Tag: Roseland Property Company

NEW PENTHOUSE SALE THIS WEEK AT 40 PARK HEIGHTENS URGENCY FOR MORRISTOWN CONDO’S REMAINING HOMES

MORRISTOWN, N.J – The sale this week of a spectacular Penthouse residence at 40 Park leaves just three unique opportunities remaining at the award-winning luxury condominium building in downtown Morristown. The available homes include the building’s final three-bedroom Penthouse, a fully-furnished two-bedroom Penthouse overlooking the Piazza and Market Street, and a Signature residence with a…

Multifamily construction still moving at solid clip

via Joshua Burd/ NJ BIZ The pace of new multifamily construction starting in New Jersey continued to accelerate in the first half of this year, according to new figures compiled by the state. Through June, cities and towns across the state issued permits for multifamily projects that call for more than 3,400 new units, up 55…

Morristown Condos Close to Sell-Out As Home-Buying Increases Across State

via ANTOINETTE MARTIN/GlobeSt.com MORRISTOWN, NJ-In downtown Morristown, one example of an improving home sales market stands across from the historic green where George Washington once camped with his troops. The 40 Park building, which houses 76 luxury units that first went on the market in early 2010, is now down to just four apartments available.…

ONLY FOUR HOMES REMAIN AT 40 PARK IN DOWNTOWN MORRISTOWN

Penthouse and Condominium Homes Represent Final Opportunity to Own in the Luxury Residential Building on the Morristown Green MORRISTOWN, N.J – 40 Park, the luxury residential building on the Morristown Green, has been an icon since its grand opening, a seven-story testament to how the principles of new urbanism can help energize a downtown. The…

Award-winning 40 Park Helping Transform Downtown Morristown

via Multi-Housing News Online/Jeffrey Steele, Contributing Writer   Morristown, N.J.—Four years ago, the former Epstein’s Department Store in downtown Morristown, N.J., was given new life as 40 Park, an upscale, mixed-use development featuring more than 200 luxury condominiums and rental residences, 66,000 square feet of retail space and an 800-space public parking garage. In the…

Feeding the Rental Appetite

via The New York Times/Antoinette Martin HUDSON COUNTY indisputably rules the rental housing market in New Jersey: It has the largest supply of Class A units — around 13,000, according to industry experts — and commands the highest average rental rates of any part of the state. This year and next, that rental kingdom is…