April 12, 2023
KRE Group Launches Luxury Rental Community in East Hanover
Morristown Minute | Chris Connors | EAST HANOVER, NJ – Kushner Real Estate Group (KRE), a leading privately held real estate firm in New Jersey, has officially broken ground on Valley View Park, a 239-unit luxury rental community in East Hanover. The project, situated just off Deforest Avenue, will feature five four-story buildings offering a mix of one-, two-, and three-bedroom residences.
A total of 34 rental units will be reserved for low- and moderate-income residents, ensuring a diverse community. The development will also include a central clubhouse boasting a community great room, party room with fireplace, fitness center, yoga room, and a children’s playroom.
Outdoor amenities at Valley View Park are designed to create a harmonious atmosphere, with open spaces, landscaping, and a range of recreational options. Residents will have access to a swimming pool, covered loggia with outdoor fireplace, three-season relaxation area, BBQ grills, outdoor dining areas, an outdoor bar, outdoor televisions, firepits, a gaming lawn, community garden, dog park, children’s play area, and a community walking trail with an overlook.
Jonathan Kushner, President of KRE Group, expressed enthusiasm for the project, stating, “We’re excited to enter the East Hanover market and look forward to delivering a high-quality residential development to this well-located and desirable suburban community.”
He added that such developments play a crucial role in attracting and retaining residents by offering modern housing and lifestyle options at attractive price points.
Valley View Park will join KRE Group’s “Garden Collection,” which encompasses more than a dozen rental communities across the tri-state area. KRE is recognized for its extensive real estate development and management portfolio in New Jersey, including luxury rental communities in both urban and suburban settings, as well as 6 million square feet of office, warehouse, and retail space.
Notable KRE Group projects include Journal Squared, which brings 1,838 luxury rental residences and 36,000 square feet of retail and restaurant space to Jersey City’s historic Journal Squared neighborhood, Rock Pointe, featuring modern residences and resort-style amenities in Rockaway Township, and Lehigh Hills, a new luxury rental community in Pennsylvania’s Lehigh Valley.
For more information about KRE Group, visit www.thekregroup.com.
About Kushner Real Estate Group
Founded in 1979 and headquartered in Jersey City, NJ, KRE Group is a full-service real estate investment and management company with properties in New York, New Jersey, and Pennsylvania. The KRE multi-family portfolio exceeds 9,000 existing apartments, with an additional 7,000 in various stages of approval and construction. The company also owns and manages more than 6,000,000 square feet of office, warehouse, and retail space. For more information, visit the company’s website at www.thekregroup.com.
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