Tom and Judy Consiglio were prepping for a new phase of life where they could enjoy time with family and friends in upper Bergen County, NJ. Now empty nesters, the couple was living in a large center hall Colonial home in Ramsey when they decided to look for a nearby residence where they could downsize, but still have plenty of space for their three children to come and occasionally stay overnight.
They started with single-family homes in Waldwick, Ramsey, Upper Saddle River and Mahwah. None had the type of amenities they were accustomed to and the cost to purchase, renovate and add the features they required would leave little value. Tom and Judy decided the best option was to build a brand-new home in Ramsey customized to fulfill their lifestyle needs.
Once the decision was made, the Consiglio’s mapped out a plan to sell their existing residence. Tom, a commercial real estate professional, was well versed in housing trends and knew there was a great opportunity to benefit from a heated post pandemic for sale market.
“We decided to take advantage of the housing market and sell now especially with the belief that interest rates were going to increase,” he said.
Tapping into the rush to buy suburban single-family homes created a dilemma for the couple. Once the residence sold, where would they live while construction of their new home was ongoing? They elected to rent a local apartment.
“We were looking for a minimum of two bedrooms and in proximity to where we are building our new home,” Judy said. “Since we were giving up many of the amenities that we had in our previous home, as well as a tremendous amount of space, we needed a building with a gym and outdoor areas and a location that was within walking distance to downtown, easy access to hiking, biking and a convenient commute to work. We also have a 13-year old dog so the apartment had to be pet-friendly.”
After searching throughout northwest Bergen County, the Consiglio’s found exactly what they were looking for just 3.5 miles from Ramsey at The Franklin, a boutique collection of just 44 upscale apartments and full suite of amenities in Franklin Lakes, NJ.
“The Franklin was a perfect choice for us,” Judy added. “We loved the fact that the building is brand new and on the cutting edge of desirable amenities. the home we chose is at ground level and walks out onto a beautiful private patio. It allows our dog easy access in and out. Our bedroom window also looks out onto the beautiful outdoor sitting area complete with fire pits and a grilling and eating area. At The Franklin, we enjoy a great location, beautifully appointed apartment and amenities as we begin our next phase of life.”
Developed by Adoni Property Group, The Franklin is redefining high-end rental living in Bergen County. The distinctive, four-story building blends an elegant mix of floorplans ranging from one-bedroom to two-bedroom duplexes with a wealth of indoor and outdoor amenities and a picturesque, suburban location surrounded by natural beauty, shops and dining and great access to New York City.
Sophisticated floorplans at The Franklin are lined with designer appointments and features to create elegant living spaces. Homes boast nine-foot ceilings, luxury plank flooring, chef-inspired kitchens with a quartz waterfall island, full height subway tiled backsplash, full sized GE stainless steel appliances, five-burner gas range with a griddle and an oven hood, and two-tone soft close cabinetry. Lavish bathrooms feature custom vanities, glass tub/shower doors, chrome Moen faucets, quartz countertops and mosaic tiled backsplash. Select homes also provide Juliet balconies or terraces.
Monthly rents for the homes start at $4,264 (net effective) and are available with immediate occupancy. The residences are offered with limited time Grand Opening incentives that include up to two months of free rent. The Franklin has debuted with an on-site leasing center and furnished model homes.
Among the full suite of resort-inspired amenities that promote a well-rounded lifestyle at The Franklin are an outdoor patio with fire pits and gas barbeques, pergola with an outdoor area and a dog run. Inside, residents will enjoy a furnished lobby, state-of-the-art fitness center, resident lounge/event space with billiards table, movie theatre, golf and multi-sport simulator, children’s playroom, conference room, private office and workspaces and dog wash. There is also a secured indoor parking garage with electric car charging capabilities.
Consistently regarded as one of the best places to live in northern New Jersey, Franklin Lakes is a true suburban community with a bucolic countryside setting that’s still near many everyday conveniences, shopping, and transportation. Situated just 25 miles outside Manhattan, the borough offers NJ Transit bus service to New York City’s Port Authority in under an hour. Minutes away is rail service into Manhattan at nearby NJ Transit stations. Interstate 287 also passes through the borough, providing quick access to the close by business and entertainment centers of Bergen and Morris Counties and upstate New York.
The Marketing Directors is the exclusive marketing and leasing agent for The Franklin.
For additional information and to schedule a private tour of the building’s model homes and amenities, please visit www.thefranklinnj.com, or call 973-782-2220. The building’s leasing and model office is located at 8 Tice Road, Franklin Lakes, NJ, 07417.