Egg Harbor Gardens
Located at 2580 Tilton Road in Egg Harbor right off the Atlantic City Expressway and Garden State Parkway, the property is a former 46,000 Ft2 hotel being converted to 92 multifamily apartments. The property is being offered 'As Complete' with 73 Market Rate & 19 Affordable apartments. The building's construction with many units being first floor walk-ins, having additional storage units and on-site laundry add to its appeal. The property will be delivered "As Complete" and "Vacant", allowing an investor to capture full market rents allowing an investor to add significant value through lease-up.
Egg Harbor benefits from its close proximity to Atlantic City's entertainment industry as well as a short drive from the picturesque beaches and Cape May. Additionally, the Atlantic City International Airport and AtlantiCare Regional Medical Center are within a 10 minute drive..
Hillsborough Apartments
Located in highly desirable Hillsborough, this fully approved development site has 96 shovel-ready luxury apartment units. The development plan outlines a 3-story stick construction with surface parking and light site work, offering an affordable project that holds immense potential for investors and developers.
However there is no Tax Pilot and calls for a breakdown of 73 market rate and 23 affordable (COAH) units. Amenities include fitness center, pool, outdoor lounge and a modern clubhouse. With a project estimated to be stabilized with $2.1m~ NOI, a developer is poised to capture great value with this shovel ready site.
Hillsborough offers a wide range of convenience such as a short commute to either NYC or downtown Philadelphia. Near-by is the walkable downtown area of Somerville which includes a vibrant mix of restaurants, shops, and the Somerville Train Station. Hillsborough also contains a large park system perfect for hiking. Within a 10 minute drive are RWJ University Hospital Somerset, Central Jersey Airport and Duke Farms
The Saratoga
Located in highly desirable and quiet Wilton, this approved development site will have 390 luxuriously appointed apartments that will be centrally located with access to major highways. The building’s spacious units, storage units and luxury amenities will add to its appeal. The one and two bedroom apartments will be well appointed with a mix of luxury vinyl plank flooring and tiled bathrooms. This active adult 55+ luxury community will offer vast amenities some of which are 24/7 concierge, pool, sauna, continental breakfast, movie theater and much more.
Wilton offers a wide range of attractions including proximity to Saratoga Springs walkable downtown which includes a vibrant mix of restaurants and shops. Wilton also contains a large park system with some of the largest parks in the county. Within a 10 minute drive are Skidmore College, Saratoga Hospital and Four Winds Hospital.
Bayshore Heights
Located in the northern tip of the Jersey shore in Highlands, Bayshore Heights is a 14.1 acre property within a Redevelopment Zone which permits up to 10 stories and 423 apartments. The site boasts spectacular views of Sandy Hook Bay and New York City, and is within a 10 minute drive to a wide range of recreational amenities including beaches, rivers and bays. It's location on NJ Route 36 makes it easily accessible to the Garden State Parkway, nearby Red Bank and major employment centers. Formerly operated as a mobile home park, this is a blank canvass ready to be developed into a landmark multi-family property.
Highlands offers a wide range of attractions including its proximity to beaches which allows for sunbathing, surfing, fishing, wind surfing and boating. Highlands is located near all the jersey shore entertainment. Within a 20 minute drive are Monmouth University, Hackensack Meridian Health Riverview Medical Center and Monmouth Medical Center.
Lofts at Kearny
Located in Kearny, this 44 unit apartment property it is an 8 minute drive to Harrison PATH Station with service to downtown Jersey City and Manhattan. Completed in 2021, the building's modern design, garage parking, fitness center and in-unit laundry add to its appeal. The one and two bedroom apartments are in pristine condition and well appointed with hardwood flooring and tiled baths.
Kearny offers a wide range of attractions including its proximity to a vibrant mix of restaurants, shops, and the Harrison PATH Station. Kearny also features the picturesque Kearny Riverbank Park and promenade along the banks of the Passaic River. Also nearby, within a 15 minute drive, are Red Bull Arena, University Hospital, Saint Michaels Medical Center and Prudential.
151 Sip Ave
Located in highly desirable Journal Square area of Jersey City, this 42-unit apartment property is within walking distance to the PATH. The building's all-brick construction, proximity to NYC and full security camera system which allows you to watch remotely add to its appeal. The studio, one- and two-bedroom apartments are well maintained with a mix of hardwood flooring and tiled bathrooms.
Jersey City offers a wide range of attractions including its walkable downtown which includes a vibrant mix of restaurants, shops, and direct public transportation to NYC. Jersey City also contains a large park system with some of the largest parks in the county. Within a 10-minute drive are Saint Peter's University, Jersey City Medical Center and Christ Hospital.
Harbor Apartments
Located at 2580 Tilton Road in Egg Harbor right off the Atlantic City Expressway and Garden State Parkway, the property is a former 46,000 Ft2 hotel being converted to 92 multifamily apartments. The property is being offered ‘As - Is’ with 73 Market Rate & 19 Affordable apartments. The building’s construction with many units being first floor walk-ins, having additional storage units and on-site laundry will add to its appeal. The property will be offered “”As - Is”” with 40 partially completed units from a gut renovation and the remaining 52 units still to be renovated with an outstanding construction cost of approximately $1.2 Million. This property will allow an investor to capture full market rents and add significant value through lease-up. Egg Harbor benefits from its close proximity to Atlantic City’s entertainment industry as well as a short drive from the picturesque beaches and Cape May. Additionally, the Atlantic City International Airport and AtlantiCare Regional Medical Center are within a 10 minute drive.
Loft Two 22
Located in the desirable downtown area of Bayonne, this 70 unit apartment property built in 2019 is adjacent to a light rail station. The building's all-brick construction, large units and in-unit laundry add to its appeal. The one and two bedroom apartments are well maintained with a mix of luxury vinyl plank flooring and tiled bathrooms.
Bayonne offers a wide range of attractions including its walkable downtown which includes a vibrant mix of restaurants and shops. Bayonne is also located near a large park system with some of the largest parks in the county. Within a 10 minute drive are New Jersey City University, Bayonne Medical Center and Global Port Terminal.
110 Halsted
Located in the City of East Orange near the municipal borders of the City of Newark, this building totaling 26 apartments are less than 1 mile from East Orange Station. The properties' all-brick construction, spacious kitchens, and cozy units add to its appeal. The mix of studio, one and two bedroom apartments are well maintained with a mix of vinyl flooring and tiled bathrooms and kitchens.
The City of East Orange and nearby Newark offer a wide range of appeal including its access to several main roads including Garden State Parkway and I-78. The area also has a variety of recreational parks including Branch Brook Park and Monte Irvin Park are a short distance from the properties. Similarly within a short drive or walk are a wide range of commercial appeal consisting of Retail, Fast-food, Restaurants and Bars.
The Nest
Located in highly desirable New Milford, this 38 unit apartment property is within driving distance of 2 train stations. The building's all-new construction, storage units and in-unit laundry add to its appeal. The one and two bedroom apartments are well maintained with a mix of luxury vinyl-plank flooring and tiled bathrooms.
New Milford offers proximity to a wide range of attractions which includes a vibrant mix of restaurants, shops, and the New Bridge Landing Train Station and River Edge Station. New Milford is located near a large park system with some of the largest parks in Bergen County. Within a 10-minute drive are Fairleigh Dickinson University, Hackensack University Medical Center and Holy Name Medical Center.