The Nell at 100 South Washington Ave. in Dunellen is home to a collection of one- and two-bedroom apartments and upscale amenities near the borough’s train station. — Courtesy: Prism Capital Partners
By Joshua Burd
Prism Capital Partners has completed two additional buildings at a luxury residential development across from the Dunellen train station.
Located at 100 South Washington Ave., The Nell is rising at the former site of an industrial facility at the edge of the borough’s downtown. Prism launched leasing at the property late last year and has seen brisk demand, the firm said, having also welcomed its first residents.
“The excitement continues to build at The Nell, with strong interest from prospective renters, and residents taking occupancy,” said Prism’s Robert Fourniadis, senior vice president, residential.
The developer is nearing completion of the property’s clubhouse, according to a news release. Features will include a modern fitness center, a yoga room, a resident lounge and others, along with outdoor spaces such as a resort-style pool, a landscaped courtyard and entertainment area and private grills.
Residents, meantime, will have upscale living spaces with on-site garage parking, smart lock entry, in-home washer and dryer, a secured package room and indoor bike storage. Net rents at the complex start from $2,075 for one-bedroom and $2,525 for two-bedroom layouts.
Upon completion, The Nell will include 252 apartments in six buildings, the news release said. The site also incorporates a retail building under construction, with in-place leases for Blue Foundry Bank and Kessler Rehabilitation Center, while additional plans call for 130 for-sale townhouses developed by K. Hovnanian Homes.
Prism launches leasing at new 252-unit Dunellen rental property