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“The SilverLake was a great project for us from start to finish,” said Bryan Murray, director of business development
REALESTATENJTM 7 with March Associates. “We really
enjoyed being part of the team with Klein Enterprises and Black Oak Associates. Their shared vision
and attention to detail made for a great build and the end result gives Belleville a development that will truly enhance the quality of life for the entire community.” RE
 A developer has opened the doors
to a new 232-unit luxury apartment complex in Belleville, marking the completion of its first project in New Jersey.
The Baltimore-based firm, Klein Enterprises, joined local officials and other stakeholders in mid-March to unveil the five-story property at 165 Belmont Ave. It did so having already leased nearly 90 percent of what’s known as SilverLake Apartments, thanks in part to its upscale amenities and a location adjacent to Newark Light Rail service.
“We’re thrilled to officially open at SilverLake and
are grateful
to our partner
Black Oak
Associates and
our general
Construction for
their collaboration on this project, which as of today is 87 percent
leased,” Daniel Klein, president
of Klein Enterprises, said at the time. “We’d also like to thank the elected officials of Belleville for their support and warm welcome into their beautiful community. As our first development in New Jersey, SilverLake represents the next phase of our growth strategy as we look
to expand further into the state and throughout the East Coast.”
The milestone comes a year after Klein, whose existing portfolio includes some 2,500 multifamily units and more than 2.5 million square feet of commercial properties, detailed its entrance to New Jersey as part of a well-capitalized expansion. Its plans in Belleville also called for 20,000 square feet of retail and restaurant space, offering a location near Newark’s Branch Brook Park and Clara Maass Medical Center.
The property, which is less than 15 miles from Manhattan, also sits within one of New Jersey’s most densely populated regions.
Bryan Murray
     Daniel Klein
A development team with Klein Enterprises and Black Oak Associates recently joined local officials and other stakeholders, including March Associates Construction, to mark the opening of a new 232-unit luxury apartment complex in Belleville known as SilverLake Apartments.
        Photo courtesy of Briana Samman/March Associates

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