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Flexible, Maintenance-Free Living Drives Multifamily Market

| February 12, 2014 | 0 Comments

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Alfred Sanzari Enterprises

Hackensack, NJ 07601

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Release Date: Wednesday, February 12, 2014

Media Contact: Christine Ziomek (201) 796-7788


Occupancy Levels at Record High throughout Alfred Sanzari Enterprises’ Residential Portfolio

HACKENSACK, N.J., Feb. 12, 2014 – Within the next decade, 5 to 6 million new renter households will be created, according to data from the National Association of Realtors. Renting today has become a matter of choice, not necessity, as a growing number of consumers seek the flexible lifestyle benefits that apartment living provides.

As one of New Jersey’s most active real estate development firms, Alfred Sanzari Enterprises of Hackensack, N.J. continues to experience record high occupancy levels throughout its entire residential portfolio. The firm owns and manages approximately 540 luxury and garden-style units throughout Bergen County.

While young adults traditionally have fueled the demand for rental housing, apartment dwellers today include professional couples and families as well as empty-nesters, according to Victoria Tinen, Alfred Sanzari Enterprises’ residential property manager. “Many of our tenants choose to rent because they love the ‘no-strings-attached’ lifestyle and the freedom it entails. They find apartment living easier than having to deal with day-to-day home management,” she said.

Freedom from home maintenance tasks is among the biggest draws to apartment living. “Someone can live in a beautifully landscaped community without having to give up any of their free time to take care of it,” said Tinen. “Instead of worrying about landscaping, snow removal or basic upkeep, tenants can use the extra time to do the things they love. Our on-site management services are designed to make apartment living as easy as possible.”

Today’s multi-family homes offer prestigious locations, luxurious interiors and on-site amenities that are easier and more affordable to obtain than a single-family home. For example, Alfred Sanzari Enterprises’The Ivanhoe in Hackensack continues to be one of the most luxurious apartment options in Bergen County.

Located at 130 Overlook Ave., The Ivanhoe was among the first luxury apartment complexes built in Hackensack’s “Hill” section in the 1970s. The Ivanhoe offers spacious studio, junior one-bedroom, one- and two-bedroom apartments ranging from 450 to 1,230 square feet and appointed with every modern luxury. Office space also is available.

Residents enjoy views of the Ramapo Mountains and New York City skyline, decorator-designed kitchens and bathrooms, granite countertops, individually controlled HVAC, large closets, and balconies and laundry facilities on every floor. Amenities at The Ivanhoe include secure card access to the building and underground parking lot, a fitness center featuring state-of-the-art equipment, an Olympic-sized outdoor pool, a sauna and 24-hour concierge service. Perfect for commuters, The Ivanhoe is one block away from public transportation, and in proximity to New York City and Hackensack University Medical Center.

Other residential communities from Alfred Sanzari Enterprises include Nottingham Manor in Montvale, N.J.; Madison Arms, Queen Anne apartments and Prospect/Passaic St. in Hackensack, N.J.; Willow Gardens in Teaneck, N.J.; and Riverside Terrace in Bogota, N.J.

Leasing opportunities are available throughout Alfred Sanzari Enterprises’ residential portfolio. Prospective tenants can visit http://www.sanzari.com/ to view property photos and download rental applications. For more information, contact Leasing Agent Maritza Busch at (201) 741-2333 or via e-mail at maritzabusch@sanzari.com. There is no broker fee.

Founded in 1945 by Alfred N. Sanzari, Alfred Sanzari Enterprises is a second-generation family owned and operated business, and one of New Jersey’s foremost real estate developers, owners and managers. The firm is known for the quality design and construction of its buildings, superior hands-on property management and the integrity of its tenant relationships. Many of Alfred Sanzari Enterprises’ strategically located office, industrial, residential, retail and hospitality properties are iconic landmarks in their respective markets with a broad range of world-class corporate tenants. The company is headquartered in Hackensack, N.J.

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