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Russo hosts ribbon-cutting for luxury development in Waldwick

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D&R Waldwick, a luxury development in Waldwick.
D&R Waldwick, a luxury development in Waldwick. - ()

A joint venture between developers Dinallo Construction Corp. and Russo Development recently held a ribbon-cutting ceremony at D&R Waldwick, a 110-unit luxury development in Waldwick proximal to the town’s NJ Transit train station.

The development was built at the site of former DeMartini Cola and Lumber Co., and a parcel acquired from NJ Transit at 41 West Prospect St.

Russo and Dinallo hosted Waldwick Mayor Giordano at the ceremony.

We are very happy to welcome this new development to Waldwick,” Giordano said. “We look forward to all our new residents being a part of our great community.  Waldwick has always been a community that is built on tradition, values and family …. may the new residents feel they too are part of our Waldwick family.”

Move-ins have begun for studio, one- and two-bedroom units, Russo said. Rents start in the mid-$1,800’s.

“Designed by notable architectural firm Marchetto, Higgins & Stieve P.C., Waldwick Station incorporates amenity-rich, high-quality construction and creates a unique aesthetic appeal of a downtown village train station,” said the joint venture partners in a news release. “The residences feature modern finishes including stainless steel appliances, in-suite washer-dryers and quartz countertops.  Access controlled covered parking is available on the ground level of the four-story structure, which boasts a state-of-the-art fitness center, fully-furnished entertainment clubroom and outdoor roof terrace.”

D&R Waldwick broke ground in the Fall 2016.

“We are excited to open one of the rare, new apartment communities in northern Bergen County.” said Ed Russo, CEO of Russo Development.  “Waldwick Station will be an attractive living option for nearby residents that might be downsizing, or younger adults who want to live in a great community.”

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Mario Marroquin

Mario Marroquin

Mario Marroquin covers real estate. A native of El Salvador, Mario is bilingual in English and Spanish. He graduated from Penn State University and worked in Pennsylvania before moving to New Jersey. His email is mariom@njbiz.com.

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