Property
The Monarch
Location
East Rutherford, NJ
Size
316 Units
Value
$72M
Type
JV Equity Raise

The Monarch

BlueGate Partners, LLC was retained on an exclusive basis by BNE Associates to arrange JV Equity for the development of The Monarch, a to-be-developed multifamily property, located adjacent to Route 3 in East Rutherford, NJ, providing excellent access to Manhattan via the Lincoln tunnel. The property was completed in 2013 and contains 316 luxury units featuring hardwood flooring, stone countertops, walk-in closets, nine-foot ceilings and private patios and balconies. The Monarch offers a variety of community amenities including a fitness center with yoga studio, outdoor swimming pool, multiple outdoor landscaped courtyards and an onsite sundries store. Located directly across Route 3 from the Monarch is Metlife Stadium, the Izod Center and the Meadowlands Racetrack, providing residents with a variety of entertainment options in addition to the New York City.