Diversified Properties, LLC is a full-service real estate company headed by founder and principal, Nicholas Minoia. With core strengths in residential and commercial development and construction, the company is involved in acquisitions, architectural and engineering design, land use entitlements, leasing, sales, management, and strategic repositioning of distressed properties. Its affiliate, DP Property Management, LLC provides property management.

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Facts 2020: Diversified Properties, LLC
Diversified Properties, LLC
350 Main Road
Montville, NJ 07045
(908) 273-2400
www.diversifiedproperties.com

Diversified Properties, LLC is a full-service real estate company founded in 2000 and headed by founder and principal, Nicholas Minoia. With core strengths in residential and commercial development and construction, the company is involved in acquisitions, architectural and engineering design, construction entitlements, leasing, sales, management, and strategic repositioning of distressed properties. Its affiliate, DP Property Management, LLC, provides property management and leasing services to Diversified Properties’ apartment communities.

Specialties

  • Construction and permanent development financing
  • Master planned, mixed-use developments
  • Land use approvals
  • Design and development
  • In-house project management and construction services
  • In-house property management services (DP Property Management, LLC)

Leadership

Nicholas Minoia, founder and principal
Nicholas (Nick) Minoia has over 30 years of diverse experience in real estate development throughout the northeast, including the acquisition, planning, design, and construction of over 10,000 residential units with strategic partners; and brokerage, construction, construction management, finance, real estate law, and property management. Prior to founding Diversified Properties, LLC, he was a founding partner and managing partner of Diversified Realty Advisors, LLC for 10 years.

Nick began his career as a project manager for various Manhattan-based real estate developers, and later became president of real estate subsidiaries for a New Jersey-based savings and loan company, responsible for loan workouts and liquidation of joint ventures and REO. In 1992, he co-founded Pinnacle Communities and later served as president of Westminster Communities.

Nick has served on the board of directors of ConnectOne Bank since 2014 and had been a member of Union Center National Bank’s board from 2008 to 2014.

Portfolio

Diversified Properties’ current portfolio comprises over 3,500 residential units and 350,000 square feet of commercial space in New Jersey, New York, Pennsylvania, and Connecticut.

Recent new projects:

  • 480 Flatz – 480 Paterson Avenue, East Rutherford, NJ.

A 35-unit, four-story luxury apartment building in a transit-served location, 480 Flatz will encompass a mix of one-, two- and three-bedroom apartments, including five units designated as affordable housing.

Coming soon

  • Cube Smart Self Storage – 350 Main Road, Montville, NJ

A 98,000-square-foot, fully climate-controlled, state-of-the-art facility.

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