AS EXCLUSIVE AGENT, CUSHMAN
AND WAKEFIELD IS PLEASED TO
OFFER A 100% FEE INTEREST IN
ZEPHYR RIDGE FOR SALE.
Completed in 2018, this 24-unit luxury
apartment community is fully leased and
has proven to be well positioned to attract
residents who are looking for the combination
of larger floor plans, new construction and
the amenities typically only found in for-sale
product such as private garages.
Zephyr Ridge is in Cedar Grove, New Jersey
and is situated in the heart of Essex County,
placing it just minutes from mass transit and
major commuting highways including Route
23, Route 46, Interstate 80 and the Garden
State Parkway. Additionally, the New Jersey
Transit train to Penn Station is located under
2 miles from the property, allowing residents
a quick 40-minute commute into Manhattan.
Zephyr Ridge consists of two, three-story
residential buildings containing a total of
24 two-bedroom, two-bathroom units. The
apartments feature large floor plans with
high-quality finishes including at a minimum
nine-foot ceiling, stainless steel appliances,
gas cooking, quartz counter tops, hardwood
floors and individual washer/dryers. The
community also offers premier amenities
including an outdoor patio with grills, private
garage parking, a resident lounge, storage
units and a fitness center.
The Property draws from a surrounding
dense and affluent resident pool, with a high
population per square mile of 3,905 and an
average household income over $155,000
within a 3-mile radius. The neighboring
towns are known for their upper-class
executive housing, which will continue to be
a demand driver for Zephyr Ridge as Baby
Boomers seek to move-down.
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