersonplacenj.com.

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About Diversified Properties, LLC
Diversified Properties is one of the region's most experienced commercial/residential real estate developers and owners with a diverse portfolio of high-quality, value-add assets under management and in the pipeline throughout the northeast. Diversified Properties' veteran team of real estate professionals leverages its entrepreneurial approach and multi-disciplinary in-house capabilities to capitalize on opportunistic ground-up development and redevelopment projects in key growth markets. Driven by a passion for building, Diversified Properties capitalizes on its extensive hands-on experience to drive value and create spaces where businesses and residents can thrive.

Follow Diversified on Facebook at facebook.com/DiversifiedPropertiesLLC, LinkedIn at linkedin.com/company/diversifiedproperties.

For more on Diversified Properties, please visit diversifiedproperties.com.