What is the story about?
What's Happening?
The Villas at Montgomery Crossing, a new townhome community near the intersection of routes 206 and 518 in Montgomery, has officially opened for sales. The development features 20 tiered, townhome-style condominiums priced between $699,000 and $835,000. These units range from 1,829 to 2,587 square feet and offer two or three bedrooms. The community is located two miles from Princeton and is adjacent to the Montgomery Promenade, which is currently under construction. The sales office is open from Tuesday to Friday, 11 a.m. to 5 p.m.
Why It's Important?
The opening of this new community reflects the growing demand for luxury housing in Central New Jersey, particularly in areas close to urban centers like Princeton. It underscores the trend of suburban development catering to affluent buyers seeking convenience and high-quality living environments. This development may influence local real estate markets, potentially increasing property values and attracting more investment in the region.
What's Next?
As the Montgomery Promenade nears completion, the area is expected to see increased interest from potential buyers and investors. The success of the Villas at Montgomery Crossing could lead to further residential projects by developers like Sharbell Development Corp., enhancing the area's appeal as a desirable living destination.
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