A model unit at 480 Flatz at 480 Paterson Ave. in East Rutherford — Courtesy: Diversified Properties
By Joshua Burd
A development team has welcomed its first residents to a new 35-unit luxury apartment building in East Rutherford.
Diversified Properties and its partner, North Jersey Builders Group, completed construction in February at the four-story property known as 480 Flatz. The collection of one-, two- and three-bedroom homes at 480 Paterson Ave. has since drawn strong interest from renters, thanks in part to its modern living spaces and a location near major highways and mass transit.
“With our first residents now settled in and calling 480 Flatz home, our vision for this complex, adaptive reuse project feels as though it has truly come full circle,” said Nicholas Minoia, founder and managing principal of Diversified Properties. “We could not be more pleased to officially become part of the East Rutherford community and look forward to welcoming the rest of our future residents in the coming weeks and months.”
In a news release, Diversified noted that the four-story building is minutes from routes 3, 17 and 21, a short ride from the Meadowlands Sports Complex and close to both the Rutherford and Wood-Ridge NJ Transit stations.
Thomas J. Brennan Architects designed the project, with engineering provided by MCB Engineering Associates and construction managed by Morris Construction Management, Diversified Properties’ affiliated construction management firm.
Diversified, North Jersey Builders complete 35-unit rental building in East Rutherford
