South Ward - Trenton - New Construction - Mercer County New Jersey

In early January, Trenton Estates LLC unveiled its plan to build 18 single-family units and 12 mixed-use units, and rehab three existing units, on Bridge, Ferry, Asbury and Union streets in the South Ward of Trenton. The developer has no approvals for the project to-date, but they are hoping to move the process along with construction starting in mid-to- late 2009. The project should take about two years to complete.

Plans show that the single-family unit s will have three bedrooms with owners having the option of a garage or a garage with studio space above it. The mixed-use units will consist of a three-bedroom unit on the second floor and a loft space on the first floor that can be used as a studio or a retail space. Planners say the single-family units would be sold in the mid- $200,000 range, while the mixed units would be in the low $300,000 range.

The City Council also recently approved the sale of several city-owned properties on Sweets and Fountain avenues to Leewood, the developer that has been designated for the Humboldt Street Redevelopment Project. The Council passed a resolution supporting the developer's application for funds from NJHMFA's CHOICE program, which provides funding for the development of for-sale housing in smart-growth areas.

Leewood wants to build 18 units on Sweets and Fountain avenues -- 16 duplexes and two single- family houses. Three of the 18 units will be restricted as low to moderate. The rest will be sold at a subsidized market rate. The lowest priced home will be $109,000. The single detached would be the most expensive at $159,000.

 
This post has been included in New Jersey Information Mercer County, NJ Information

3 Comments on South Ward - Trenton - New Construction - Mercer County New Jersey

Des.....In regards to your post, this sounds like a good project for the area. Affordable housing.  In regards to the duplexes mentioned below, what's the square footage on them?

On another note....   aren't you down in Zona and meeting up with Candace?  Have fun and be safe. 

jeff belonger

01/31/2008 07:17 PM by Jeff Belonger -- The FHA Expert.com -- New Jersey mortgage -- FHA mortgages (Infinity Home Mortgage Company, Inc)


Is that your blog making that noise?  You're a trip!

02/01/2008 11:20 PM by ARDELL DellaLoggia (Sound Realty)


I had to do it again to be sure.  Are we playing name that tune?

02/01/2008 11:21 PM by ARDELL DellaLoggia (Sound Realty)


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Real Estate Agent: Desiree Daniels, Mercer County, NJ, Real Estate (RE/MAX Tri County)
Desiree Daniels, Mercer County, NJ, Real Estate
Robbinsville, NJ
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