What Presidential Court does

Presidential Court is a single residential apartment community located at 918 E Clements Bridge Rd in Runnemede, New Jersey, operated under the privately held parent CJ Lombardo Co. The property offers one and two-bedroom apartment units marketed as "award-winning" with modern upgraded finishes including custom cabinetry, energy-efficient appliances, and included utilities (heat, hot water, and cooking gas). The community targets individual renters and small families in the South Jersey / greater Philadelphia metro, with positioning around proximity to three major roadways (NJ Turnpike, North-South Freeway, Highway 30) and major employers including Jefferson Stratford Hospital, Cooper University Health Care, and Rowan University. Pet-friendly housing is offered on a restricted basis (cats only, maximum two per unit).

The go-to-market is direct-to-consumer residential leasing. Marketing channels consist primarily of an organic SEO property website built and hosted on the G5 Search Marketing platform (presidentialcourt.com), supplemented by inbound phone inquiries (856-219-0047), an email contact form, and in-person property tours. Lead funnel runs from floor plan browsing online through application submission and tour scheduling. The revenue model is monthly recurring rent plus ancillary fees: $50 non-refundable application fee per adult applicant, $200 refundable deposit, and pet fees ($350 one-time plus $25/month per cat). Specific rent amounts are not publicly disclosed, consistent with industry norm.

Technology infrastructure is limited to standard third-party residential property management tooling: RentPayment.com for online rent collection, a website-based leasing application, and an online maintenance request system. There are no proprietary technology assets, mobile applications, APIs, or AI/ML features. The company is privately held with no public listing, no venture capital or private equity sponsorship signals, no M&A activity, and no disclosed funding history. The operating footprint is a single property in one market with no expansion signals evident in the data.

Name

Presidential Court

Legal name

CJ Lombardo Co

Website

https://presidentialcourt.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Presidential Court is a single residential apartment community in Runnemede, New Jersey, offering one and two-bedroom rentals operated by private property manager CJ Lombardo Co and marketed to individual renters and small families in the South Jersey / Philadelphia metro area.

Ownership category

akta.pro rank

Headquarters

HQ city

Runnemede

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Apartment Rental Income: Monthly rental income from one and two-bedroom apartment units. Rent includes heat, hot water, and cooking gas. Additional revenue generated from pet fees (cats only: $350 one-time fee plus $25 monthly per cat), application fees ($50 per adult applicant), and security deposits.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Presidential Court is an apartment community that leases one and two-bedroom residential units at a single property in Runnemede, NJ. Rentals include utilities (heat, hot water, cooking gas), modern upgraded finishes, fully equipped kitchens with energy-efficient appliances, on-site management, and community amenities such as a playground and on-site laundry.

Product overview

Presidential Court is an award-winning apartment community offering one and two bedroom apartment rentals in Runnemede, NJ. The portfolio consists of two core residential products (one-bedroom and two-bedroom apartments) with included features such as heat, hot water, and cooking gas in monthly rent. The apartments feature fully equipped kitchens with energy-efficient appliances, custom cabinetry, spacious open layouts, and modern finishes. Additional services include pet-friendly housing (cats only, up to 2), online rental payments via rentpayment.com, an online maintenance request system, and community amenities such as a playground and onsite laundry. The community is managed by CJ Lombardo Co and is positioned as an affordable, conveniently located residential option near major roadways including the New Jersey Turnpike.

Differentiator

Problem solved

Functional benefit

Products and services

• One Bedroom Apartments Spacious one-bedroom apartment rentals with open layouts, modern upgraded finishes, custom cabinetry, and fully equipped kitchens featuring energy-efficient appliances (refrigerator, gas range, garbage disposal, dishwasher). Rent includes heat, hot water, and cooking gas. Targeted at individual renters and small households in the South Jersey/Philadelphia metro area.
• Two Bedroom Apartments Spacious two-bedroom apartment rentals with open layouts, modern upgraded finishes, custom cabinetry, and fully equipped kitchens featuring energy-efficient appliances (refrigerator, gas range, garbage disposal, dishwasher). Rent includes heat, hot water, and cooking gas. Targeted at small families and roommates seeking larger units in the South Jersey/Philadelphia metro area.
• Pet-Friendly Cat Housing Pet-friendly rental option permitting up to two cats per apartment, with a $350 one-time pet fee and $25 monthly rent per cat. Targeted at cat-owning renters who would otherwise be excluded from non-pet-friendly apartment communities.

Quantifiable outcome

• Heat, hot water, and cooking gas included in monthly rent
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Equity Residential: Public apartment REIT focused on urban and high-density suburban rentals in major U.S. coastal markets, including the Northeast corridor serving Philadelphia commuters. Directly comparable renter demographic and lease economics.
• Greystar Real Estate Partners: Largest U.S. multifamily property management and investment company, operating hundreds of thousands of apartment units nationwide. Directly comparable in residential rental operations, though at vastly greater scale and geographic diversification.
• Camden Property Trust: Public multifamily REIT operating Class A apartment communities across U.S. Sun Belt and select Northeast markets. Comparable in recurring rental revenue model and unit amenity positioning, though at materially larger scale.
• AvalonBay Communities: Public multifamily REIT owning and operating Class A apartment communities primarily on the East Coast, including the New Jersey/Philadelphia metro. Comparable in target renter demographic and unit product type, with a focus on premium urban and suburban locations.

Regional players

• Veris Residential: Multifamily REIT primarily focused on New Jersey apartment communities in the New York metro spillover. Comparable in New Jersey-specific residential rental market dynamics, though serving a different (more urban/northern) submarket.

Direct peers

• RPM Living: Private third-party multifamily property manager operating thousands of apartment units nationwide, including Northeast markets. Comparable in property management service delivery, leasing technology, and suburban apartment operations.
• Bozzuto Group: Private residential property management and development firm operating apartment communities across the Mid-Atlantic and Northeast, including New Jersey. Closely comparable in operating model, amenity positioning, and target renter profile for suburban apartment communities.
• Morgan Properties: Large private multifamily owner/operator with a significant New Jersey and Mid-Atlantic apartment portfolio. Directly comparable in residential rental product offering and regional market overlap in South Jersey/Philadelphia suburbs.
• Bell Partners: Private multifamily investment and management firm operating Class A and B apartment communities across the East Coast. Comparable in suburban apartment positioning, included-amenities model, and New Jersey/Philadelphia market exposure.

Others

• G5 Search Marketing: Vertical SaaS vendor providing property websites, SEO, and digital marketing specifically to multifamily property managers. Already engaged by Presidential Court; included as an ecosystem participant given the vendor relationship.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/presidential-court

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 Presidential Court