Bennett Realty & Development and Partners Sell Shovel Ready Development Project: 1000 North Avenue, Plainfield, NJ

We are happy to announce that we have sold our interests in #shovelready project at 120 North Avenue, Plainfield, NJ. This is one of the first multi-family projects in 20+ years in the Netherwood section of Plainfield, adjacent to the town’s NJ Transit #trainstation. Before there was even a #redevlopment plan in the City, we had a vision. This transit orientated project (#TOD) includes 120 market-rate apartments and a 30-year PILOT. 

We overcame nearly every challenge in the book and prevailed through an onslaught of agency approvals, market conditions, capital market fluctuations, a pandemic, and so on… We are proud to announce that we have sold this project to an end #builder allowing us to focus on several other development projects, which we’ll announce soon.  

For more information, you can contact Tyler Bennett via email (tyler@bennettrealtyllc.com) or social media at (Linkedin: @tylerbennett) and (Instagram: @tylerobennett). You can also follow our company via (Linkedin: @bennett realty & development, (Instagram:@bennett_realty_development), (Facebook: @Bennett Realty & Development LLC), and (Twitter: @bennett_realty)

 #development #plainfield #tod #njtransit #apartments #bennettrealtydevelopment #cre #nj #ct #pa #ny