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Wednesday, August 01, 2012 / Coldwell Banker New Homes

PARSIPPANY, NJ – As new home communities across the state see an increase in traffic and sales, builders and investors know the time is right to take advantage of current market conditions and low interest rates. According to Bruce Morrow, acquisition specialist for Coldwell Banker New Homes, one of the nation’s largest award winning residential brokerage firms, many are seeking new properties to develop to meet pent up demand for new construction.


“With prices at an all time low,” explains Bruce Morrow, acquisition specialist for Coldwell Banker New Homes, “savvy builders and investors know now it the perfect time to buy before the prices begin to rise. Sellers, too, understand now is the time to create strategic partnerships and start to foster the resurgence in new construction here in New Jersey.”


Morrow points out that the Acquisition Division of Coldwell Banker New Homes is proud to present three approved properties across the state. “Parkside at Bloomfield is an approved property for a collection of 40 one- and two-bedroom condominiums in a three story building with garage under parking,” explains Morrow. “Ideally situated in the heart of one of the state’s most convenient cosmopolitans, Bloomfield provides easy access to NYC via train or bus as well as major business hubs across the state via the Garden State Parkway and Route 280. With its established downtown area, tree-lined streets, acclaimed schools, and a fine array of shops and conveniences, Bloomfield caters to the needs of many home buyer segments from first timers to families to retirees.”


Another approved property is Tower Hill Estates located in Roxbury in Morris County. “With an excellent school system, numerous shopping and convenience centers, beautiful parks and golf course, and easy access to Routes 80 and 287, this property is ideal for families,” notes Morrow. “The community will feature 11 single family homes on one third to almost an acre of property with scenic views.”


In south Jersey, a beautiful property with open views is approved for 71 single family homes at Hedgerow Estates in Pilesgrove in Salem County. Morrow describes, “This lovely setting is only a few miles from the center of a quaint downtown area with local businesses. The property will feature 2,400 to 2,500 square foot homes with front lawns and level backyards. With easy access to the Delaware Memorial Bridge and the NJ Turnpike, residents enjoy a convenient commute to Philadelphia, Delaware and business hubs in New Jersey.”


“Through our professional sales and marketing services,” Morrow further explains, “we can assist any buyer in putting together and running an individualized and comprehensive sales and marketing plan. Our award winning approach and ability to utilize the expertise of our nationally acclaimed sales professionals are yet another value to these potential new home developments.”


All of these properties and more are available for tours by appointment. For additional information, please contact Bruce Morrow on his cell at (862) 219-2911, by email at  or visit Join the conversation on Facebook at Coldwell Banker New Homes and Condos.


Coldwell Banker Residential Brokerage in New Jersey and Rockland County, New York, a leading residential real estate brokerage company, operates more than 60 offices with over 3,600 sales associates serving communities from Rockland County, N.Y. to Monmouth County, New Jersey. Coldwell Banker Residential Brokerage in New Jersey and Rockland County, N.Y. ( is part of NRT LLC, the nation’s largest residential real estate brokerage company.  NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices.


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