Rustic Ridge Apartments

What Rustic Ridge Apartments does

Rustic Ridge Apartments is a 300-unit residential rental community located at 289 Mt Hope Avenue in Rockaway Township (Dover), New Jersey, built in 1978. The property offers unfurnished one-bedroom and two-bedroom apartments as well as one-, two-, and three-bedroom townhouses with two baths, all on yearly leases. Pricing starts at $1,995-$2,075 per month for one-bedroom units and $2,250-$2,340 per month for two-bedroom units, with a strict no-pets policy. The property features amenities including tennis courts, a swimming pool with landscaped sundeck, a playground, professional landscaping with mountain views, and 24-hour on-site maintenance handled by two superintendents.

The asset is operated under Bocina Properties, the parent management company that runs a portfolio of six New Jersey communities (Randolph, Hackettstown, Little Falls, West Caldwell, Montclair, and Rockaway). Leasing inquiries are directed through the corporate website at bocinaproperties.com, with primary contact via the Rustic Ridge website, a dedicated phone line (973-328-0167), and an AOL email address. Select units have been upgraded with renovated kitchens (granite countertops, Italian tile floors, new cabinets, modern appliances) and tiled baths with granite vanities.

The business model is straightforward subscription-recurring rental income from a horizontal tenant base spanning single executives commuting to Manhattan or working in corporate Morris County, married couples, and families with children. The property is positioned off Interstate 80 Exit 35A with access to NJ Transit express buses to Manhattan, leveraging its Morris County location as a primary differentiator. There is no technology platform, AI capability, or proprietary product; the offering is differentiated primarily through location, amenity set, and interior finish quality relative to comparable 1970s-era rental stock in the submarket.

Name

Rustic Ridge Apartments

Legal name

Rustic Ridge Apartments

Website

https://rusticridgeapartments.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Rustic Ridge Apartments is a 300-unit residential rental community in Rockaway Township, NJ, built in 1978 and managed by Bocina Properties. It offers one- and two-bedroom apartments and townhouses on yearly leases, serving singles, couples, and families commuting to Manhattan and corporate Morris County.

Ownership category

akta.pro rank

Headquarters

HQ city

Dover

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Monthly Apartment Rentals: The primary revenue stream is monthly rental payments from tenants in unfurnished apartments and townhomes. Leases are available on a yearly basis. Pricing varies by unit type (one-bedroom, two-bedroom, townhouses) and is quoted as starting prices per month.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Rustic Ridge Apartments is a residential rental community operating 300 unfurnished apartments and townhouses in Rockaway Township, New Jersey, on yearly leases. The inventory includes one-bedroom apartments, two-bedroom apartments, and one-to-three bedroom townhouses with 2 baths, with select units featuring newly renovated kitchens and baths. The community bundles housing with resort-style amenities (tennis courts, swimming pool, playground) and 24-hour on-site maintenance with two superintendents.

Product overview

Rustic Ridge Apartments is a residential rental property management company offering unfurnished apartments and townhomes in Rockaway, New Jersey. The portfolio includes one-bedroom apartments, two-bedroom apartments, and one-to-three bedroom townhouses with 2 baths. All units are available on a yearly basis and provide access to community amenities including a swimming pool, tennis courts, and a playground. The properties feature renovated kitchens and baths in select units, with finishes including granite countertops, Italian tile floors, and new cabinets. The company also operates properties in Randolph, Hackettstown, Little Falls, West Caldwell, and Montclair, New Jersey.

Differentiator

Problem solved

Functional benefit

Products and services

• One-Bedroom Apartments Spacious one-bedroom unfurnished apartments in Rockaway Township, NJ, rented on a yearly basis. Select units include newly renovated kitchens and baths, with access to community amenities including swimming pool, tennis courts, and playground. Pricing starts at $1,995-$2,075 per month. No pets allowed.
• Two-Bedroom Apartments Large two-bedroom unfurnished apartments in Rockaway Township, NJ, rented on a yearly basis. Select units include newly renovated kitchens and baths, with access to community amenities including swimming pool, tennis courts, and playground. Pricing starts at $2,250-$2,340 per month. No pets allowed.
• Townhouses One, two, and three bedroom townhouses with 2 baths available for yearly rental in Rockaway Township, NJ. Townhouses offer expanded living space with private patios and access to community amenities including swimming pool, tennis courts, and playground.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Bocina PropertiescoreStrategic or Co-development PartnerBocina Properties is the parent/management company for Rustic Ridge Apartments. The company refers prospective tenants to Bocina Properties' corporate website (www.bocinaproperties.com) for current availability and leasing information. This is a vertically integrated property management relationship where Bocina Properties manages multiple residential properties across New Jersey including Rustic Ridge.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Bozzuto Group: Multifamily property management and development firm operating apartment communities across the Mid-Atlantic and Northeast. Comparable business model focused on operating garden-style and mid-rise apartment communities in markets similar to Morris County, NJ.
• Bell Partners: Multifamily investment and management company with East Coast apartment portfolio. Comparable business model of acquiring, renovating, and operating suburban multifamily assets similar in vintage and positioning to Rustic Ridge.
• Garden Communities: New Jersey-based developer and operator of garden-style apartment communities. Highly comparable business model and product type (1970s-80s vintage garden apartments in NJ suburbs), directly competing for similar tenant profiles in the North Jersey market.
• Veris Residential: New Jersey-focused multifamily REIT operating Class A and Class B apartment communities across the state. Comparable business model and geography to Rustic Ridge, with similar exposure to North Jersey renter demand.

Broad incumbents

• Equity Residential: Large multifamily REIT with East Coast urban and suburban apartment communities. Comparable multifamily rental business model; operates at far greater scale than Rustic Ridge with national footprint.
• AvalonBay Communities: Large publicly-traded multifamily REIT with a meaningful New Jersey portfolio. Directly comparable to Rustic Ridge as a multifamily housing operator in the same NJ geography, but vastly larger and institutionally operated.
• Greystar Real Estate Partners: Largest multifamily property management and investment company in the US, with significant NJ operations. Directly comparable in operating model (third-party management of multifamily assets), though at vastly greater scale.

Regional players

• The KRE Group: New Jersey-based real estate developer and operator of residential and mixed-use properties. Comparable as a NJ-focused multifamily operator with similar regional market exposure to Morris County.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/rustic-ridge-apartments

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rustic Ridge Apartments