Donnelly Construction has selected Value Asset Management (VAM), the third-party management division of Value Companies, Inc., as the exclusive property manager for its newest multifamily project, Station Village at Denville.
Leasing for the new community, which is located at 495 East Main Street in Denville, has officially begun. The three-story, 65,715-square-foot building is strategically located within walking distance of the Mount Tabor NJ Transit Station, offering a transit-friendly living option for future residents.
Station Village at Denville will feature a mix of one-, two-, and three-bedroom units, with an anticipated occupancy date set for winter 2025.
Rod Donnelly, CEO of Donnelly Construction, noted that VAM’s reputation for resident satisfaction was a key factor in the partnership. “At Donnelly Construction, we build with an uncompromising commitment to craftsmanship, and long-term value,” said Donnelly. “As we jump into the multifamily market with Station Village at Denville, we’re excited to bring Value Asset Management on board. Their deep experience in managing multifamily communities and their sharp focus on resident satisfaction make them the ideal partner.”
As the property manager, VAM will oversee all aspects of the community, including marketing, leasing, financial management, maintenance operations, and value creation.
“Donnelly Construction is known for building communities with exceptional attention to detail and a deep commitment to its clients, values that align perfectly with our approach to property management,” Matthew Mirman, executive vice president of Value Companies said.
The pet-friendly community will feature modern amenities designed for commuter convenience and lifestyle, including a fitness center, business lounge, barbeque patio, EV charging stations, and a controlled access package room.
