The Highland at 416 Highland Ave. in Orange — Courtesy: PEEK Properties
By Joshua Burd
PEEK Properties has unveiled special incentives for educators, nursing professionals and first responders who lease a home at the firm’s new 138-unit apartment building in Orange.
According to the developer, the incentives at The Highland at 416 Highland Ave. include two months of free rent with an 18-month lease or a 12-month lease with the security deposit insurance paid by PEEK for up to two years. Applicants to the Good Neighbor Program must provide proof of certification and employment at a state-accredited school, health care facility or first responder employer, the firm said, noting that those who work in Orange are given priority.
“At PEEK, we understand the vital role these professionals play in our communities and the challenges they face when it comes to finding high-quality housing that is affordable and offers proximity to their places of work,” said Darla Rodriguez, the firm’s director of property management. “As good neighbors, we believe that through these incentives we can help our teachers, nurses, police officers, fire fighters and EMTs live comfortably and safely in the community or near the communities in which they dedicate themselves to helping others, from the very young to the elderly.”
PEEK, which is also providing one-year Netflix or Hulu subscriptions for featured units, launched leasing at The Highland last fall. The building is the latest addition to its growing portfolio in Orange and to the city’s luxury housing stock, providing renters with a five-minute walk to NJ Transit’s Highland station and quick access to Interstate 280.
The five-story structure has a mix of studio, one-bedroom and two-bedroom units with upscale design, finishes and appliances. Amenities, meantime include a fitness center, a resident lounge, tenant storage and an outdoor courtyard deck with chaises, gas grills, fire pits and a dog park, while surface-lot and covered garage parking with EV chargers are available on site.
PEEK noted that The Highland’s tree-lined residential neighborhood is also Orange’s most-expensive district, where demand for real estate is above average, according to NeighborhoodScout.com. The new development joins a mix of older, well-established housing stock built between 1940 and 1969.