Property Manager

Confidential Real Estate; Princeton (NJ); On-site; USD 95,000 - 120,000; Full time

Job summary

Confidential Real Estate is seeking an experienced Property Manager to lead the daily operations of a large multifamily rental community in Princeton, NJ. The role emphasizes maximizing occupancy, financial performance, and resident satisfaction, with oversight of leasing, maintenance, resident relations, and vendor management.

The ideal candidate brings a proven track record in multifamily management, ability to build high-performing teams, and a knack for driving results in a dynamic

Qualifications

• 5+ years of multifamily property management experience.
• Experience managing large apartment communities (500+ units preferred).
• Strong knowledge of Fair Housing laws and property management best practices.
• Budgeting, financial reporting, and operational management experience.
• Proficiency with property management software such as Yardi, RealPage, Entrata, or similar platforms.

Responsibilities

• Oversee day-to-day operations of a large apartment community, ensuring high standards of maintenance.
• Monitor compliance with company policies and applicable laws and regulations.
• Conduct regular property inspections to maintain curb appeal, safety, and resident satisfaction.
• Develop and manage annual operating budgets and monitor financial performance.
• Drive occupancy, rental income, and ancillary revenue initiatives; analyze NOI performance.

Skills

Leadership

Budgeting

Tenant relations

Vendor management

Financial analysis

Tools

Yardi

RealPage

Entrata

Job description

We're seeking an experienced, customer-focused, and results-driven Property Manager to lead the daily operations of a large multifamily rental community. The Property Manager will be responsible for maximizing occupancy, driving financial performance, ensuring exceptional resident satisfaction, and overseeing all property operations, including leasing, maintenance, resident relations, vendor management, and team leadership.

The ideal candidate is a strong leader with a proven track record in multifamily property management, operational excellence, and building high-performing teams within a dynamic residential environment.

Key Responsibilities

Property Operations

• Oversee the day-to-day operations of a large apartment community, ensuring the property is maintained to the highest standards.
• Ensure compliance with company policies, fair housing regulations, and local, state, and federal laws.
• Conduct regular property inspections to maintain curb appeal, safety, and resident satisfaction.
• Manage contracts and relationships with vendors, contractors, and service providers.
• Develop and manage annual operating budgets.
• Monitor revenue, expenses, and overall financial performance.
• Analyze monthly financial statements and implement strategies to improve profitability.
• Approve invoices, manage accounts payable, and ensure effective cost controls.
• Drive occupancy, rental income, and ancillary revenue initiatives.
• Meet or exceed budgeted NOI (Net Operating Income) goals.

Leasing & Occupancy

• Collaborate with the leasing team to achieve occupancy and revenue targets.
• Monitor market trends and competitor activity to optimize rental rates and leasing strategies.
• Oversee lease renewals, resident retention programs, and move-in/move-out processes.
• Ensure an exceptional prospect and resident experience throughout the leasing lifecycle.

Resident Relations

• Foster a positive community atmosphere focused on resident engagement and satisfaction.
• Address resident concerns and escalated issues promptly and professionally.
• Develop and implement resident retention initiatives and community events.
• Monitor resident feedback and online reputation management platforms.
• Recruit, train, coach, and develop leasing, maintenance, and administrative team members.
• Conduct performance evaluations and establish accountability measures.
• Promote a culture of teamwork, professionalism, and customer service excellence.
• Mentor team members to support career growth and succession planning.

Maintenance & Capital Projects

• Partner with the maintenance team to ensure timely completion of work orders and preventive maintenance programs.
• Oversee capital improvement projects, renovations, and community upgrades.
• Monitor project schedules, budgets, and vendor performance.
• Ensure compliance with safety policies and risk management practices.

Qualifications

Required

• 5+ years of multifamily property management experience.
• Experience managing large apartment communities (500+ units preferred).
• Strong knowledge of Fair Housing laws and property management best practices.
• Budgeting, financial reporting, and operational management experience.
• Proficiency with property management software such as Yardi, RealPage, Entrata, or similar platforms.

Preferred

• CAM, CPM, ARM, CAPS, or other industry certifications.
• Experience managing luxury or Class A/B multifamily communities.
• Knowledge of revenue management and pricing strategies.

Knowledge, Skills & Abilities

• Exceptional leadership and team development skills.
• Strong financial and business acumen.
• Excellent communication, negotiation, and conflict-resolution abilities.
• Customer-service-oriented mindset.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong organizational and problem-solving skills.
• Proven ability to drive resident satisfaction, retention, and occupancy performance.

Key Performance Indicators (KPIs)

• Occupancy and leasing performance
• Resident retention and renewal rates
• Net Operating Income (NOI)
• Budget adherence
• Resident satisfaction scores
• Delinquency and collections performance
• Work order completion and maintenance metrics

Why Join Us?

Join a team dedicated to creating exceptional living experiences for residents while delivering strong financial results. You'll have the opportunity to lead a vibrant community, develop talented team members, and make a measurable impact on property performance and resident satisfaction.