JMF Properties breaks ground at Glen Ridge luxury community

New York /
May.May 07, 2019 03:13 PM

Morris County developer JMF Properties broken ground on a 110-unit residential development in the historic borough of Glen Ridge last week. The development, located steps from downtown Montclair and the NJ Transit Bay Street station, is the second development under the JMF Property brand name Clarus. Plans at the site, located at 275 Baldwin Street, call for one and two-bedroom floorplans. 8,500 square feet of amenity space, including a wellness center with a fitness room, lobby lounge, billiards room and business center, to name a few, will be available to residents at Clarus Glen Ridge. JMF said a 220-space garage adjacent to the property for residents has already been completed. NJ.com said the project is slated to open in spring 2020. JMF Properties, RD Management and Accurate Builders and Developers recently closed the acquisition of a 14-acre site on the former Military Ocean Terminal at Bayonne.  The closing in Bayonne will enable to joint-venture partners to develop 651 luxury residences proximal to the Bayonne Golf Club. JMF properties, as previously reported by The Real Deal, broke ground on a $50 million development in Plainfield in September 2017. The development, known as Quin Sleepy Hollow, added 212 luxury units to the City of Plainfield. [NJBIZ]


Related Articles

arrow_forward_ios
Mayor Steven Fulop (Getty, iStock)
Jersey City to provide up to $10K more rent relief per tenant
Jersey City to provide up to $10K more rent relief per tenant
The Birch Group CEO Mark Meisner and 700 Alexander Park Drive (LinkedIn)
Birch Group buys Princeton office portfolio from BentallGreenOak
Birch Group buys Princeton office portfolio from BentallGreenOak
The share of vacant sublease space in the total vacancy was 16.5 percent, the highest since 2005. (iStock)
Office vacancy rate in New Jersey nears 19%
Office vacancy rate in New Jersey nears 19%
Harbor Group’s Jordan Slone (right) and Cammeby's International founder Rubin Schron (iStock)
Harbor Group, Cammeby’s team up on $1B NJ apartment buy
Harbor Group, Cammeby’s team up on $1B NJ apartment buy
Mack-Cali Realty CEO Mahbod Nia and River Centre in Red Bank (Mack-Cali)
Mack-Cali offloads Red Bank office complex for $84M
Mack-Cali offloads Red Bank office complex for $84M
Amazon signs lease with Lincoln Equities for 360K-sf warehouse in Rutherford
Amazon signs lease with Lincoln Equities for 360K-sf warehouse in Rutherford
Amazon signs lease with Lincoln Equities for 360K-sf warehouse in Rutherford
Woodbridge Corporate Park at 485 US-1, Iselin, NJ (KBS, Google Maps)
New Jersey office park sells for $88M
New Jersey office park sells for $88M
A rendering of The Pinnacle (Kislak)
Luxury rental complex in Fort Lee sells for $55M
Luxury rental complex in Fort Lee sells for $55M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...