19 Condos Sold in Just Three Hours During VIP Opening of Newest Building at The Enclave at Canal Walk

SOMERSET, N.J. – Pent up demand for upscale 55-plus active adult condominiums resulted in 19 homes sold in just three frenzy hours during the VIP Opening for the latest building at The Enclave at Canal Walk.

In a scene reminiscent of the heyday of the real estate boom, homebuyers began lining up at 5 a.m. for the private opening, according to Premier Development, which is developing The Enclave at Canal Walk in Somerset County’s Franklin Township.

The new offering is the last condominium building in the current series and features 48 two-bedroom, two-bath residences with expected occupancy dates in July 2016.

“This is the second time we’ve hosted an invitation-only event to open a new condominium building at The Enclave and the second time we’ve had prospects lining up hours before our opening,” says George Adinolfi, Sales Professional for The Enclave.  “Buyers have been patiently waiting as long as eight months for these residences to be released and they seized this opportunity vigorously.  The amazing response is an incredibly strong start to the sales program for this building.”

The new building offers five housing designs including the Andover, Bayberry and Bayberry with Sitting Room, Devonshire with a kitchen with separate breakfast room and the Drexel layout which will be a more value-packed version of the Andover home.  Homes will be priced from the high-$200,000 to mid-$300,000s.

Condominiums range in size from 1,525 square feet to 1,720 square feet.  The spacious and open floorplans feature large living rooms, gourmet kitchens with granite countertops and GE™ appliances and huge amounts of cabinet and pantry space, nine foot ceilings, hardwood entry foyer flooring, master bedroom suites have large walk-in closets and lavish master baths with ceramic tile floors, seated showers and oversized soaking tubs.  Homes will offer individual exterior balconies

The new building will also boast a landscaped garden courtyard, two elevators, multiple lobbies and expansive indoor parking garage.

Residents of Canal Walk enjoy one of central New Jersey’s premier active adult lifestyles.  Canal Walk’s 32,000 square-foot Premier Club has long been recognized as one of the state’s most comprehensive and amenity-laden clubhouses.  Homeowners enjoy countless world-class amenities, including two outdoor pools, a whirlpool, a spa with steam room, sauna and a fully-equipped fitness room. There’s also a library, crafts room, billiards room and separate men’s and women’s card rooms.  In addition, a computer center, banquet hall and lounges are available.  Tennis, bocce courts and a putting green are adjacent to the oversized outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

Premier Development is building The Enclave next to the Delaware-Raritan Canal, one of the most recognizable landmarks in New Jersey.

Canal Walk’s convenient location enables residents to receive the lifestyle they desire, while remaining close to family, and world class malls and major supermarket shopping just minutes away.  The community is a short trip from Route 287, offering easy access to major highways such as the Garden State Parkway and the New Jersey Turnpike which allows children and grandchildren to visit without lengthy travel.

The Enclave’s popular three-bedroom townhomes are currently sold out.  A VIP List is currently being assembled for a limited number of new townhomes which are expected to be released for sale this summer.  Priced from the mid-$300,000s, the 2,100-plus square foot homes offer all the features today’s active adult desires at a price structure that’s well within their budget.  The residences are loaded with luxurious interior finishes, first-floor master bedroom, finished loft area, eat-in kitchens, expansive great room, 2.5 baths, private rear patios and attached garages.  Better yet, the townhomes boast an enviable location just steps from the Premier Club at Canal Walk.

For additional information on the Enclave at Canal Walk, please call 732-356=1199 or visit http://www.premierdevelopment.com.