Business Details
37 Years
experience
Emergency
services
Trusted Property Management Services in Florham Park, NJ
Phillips Asset Management has been a family-owned and operated real estate investment and management firm since 1989, serving clients throughout the Northeast. Our expertise in property management, leasing, investment sales, and receivership services is built on decades of experience and deep local market knowledge. We prioritize hands-on service and personalized solutions to help investors maximize their real estate potential. Our full-service approach includes day-to-day operations, financial reporting, tenant relations, and capital planning tailored to each asset's unique needs. Headquartered in Florham Park, New Jersey, we manage a diverse portfolio of office, industrial, retail, and residential properties.Our commitment to excellence is reflected in our 24/7 service availability and long-term partnerships with institutional and individual clients. We combine industry relationships with innovative strategies to deliver exceptional value and performance. Our team's dedication to transparency and communication ensures clients receive timely, informed support. With over 30 years of experience, we continue to uphold family values while adapting to evolving market demands. Our proven track record demonstrates our ability to meet and exceed client expectations in real estate management and investment.
Services
Property Management
Leasing Services
Investment Sales
Receivership
Facility Management
Details
- Year established: 1989
Highlights and features
- 40+ years of real estate experience in the Northeast market
- Full-service management covering all property types and needs
- 24/7 service response for urgent property maintenance issues
- Customized financial reporting and capital planning strategies
- Proven track record with office, industrial, and retail properties
Services
Property Management
Our property management services include daily operations oversight, tenant relations, and financial reporting. We create customized management plans to optimize asset performance while maintaining compliance with local regulations. Our team handles maintenance requests, lease administration, and vendor coordination to ensure smooth property operations.
Investment Sales
We facilitate investment property transactions with market analysis and strategic positioning. Our brokerage services connect buyers and sellers through targeted marketing and negotiation expertise. We specialize in commercial properties including office spaces, industrial facilities, and retail centers across the Northeast region.
Leasing Services
Our leasing team manages tenant acquisition and lease administration for commercial properties. We implement effective marketing strategies to attract qualified tenants while ensuring competitive rental rates. Services include lease preparation, enforcement, and ongoing tenant communication to maintain occupancy levels.
Receivership
We provide court-appointed receivership management for distressed properties. Our services include asset preservation, financial reporting to courts, and operational oversight during transition periods. We maintain property value while ensuring compliance with legal requirements and stakeholder expectations.
Facility Management
Our facility management covers maintenance coordination and capital improvement planning. We oversee vendor contracts, implement preventive maintenance programs, and manage building systems to ensure optimal functionality. Services include emergency repair response and long-term infrastructure planning for commercial properties.
People
Andrew Phillips
Founder
Andrew Phillips established Phillips Asset Management in 1989 with a vision for personalized real estate solutions. He oversees strategic operations and maintains client relationships, leveraging his extensive industry experience to guide the company's growth and service offerings.
Questions
What property types do you manage?
We manage office buildings, industrial facilities, retail centers, and residential properties across the Northeast United States.
Do you offer 24/7 maintenance support?
Yes, our property management services include 24/7 service response for urgent maintenance and repair needs.
How long have you operated in the Northeast market?
We have served the Northeast real estate market for over 30 years since our founding in 1989.
What investment services do you provide?
We offer investment sales brokerage, property acquisition guidance, and portfolio management services for commercial real estate assets.
How do you handle tenant relations?
Our leasing team manages tenant communications, lease administration, and issue resolution to maintain positive relationships and high occupancy rates.
What areas do you serve?
We primarily serve the Northeast United States, including New Jersey, New York, and surrounding states.
Reviews (5)
Megan Wolff
Feb 06, 2021
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I have had a totally positive experience renting from Phillips Asset Management. I was admittedly hesitant to move in when I read some of the 1 star reviews on this page, but I am so glad I went forward with it because I love my new home! Everyone was extremely helpful through the entire move-in process; the single issue I had with the apartment was fixed immediately, and the property is maintained wonderfully. I live in their Sparta units and totally love them.
Ron Laxamana
Oct 29, 2020
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My fiance and I are very thankful for Ms. Kathee Cousins and her team at River Edge Apts. at Garfield. During such a crazy uncertain time, Kathee persisted in helping us find the most perfect home for us without being aggressive and sharing the most awesome deals. I highly recommend working with this company, but most importantly with Kathee Cousins. Thank you guys!
David Hunter
Feb 01, 2020
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The people who are giving 5 star reviews work for the company. Look at William review he look 30 and say he been renting the same apartment for 25 years. This company is horrible. I live in the Gramercy which is a beautiful place. All the tenants have the same complaints
1. The management company sucks. From Mark to the nimrod answering the phones in Florham Park.
2. Walls to thin
These boneheads have took a place that should be luxury living and turned it to the project's. I called, put complaints on the portal. Only when I talk about rent withholding (which you can do according to NJ tenate
1. The management company sucks. From Mark to the nimrod answering the phones in Florham Park.
2. Walls to thin
These boneheads have took a place that should be luxury living and turned it to the project's. I called, put complaints on the portal. Only when I talk about rent withholding (which you can do according to NJ tenate
Nanak Biswas
Jan 21, 2020
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They are like worst I have ever seen. They make you fool with a messaging call center people who take your message again and again and does nothing, never. My new apartment manager called them for a tenant history that I stayed with them for 2.5 years, with tons of followup from my side and from my new apartment , nothing worked. I had to pay extra security deposit in my new apt because of them. One star only for a person named Mark. Others will get zero
Protima Pandey
Sep 17, 2019
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If I could give them NEGATIVE 10 stars, I would. THEY ARE ABSOLUTELY THE WORST. I just rented a property and spent $100K renovating it, and I have had a GAPING hole in my bathroom wall which is exterior facing for more than 2 weeks...in the dead of the winter. And when I say gaping hole, I mean 4ftx2ft. Believe it or not. Mark, the property manager did not have the key to the space. I had to come in at 9PM to give him the key to address the frozen pipe. This is after I had to finally call the landlord. The landlord is a nice old lady but she can't do anything, so what are my options.
