Condominium Project on Princeton Street

October 27, 2010 / Elizabeth Buckley, Commercial Property Analyst

Developer and architect J Robert Hiller has been given the green-light to build-up a condominium project that will be located at the eastside of Princeton Cemetery on Greenview Avenue. Recently, the Regional Planning Board of Princeton permitted Hillier’s newly improved plan to convert the two single-family houses and duplex into a condominium project with seven modern style units, which will consist of wood, glass designs and zinc rudiments

Condominium Project on Princeton Street

The condominium project that Hillier illustrated to the planning board depicts fresh city-living surroundings, and the units will vary in size, between 1,300 square feet to 1,650 square feet. There would be six units that will comprise of two bedrooms, and then one unit will comprise of three-bedroom.

According to Hillier there will be four units of the condominium project will contain an elevators, and then five units will have an open roof decks, whereas all the units in the condominium project will have refurbished basements.

There will also be fourteen parking spaces that will be supplied for the condominium project. The pre-owned homes only have seven parking spaces.

Hillier expects the condominium project to be finished during the late quarter of 2011. The condo units will be offered for rent and for sale, and the price ranges $600,000 to $800,000. For rentals, the rates would be at $1,800 to $2,500 monthly.

During a February review meeting with the planning board, there where several home owners in the community who expressed apprehensions regarding Hillier’s modified condominium project, but they agreed the arrangement of building seven units instead of fourteen, which is the original plan.

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