New 285-unit apartment development by KRE (Kushner Real Estate group) to feature central clubhouse on 47 acres in Marlboro.
By Pat McDaniel
MARLBORO, NJ — The new Beacon Hill apartment community will bring “a modern rental experience to Marlboro Township,” developers say.
And now it’s ready to accept tenants, developer KRE Group has announced.
The community on Lloyd Road, near downtown Matawan, offers 285 new, luxury rental residences to the area, as well as a central clubhouse.
The residences are housed in 14 separate, three-story garden apartment buildings, situated on a 47-acre property, developers say.
“Residents will enjoy spacious, new construction residences and an array of amenities and services designed to appeal to today’s sophisticated renter,” KRE says.
Site work began in spring 2022 and construction of the first residential building began in April 2023. Residential buildings will continue to be constructed, with an expected completion date of January 2025 for the entire project, a spokesperson for the developers explained.
But tenants can move in right away. The brand-new apartments are open for immediate occupancy.
The clubhouse is still under construction, but is expected to be completed in March, the spokesperson said.
Here’s what to expect if renting in the new Beacon Hill development:
There are a variety of two-bedroom layouts for lease, with dens available in select units.
Monthly rental rates start from the $2,900s.
Special grand opening incentives are available for lease terms between 13 and 26 months.
Immediate occupancy is available.
For more information, or to schedule a tour, visit www.beaconhillnj.com or call 201-733-8100.
“Beacon Hill is named for its location near Beacon Hill Road in Marlboro, one of three historical sites in Monmouth County where beacons were placed during the Revolutionary War to warn of British incursions from the bay,” said Marc Kushner, chief design officer of KRE Group. “We drew inspiration from the area’s rich history while designing the community.”
The developers described the design of the residences, including:
Ornate details found throughout each home.
Open-concept kitchens with quartz countertops, stainless steel appliances, a breakfast bar, microwave, and dishwasher, among other essentials.
Central A/C, faux-hardwood laminate flooring, and pre-wired and cable-ready connections.
Then there is the clubhouse.
A 4,000 square-foot clubhouse will offer a variety of social and recreational spaces for residents to enjoy, including a state-of-the-art fitness center, a clubroom with billiards and a fireplace, a business center and a kitchen/dining area that can be used for entertaining.
Outside, open-air amenities will include a pool, sundeck, fire pits, grills, bocce courts, a playground and a dog park.
Developers noted the convenience of the location to NJ TRANSIT’s Aberdeen-Matawan train station, as well as the Garden State Parkway and Routes 34, 35, and 79. Supermarkets, restaurants, nature preserves and parks, such as Marlboro’s Big Brook Park, are minutes away. Manhattan is a 37-mile drive away, or about an hour by train.
Beacon Hill is the newest addition to KRE’s “Garden Collection” of more than a dozen rental communities across the tri-state area, the company said. KRE has a multifamily portfolio that includes luxury rental communities in urban and suburban settings, as well as 6,000,000 square feet of office, warehouse and retail space, the company says.
Founded in 1979 and headquartered in Jersey City, KRE Group is a full-service real estate investment and management company with properties in New York, New Jersey, and Pennsylvania.