
Denholtz Properties Acquires 214-Unit, Luxury Community in Hudson County, N.J.
21 August 2023
Denholtz Properties announces the acquisition of Solo at North Bergen, a 214-unit luxury multifamily community located at 4828 Tonnelle Avenue in North Bergen, N.J.
Completed in 2023, Solo at North Bergen is one of Hudson County’s premier residential communities. Currently 98% leased, the community spans three three-story buildings with 138 units and one five-story elevatored building with 76 units. Residents enjoy a full resort-style amenities package, including a 5,000-square-foot clubhouse with billiards and gaming tables, a state-of-the-art fitness center, an outdoor swimming pool with grilling stations, an outdoor sauna, a community dog run, and a full-service package room.
Solo at North Bergen offers convenient access to New York City, Jersey City, Newark, and Hoboken via nearby Routes 1 & 9 and 3 as well as Interstates 78, 95, and 495. The community is steps away from the Tonnelle Avenue Light Rail Station and an NJ Transit bus stop with direct access to New York City. The nearby Port Imperial/Weehawken ferry terminal also provides easy connections to several locations within Manhattan.
“North Bergen’s growing population and unparalleled access to many of the region’s largest employment and entertainment hubs make it a highly desirable location,” said Stephen Cassidy, President of Denholtz Properties. “This acquisition reflects our commitment to expanding our multifamily portfolio through a strategic approach to growth. We look forward to deploying our time-tested residential management platform at the property to create one of northern New Jersey’s premier residential communities.”
Solo at North Bergen joins Denholtz Properties' growing list of recently completed or under-construction residential communities, including The Rail at Red Bank, a 57-unit mixed-use community adjacent to the Red Bank Train Station, and The Rail at Bound Brook, an under-construction 143-unit Class-A multifamily community located across from the Bound Brook train station, which broke ground in May 2023.
In addition to expanding its residential portfolio in New Jersey, Denholtz Properties has bolstered its multifamily portfolio over the past several years with strategic acquisitions, including Overall Creek, a 384-unit Class-A multifamily community in Murfreesboro, Tenn., and Vida Apartments, a 289-unit luxury multifamily community in Kannapolis, N.C.