Rock Pointe at 1 Rock Pointe Place in Rockaway — Courtesy: Kushner Real Estate Group/Russo Development
By Joshua Burd
Kushner Real Estate Group and Russo Development have unveiled the final piece of a new 345-unit luxury apartment complex in Rockaway Township, the firms announced.
Known as Rock Pointe, the high-end property sits just off Interstate 80 and provides residents with a central 10,000 square-foot clubhouse. The developers have launched leasing at the last phase, which contains 78 homes, with initial occupancy slated for May.
Monthly rental rates start from $2,250 for one-bedroom units and $2,740 for two-bedroom apartments, with a current incentive of one month free on select two-bedrooms.
“We are thrilled to be able to offer one more group of renters the opportunity to join the community here at Rock Pointe,” said Jonathan Kushner, president of KRE Group. “In a Morris County market where new-construction rentals are in high demand, Rock Pointe continues to offer renters an attractive combination of location, luxury and value. It’s a distinction that we are proud of and something we look forward to sharing with even more residents in the near future.”
The milestone follows the joint venture’s fall 2020 groundbreaking for the project, designed by Minno & Wasko Architects and Planners, in a ridgetop setting just off Green Pond Road. The developers launched leasing just over a year later, offering a mix of indoor and outdoor amenities such as a high-end fitness center and yoga room, a resident lounge, a conference room and screening and gaming room, among others.
Outdoor spaces include a pool, a landscaped terrace and a central grilling area for larger events, with smaller stations for more intimate gatherings, according to a news release. Meantime, 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, which also offers a dog park and a dog wash station, is a new addition to KRE Group’s Garden Collection of luxury apartments. Rock Pointe benefits from a location with a long list of recreation and open space options, with access to several major highways and to NJ Transit’s Denville station.