Visit the community website:
Brookland at Lakepointe, part of a re-imagined Hopatcong Borough,
offers energy-efficient homes that create an opportunity for
homebuyers to leave their rented apartment behind and own a
well-appointed, two-bedroom condominium. A low starting price, great
features and convenient location within walking distance of Lake
Hopatcong make these homes ideal for those who want to grow equity
instead of piles of rent receipts.
To help homebuyers, Greentree Development Group is defraying some of
the costs of new homeownership. Ask about special financial packages
for quick-move-in homes.
Located at 5 West River Styx Road in Hopatcong, Brookland is a
state-of-the-art building with about 4,600 square feet of retail
space and a one-bedroom home on the first floor. The second two
floors offer 14 two-bedroom homes, some with a large one-car garage
Homes have nine-foot ceilings, spacious
kitchens and bright sunny rooms. A private stairway takes owners
home to one of the three floor plans, ranging in size from about 950
square feet to just under 1,300 square feet.
Three stunning floor plans are offered, each with designer kitchens
that include maple cabinetry with a choice of colors, granite
countertops, stainless steel under mount sinks, lever faucets with
pull-out sprayers and stainless steel GE gas ranges, microwaves and
Bathrooms feature maple cabinetry, cultured marble countertops and
sinks, glass enclosed tile showers in the master bath and bathtubs
with tile surrounds in the guest bath.
High-efficiency heating and cooling
equipment, complemented by extra insulation in the 2x6 walls, keeps
these homes comfortable. Homes have high-efficiency 50-gallon water
heaters along with city water and sewer and underground electric,
gas and cable service. Homes are wired for phone, internet and
cable. Brookland’s maintenance-free construction will appeal to
those who don’t want to worry about yard work and other chores. For
instance, the condominium association will take care of all common
areas, snow removal and landscaping.
Major work centers are readily
accessible by Interstates 80 and 287 and State Route 206, all of
which are close by. Train service to New York City is a short drive
from Lakepointe, and the ride is about an hour to the city.
Newark-Liberty International Airport is less than an hour away.
Shopping, cultural activities and recreational facilities surround
Sales and showings are by appointment only. Call 973-670-9024 or
973-267-8990, ext. 120 or click here.
Visit the community website:
Lakeland Village offers 76
energy-efficient homes starting under $200,000 in picturesque
Wanaque Township. Buyers can pick from one- and two-bedroom homes
one, two or more levels. Some homes come with garages.
Homeowners can enjoy the small-town atmosphere while being only 34
miles from Manhattan and a short car ride to Wayne and Morristown.
Residents can walk to the Wanaque Town Center and to many
restaurants and shops. The community’s access to Interstates 80 and
287 and Route 23 make it centrally located. Train and bus service is
Homes include a variety of luxury appointments, such as granite
countertops, and many personalization opportunities are available.
For more information, call (973) 646-7476 or click here.
Parkside at Wanaque
WANAQUE, N.J. – A community of active-adult homes seemed like a
great idea when Wanaque Borough approved it, but events turned it
into an eye-sore and a nuisance. Fortunately, Greentree Development
Group and the Borough worked together to turn an abandoned
construction site into a community of great homes, good people and
Today, someone approaching Fourth Avenue from Boulevard, perhaps on
their way to Back Beach Park, sees Parkside at Wanaque, a beautiful
town-home community. But this is a site that went through many
changes and created some challenges for Wanaque.
The eight-acre site was once the American Candle Co. In 2005, the
Borough approved a 121-home active-adult community on the site.
Construction began, but the builder ran into financial problems and
the bank foreclosed. Instead of a beautiful community, the builder
left a mess.
“It was an abandoned construction site, so it was unsightly,” said
Borough Administrator Thomas Carroll. Carroll recalled that in
addition to construction debris, incomplete foundations and
partially in-stalled roads, promised infrastructure improvements did
not meet expectations. Instead of an abandoned factory, the Borough
now found itself with a field of ugly, dangerous debris with no
solution in sight.
Greentree Development Group took an interest in the site. Greentree
is the spinoff of an investment company that specialized in working
with distressed properties. But Division President Dave Gunia, saw a
greater opportunity in Wanaque. “The market was turning and the
opportunity here was in building out this project,” said Gunia, who
learned his trade working for some of the state’s most prestigious
homebuilders. “Its size made it right for that decision.” Greentree
was already earning a reputation as a company that works with
municipalities, not against them. When Greentree began talking with
Borough officials, it was about a market-rate town-home community,
not an active-adult neighborhood. But everyone was willing to
listen. “We were excited to have an interested developer,” said
Carroll. “The market was saturated with age-restricted homes,” said
Gunia. “We talked with the town about dropping the age restrictions.
They indicated there were ‘some challenges’ but they would support
Greentree team told the town what it wanted to do, and listened when
the Borough laid out its needs. Each side compromised, but each side
got what it wanted. “They wanted a luxury community that would
attract a higher demographic,” recalls Gunia. “They mandated a
higher level of fit and finish and that’s what we accomplished.” The
challenge, added Gunia, was to stay within a price range appropriate
for the area. The Borough had other requirements. A prom-ise to
complete or fix infra-structure that had not been in-stalled
properly or at all came with the property. Greentree also agreed to
update the Back Beach Park tennis courts and to realign an
intersection. “We ended up with a beautiful site,” said Carroll.
“Greentree has been excellent to work with. They’ve been very
cooperative. They’ve done everything we’ve asked them to do.”
Today, Parkside at Wanaque has 88 elegant homes, including townhomes
with garages and one-level condominiums. It includes homes to help
Wanaque meet its COAH obligations. It has brought new residents,
revenue and quality to the community. “It’s added $15 million
in ratables, more people in town to shop at our local businesses and
to help our local economy,” said Carroll. “We’ve heard nothing but
good things. We haven’t had any complaints from the residents, which
is always good.” For Greentree, Parkside’s success reinforces
the company’s philosophy that partnering with communities can lead
to positive results for all. “If you listen to the
municipality’s concerns and you address them in a manner that works
for the developer and the municipality, the results will be good for
everyone,” said Gunia. “We understand the need to create housing
that people will love and can afford and we see that opportunity in
redeveloping existing properties. We know that municipalities also
have a stake: They need to revitalize themselves and create ratables
“Parkside is another example of how working cooperatively creates a
good outcome for the community, its residents and for Greentree,” he