Friday, March 1, 2019

Jefferson Group Delivers Mount Laurel, NJ, Luxury MF Near Philadelphia

by Steve Lubetkin,
McLean, VA-based Jefferson Apartment Group, a multifamily developer and operator specializing in premier apartment communities throughout the East Coast, says the first phase of Jefferson Mount Laurel is completed, with residents moving into the new community in Mount Laurel, NJ, about 15 miles from Philadelphia, PA.
The 490-unit apartment community is a joint venture with Northwestern Mutual, and JAG is providing the property management services. The project is the second in a series of recent deliveries from JAG in Greater Philadelphia.

“We are thrilled to announce the opening of another development project in the Philadelphia market as we continue to grow our presence here,” says Drew Chapman, senior vice president and development partner at Jefferson Apartment Group. “We see enormous potential in the Philadelphia market having successfully opened Maybrook in late 2017, and now Jefferson Mount Laurel, with another project in Exton, PA, delivering within a year that will bring our Greater Philadelphia managed portfolio to over 1,600 units by year-end. So to say it will be an exciting year for us in the Philly market would be an understatement.”
The Mount Laurel apartments range from one-bedroom up to two-bedroom plus den layouts. The garden style buildings offer controlled access entry with an elevator in most buildings. Residences feature nine-foot ceilings, chef-style kitchens with stainless steel appliances and quartz countertops, plank flooring, full-size washer and dryer, and private balconies and patios. Additional, optional offerings include private entrances and garages with remote control access.

Set on a tree-lined 50-acre parcel, Jefferson Mount Laurel offers scenic wooded views and more than 7,000 square feet of best in class amenity space typical of JAG-quality, class A apartment living. The community boasts a fitness center, resort-style swimming pool, sports court, a putting green, playground, dog park, pet spa, gardening plots, and over a mile of walking trails on-site.

Other features include an outdoor living area with fire pit, grilling stations and movie screen, a courtyard with fountain and lawn games, a resident lounge featuring a stunning double-sided fireplace, billiards, foosball, and shuffleboard, and charging stations for electric vehicles.

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