90-Unit/Six Story Multifamily Building Transforms Long-Vacant Site in Morris County
DOVER, N.J. [July 29, 2026] – A joint venture between Crossroads Companies and CrownPoint Group Inc. has now completed 80East, a brand-new luxury apartment community in the heart of downtown Dover, NJ. The six-story development represents the long-awaited transformation of a vacant property at the corner of East McFarlan and Passaic streets to expand housing options in this growing Morris County hub.
Featuring a mix of studio, one-bedroom and two-bedroom apartment homes, the community is designed to complement the character of the surrounding neighborhood while addressing continued demand for high-quality rental housing in the region. Nine apartments have been designated for income-qualified residents and families.
“From the start, we recognized 80East as a premier opportunity to meet the region’s intense demand for high-quality housing just steps from the town’s business district,” said Anthony Vulpi, Crossroads Companies’ development partner. “Leasing velocity has been exceptional, and we are thrilled to welcome residents to a community that not only elevates local living options but injects fresh energy into downtown Dover’s ongoing resurgence.”
Residents at 80East have access to approximately 10,000 square feet of indoor and outdoor amenities, including a rooftop deck, landscaped courtyard, dog run, resident lounge, fitness center, private office space and covered parking across the building’s first two floors.
“Our collective goal, in collaboration with local officials and community leaders, was to develop 80East into a place that honors the fabric of Dover’s suburban community while introducing smart, modern living spaces,” said Michael Legacki, CrownPoint Group’s vice president. “This project exemplifies how intentional, modern development can fuel the long-term vitality of a neighborhood while serving as a first-class residential anchor for a dynamic downtown district.”
80East was designed by Minno & Wasko Architects and Planners. Columbia Bank provided construction financing, while Circle Squared Alternative Investments provided equity financing. L2i Construction served as general contractor, with Crossroads Companies serving as project lead.
Located on the Rockaway River in Morris County, Dover offers convenient access to major transportation corridors and commuter rail service to Hoboken and New York City. Crossroads Companies and CrownPoint Group are both New Jersey-based regional real estate firms specializing in the development of multifamily, supermarkets and self-storage.
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About Crossroads Companies
Crossroads Companies is a regional real estate development firm with more than 25 years of experience throughout the northeast region. Since its founding, the firm has developed and acquired approximately 1.5 million square feet of investment properties across New Jersey and New York, representing more than $400 million in total project capitalization. Crossroads specializes in two core asset classes: multifamily apartment communities and supermarket-anchored shopping centers. As a vertically integrated company, Crossroads provides in-house expertise across the entire investment lifecycle, including development, construction, property management, and leasing, enabling the firm to efficiently execute projects while maximizing long-term value.
About CrownPoint Group
The CrownPoint Group (CPG) is a privately held real estate development and investment company focused on the New York metropolitan area. CPG is led by a veteran team of professionals who have amassed over 100 years of industry experience, successfully developing institutional-quality multifamily, commercial and self-storage projects totaling over 22 million square feet. Grounded in strategic thinking and creative execution, CPG believes a better process leads to better outcomes. Leveraging experience that has come with the development totaling over $5.5 billion of ground up construction, CPG minimizes development and investment risk while providing outsized returns to its investors and strategic partners.
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Carin McDonald carin@cmmstrategic.com & Kayla Bennett | kayla@cmmstrategic.com