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1 Overlook Dr
Monroe Township, NJ 08831
Waterside Villas - Active Adult 55+ Community · Multifamily Property For Sale · 100 Units
PROPERTY FACTS
| No. Units | 100 | Lot Size | 6.70 AC |
| Property Type | Multifamily | Building Size | 154,488 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 2009 |
| Building Class | A | Parking Ratio | 0.97/1,000 SF |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | A |
| Lot Size | 6.70 AC |
| Building Size | 154,488 SF |
| No. Stories | 3 |
| Year Built | 2009 |
| Parking Ratio | 0.97/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- High Speed Internet Access
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Fitness Center
- Property Manager on Site
- Security System
- Dry Cleaning Service
ABOUT 1 OVERLOOK DR , MONROE TOWNSHIP, NJ 08831
Gebroe-Hammer Associates is pleased to present Waterside Villas, a luxurious 100-unit senior-rental community with two commercial spaces located at 1 Overlook Dr., in historic Monroe Township, N.J. Built in 2009, this three-story elevator building is nestled within a quaint neighborhood in affluent southeastern Middlesex County, the second largest of nine geographic Central New Jersey submarkets. Since being built, Waterside Villas has emerged as an architectural fixture within Monroe Township, ranked as the leading suburb for population increase between 2010 and 2014 in the state. Situated in the heart of Monroe Township, Waterside Villas is a new classic-architecture building within the sought-after Concordia neighborhood, which ranks highest in terms of income growth among all constituent neighborhoods in Monroe Township over the past five years. The senior-rental community poses a unique investment opportunity to acquire one of the region’s premier high-identity properties within one of the best performing senior-apartment-rental submarkets in the state
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | 650 - 788 |
| 1+1 | 69 | - | 605 - 1,200 |
| 1+2 | 2 | - | 1,060 - 1,160 |
| 2+2 | 26 | - | 1,060 - 1,160 |
PROPERTY TAXES
| Parcel Number | 12-00027-0000-00009-4 | Improvements Assessment | $5,615,000 |
| Land Assessment | $6,000,000 | Total Assessment | $11,615,000 |
PROPERTY TAXES
ZONING
| Zoning Code | PRC |
| PRC |
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