By Joshua Burd
A development site with approvals for 166 new apartments is on the market for sale in Hamilton, in one of two newly announced offerings by Fennelly Associates.
The brokerage firm, which is based in the township, said the parcel at 3000 Water View Drive is slated to include three residential buildings across roughly 30 acres. Existing approvals also allow for a clubhouse, a tennis court, a playground and 339 parking spaces.
Fennelly is also marketing a nearly 113-acre development site at 310-324 Friendship Road in South Brunswick, according to a news release. It noted that the property, which is located between routes 1 and 130, is zoned for residential uses and includes 27.6 acres that are usable for development.
“Central New Jersey continues to be a highly sought-after residential market,” said Jerry Fennelly, president of Fennelly Associates. “In this prime development market, properties like 310-324 Friendship Road and 300 Water View Drive present an ideal opportunity for a real estate developer searching to bring in-demand residential offerings to the market.”
