dent of R.J. Brunelli & Co., Old Bridge. It’s
obviously a problem for developers looking
for land in certain areas but, according to
Morris, “it’s a challenge for everybody.”
Even if you find some land to develop, if it’s
not in an area where the state is actively encouraging growth, “the state might not co-operate with sewer extension permits,
roadwork and other infrastructure that’s
necessary,” according
to Brunelli.
New Jersey’s liquor
license laws may also
be retarding town
center growth. “The
rest of the country is
way ahead of us,”
says Brunelli. “A
“Brownfields are the prettiest
girl in the room right now, and
everybody wants to meet them.
They’re in high-demand areas.”
JOE MORRIS
Edgewood Properties
SILBERT
REALTY & MANAGEMENT COMPANY, INC.
www.SilbertRealEstate.com
ALWAYS...Location, Location, Location
RETAIL LEASING OPPORTUNITIES– NEW CONSTRUCTION
CRANFORD CROSSING – Downtown Re-Development (adjacent train station) Luxury Mixed-Use Apts.
plus 21,150 SF Gr. Floor Retail - Now Open – Cranford, Union County, NJ
LONG VALLEY VILLAGE – 29,000 SF 3 Bldg. Complex - Hi-End Retail- 70% Leased St. Hwy.
Rt. 24, Long Valley, Morris County, NJ (Adjoining Chester Twp)
CEDAR GLEN – 40,852 SF Community Shopping Center, Adjacent World-Class ShopRite Supermarket,
Now Open – Rts. 22 & 28, Branchburg, Somerset County, NJ
MANSFIELD COMMONS II – 30,000 SF Phase II, Contiguous Wal-Mart, Sears & Kohl’s Anchored Mansfield
Commons I –Units From 800 SF To 2500 SF -Immed. Occupancy, St. Hwy. Rt. 57 Hackettstown/Mansfield, Warren County, NJ
THE CORNER VILLAGE AT WARREN - 35,546 SF 2 Bldg. Hi-End Retail/Commercial Cross Access A & P Anchored Shopping Center – Projected Del. 3rd Qtr ’08 - Warren, Somerset County, NJ
THE BROWNSTONES AT ENGLEWOOD SOUTH – Luxury Mixed Use Apts. plus 13,000 SF Ground Floor Retail
(Phase I) Nearing Completion – St. Hwy. Rt. 4 City Of Englewood, Bergen County, NJ
FRANKLIN COMMONS – 60,000 SF Retail Medical/Office Complex (CVS Anchored) Opp. ShopRite,
Opening Spring ’08, Franklin Township, Somerset County NJ
COMMERCIAL LEASING OPPORTUNITIES– REDEVELOPEMENT/EXISITNG
GREEN BROOK PLAZA – 51,000 SF Shopping Center on St Hwy Rt. 22 – Units from 1,400 to 7,500 SF - Immed.
Occupancy, Green Brook, Somerset County, NJ
NORTH PLAINFIELD – 23,600 SF Freestanding, St Hwy Rt. 22 - Immed. Occupancy, Borough of
North Plainfield, Somerset County, NJ
VERNON PLAZA – 92,646 SF A&P Anchored - 1,600SF – St. Hwy. Rt. 515, Vernon, Sussex County, NJ
major issue is our state’s arcane liquor license rules and regulations. Town centers in
other parts of the country usually have five
or six restaurants with licenses, but New Jersey doesn’t allow liquor licenses to be created for a low cost. In some towns, the cost
of a license is close to $1 million.”
Even if the state is on board with the development, municipalities or local property
owners can get in the way. “A client-owned
property in Hamilton Twp. was zoned for a
shopping center,” Harding relates. “We filed
an application that was compliant with the
zoning ordinance, but we were rejected and
appealed that to a superior court judge, who
granted our approval. That was appealed by
the municipality and ultimately it ended up
going to the New Jersey Supreme Court.”
The township ultimately lost, Harding recalls, but the two years it took to win the
case and recent squabbles over eminent domain have made others wary.
“Any developer in New Jersey could tell
you about a case where a city initially had
good intentions and declared an area in
need of redevelopment and then learned
that the developers were not stepping up or
were backing out because of recent court decisions,” says Brunelli.
But for now, there’s no denying that New
Jersey’s demographics are highly desirable for
developers and retailers. And the state, despite its reputation, has shown some willingness to help those who will help the state.—RENJ
IRONBOUND NEWARK – 23 Acres - 160,000 SF Retail/Office/Warehouse In Multiple Bldgs. 8,300± SF, retail
plus offices contiguous Routes 1& 9 and Delancy St. Newark, Essex County, NJ
DENVILLE STATION PLAZA – 40,000 SF CVS Anchored Shopping Center 93% leased 1,300 SF to 2,700 SF retail
End Cap – Immed. Occupancy – Rt. 53, Denville, Morris County, NJ
HILLSBOROUGH CENTRE – 90,000 SF Stop & Shop Anchored, Freestanding 6,000 SF- Immed. Occupancy,
St. Hwy. Rt. 206 Hillsborough, Somerset County, NJ
Relationships Built on Results Since 1986
For Additional Information on These And Other Opportunities Contact Exclusive Agent
www.silbertrealestate.com • email: info@silbertrealestate.com
Phone: 908-604-6900 • Fax: 908-604-2030
it’s a FACT
New Jersey has designated 17 transit villages since 1999. They are located in
Pleasantville, Morristown, Rutherford,
South Amboy, South Orange, Riverside,
Rahway, Metuchen, Belmar, Bloomfield,
Bound Brook, Collingswood, Cranford,
Matawan, New Brunswick, Jersey City,
Netcong, Elizabeth and Burlington City.
