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CHESTNUT HILL ON VERGE OF SELL OUT
6/26/2006
MORRISTOWN, NJ—With only two luxury condominium homes remaining at Fenix Investment & Development’s Chestnut Hill community in Morristown, the ongoing popularity of the “pedestrian lifestyle” long espoused by this award-winning builder continues to thrive in an otherwise tentative housing market. The upscale community, located within a five-minute walk to the heart of this historic city and the numerous lifestyle amenities it offers, consists of only eight homes nestled into a hillside abutting a national park. Both of the three-bedroom homes are available for summer delivery.
“Our customers have shown their appreciation not only for a location that provides the
convenience to Manhattan-direct train service and a walk-to-everything environment, but also for the superior craftsmanship and attention to details that go into every Fenix project,” said Patrick O’Neill, the President of Fenix.
“They also understand the very limited availability of low-maintenance homes in this area that complement their busy lifestyles and afford them the innovative floor plans and entertainment possibilities built into Chestnut Hill residences.”
Priced from $699,900, the expansive, single-level condominiums feature 2 full bathrooms and a convenient powder room, as well as spacious kitchens, dining rooms, living rooms and an abundance of intricate trimwork that captures the eighteenth century persona of Morristown’s historic buildings. In addition, each home has a private backyard with up to 1,000 sq. ft. of living space, an unusual amenity for condominiums and a “bonus” for homebuyers who entertain or simply enjoy relaxing outdoors. O’Neill added, “The quick delivery of these homes means that buyers who purchase now can enjoy their beautiful backyard areas for the entire summer.”
According to the builder, Chestnut Hill has been modeled after its multiple award-winning Georgetowne at Morristown community, now also thriving in the city’s quaint downtown area. “We believe that Georgetowne set the precedent for the new urban lifestyle that has become so popular in Morristown,” he said. “Some of our buyers here at Chestnut Hill did in fact either hear about Georgetowne or were referred to us from friends or acquaintances who had purchased there.”
Homebuyers are invited to tour the Chestnut Hill homes during an open house on Sunday, from
1 p.m. to 4 p.m. For more information, call Jackie Rossi Greene of the Coldwell Banker New Homes Mendham office, at 973-543-3912, or visit www.fenixinc.com
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