Park & Arbor Reaches 85% Leased, Redefining the Rental Market in Old Tappan
Park & Arbor, the new luxury rental community located at 18 Park Avenue in Old Tappan, proudly announces that it is now 85% leased. Developed and owned by Hornrock Properties, the community’s leasing success highlights a significant shift in the local housing landscape. With 130 upscale residences offering a mix of one-, two-, and three-bedroom layouts, Park & Arbor is creating a brand-new rental market that focuses on luxury and lifestyle enhancement in a town traditionally dominated by single-family homes.
The thoughtfully designed residences cater to a discerning renter and feature light filled and expansive layouts, oversized windows, and chef-inspired kitchens complete with stainless steel appliances, full height quartz backsplashes, and contemporary finishes. Emulating upscale homes in the area, residences also include plank flooring throughout, built in closets, designer bathrooms with herringbone tile and lighted mirrors, and, in select units, private outdoor spaces. Unit sizes range from approximately 750 to 1,500 square feet, with options well suited for professionals, roommates, and families alike.
Professionally managed by RHO Residential, Park & Arbor also offers a robust amenity package curated with the aim of enhancing the rental experience and rivals any luxury property in the region. Residents enjoy a double-height lobby with fireplace, boutique café with coffee bar, and a range of communal spaces including a speakeasy lounge, private work spaces/conference rooms, and a fitness center equipped with a yoga studio, Echelon bikes, and a CrossFit rig. The property also boasts resort-style outdoor amenities, such as a large pool with cabana seating, grilling stations, multiple fire pits, a putting green, and a bocce ball court. Additional conveniences include a children’s playroom, a pet spa/dog walk, cold storage, package locker system, covered parking with EV chargers, and more.
The residents at Park & Arbor will soon benefit from the convenience of a vibrant onsite retail plaza that features a curated mix of local and nationally recognized businesses that will serve both residents and the broader Old Tappan community. Confirmed retailers include Work’d Up, a flexible co-working space; Top One, a high-end nail salon; Turning Point, a popular breakfast and lunch eatery; Corefire, a high-energy Pilates studio; Ilshik, an upscale Japanese restaurant; and Dunkin’, the iconic coffee and donut brand. Park and Arbor’s retail plaza is a welcome enhancement to an area already rich with attractive features, like excellent schools, ample community parks, outdoor spaces, scenic landscapes and convenient proximity to major commercial areas in Manhattan and northern NJ.
David Hornblass, principal at Hornrock Properties, shared his excitement about the milestone: “Surpassing 85% leased in just over a year demonstrates how strongly our community resonates with both local residents and those relocating to the area. Park & Arbor elevates suburban rental living with high-end finishes, hotel-inspired amenities, and a neighborhood-centric design that builds true community.”
Brenda Cioce, President of RHO Residential, echoed the sentiment, stating, “The strong lease-up at Park & Arbor highlights a clear trend in the market—renters are seeking modern, amenity-rich communities in suburban settings. We’re proud of the overwhelmingly positive response and believe Park & Arbor is just the beginning of Old Tappan’s evolution into a desirable destination for luxury apartment living.”
With limited residences remaining, the team at Park & Arbor encourages prospective residents to “schedule a tour and experience firsthand the lifestyle and convenience that has made the community such a leasing success.”
To learn more or schedule a tour, contact the Park & Arbor leasing office at (201) 897-5200 or visit www.parkandarbor.com.
