Crossings at Raritan Station, a 276-unit luxury apartment property in Raritan Borough, has opened its doors. — Courtesy: Accurate Builders and Developers
By Joshua Burd
A developer has officially opened the doors to a new collection of 276 luxury apartments along NJ Transit’s Raritan Valley Line in Somerset County.
Executives with the firm, Accurate Builders and Developers, joined local officials last week to showcase the property known as Crossings at Raritan Station in Raritan Borough. They were also on hand to celebrate the leasing velocity at the property, located at 59 Second Ave., where renters have absorbed more than 80 percent of an initial 113 units that were put on the market in mid-May.
The project has brought new life to an underused site just steps from the borough’s commuter train station.
“From the inception of this area being declared in need of redevelopment until today, we recognized Crossings at Raritan Station as a project that is vital to the future of Raritan, and we could not be happier with the finished product,” Mayor Zachary Bray said during an Aug. 5 ribbon-cutting ceremony. “Raritan now has an excellent opportunity on its hands. Through smart growth, we are well positioned for a prosperous future, and that includes the revitalization of our downtown.
“I’d like to thank my predecessor, Mayor Charles McMullin, members of the borough council, Accurate Builders and Developers and everyone else who helped make today’s grand opening possible.”
Nearly 100 residents have moved into the property, which Accurate Builders is opening in three phases. The developer and its leasing agent, The Marketing Directors, have sought to attract renters with upscale apartments and high-end amenities such as a lobby lounge with a coffee bar, a modern fitness center with virtual training technology and a host of outdoor spaces with lounge seating, grills and a fire pit.
Residents will also have access to a tennis court, a basketball court and a dog park.
“Crossings at Raritan Station reflects our commitment to the borough with the transformation of this critical and well-located site into a modern residential address that is attracting new residents to Raritan while benefitting the community at large,” said Jack Klugmann, CEO and president of Accurate Builders. “Borough officials and the many agencies involved did an excellent job in planning for this project and outlining their vision for the property. I’m proud to say that we have delivered on our promise to enhance that vision through our experience and expertise and turn it into a reality.”
Designed by architect Devereaux and Associates, Crossings at Raritan Station features a mix of studio, one-bedroom and two-bedroom apartments with net-effective rents starting at $1,892, including grand opening incentives. The property is minutes from downtown Raritan and Somerville’s central business district, along with Route 202 and other area highways.
Additionally, the site provides quick access to recreational options such as the 1,000-acre Duke Farms estate and major employers such as Johnson & Johnson, Bausch & Lomb and LabCorp.
“We are seeing many residents choose Crossings at Raritan Station either because they work for one of the many nearby employers or they need a location with mass-transit access to Manhattan, but prefer to live in a suburban location,” said Jacqueline Urgo, president of The Marketing Directors. “Either way, they are attracted to the quality and lifestyle the community offers. Accurate Builders and Developers hit on a winning formula here that is clearly resonating with renters.”