Newest apartment building in Plainfield sets grand opening

Mike Deak, MyCentralJersey.com
·2 min read

PLAINFIELD – Netherwood Flats, a 70-unit apartment building near the Netherwood Station on NJ Transit's Raritan Valley Line, will celebrate its grand opening on New Year's Day.

Pre-leasing has already begun in the four-story, 128,000-square-foot building at 829 South Ave. that also includes 4,000 square feet of ground-floor retail space and an 84-space parking deck.

“Plainfield is at the leading edge of a revival that Netherwood Flats is helping to facilitate,” Rich Dunn, senior vice president of Paramount Assets, the developer, said in a statement. “Transit-oriented projects are very in-demand in suburban New Jersey and their success can revitalize an entire town. That’s what we are envisioning with Netherwood Flats – creating a lively community with luxury apartments and new retail shops for all residents in Plainfield.”

Netherwood Flats, built on the site of a former used car dealership, is part of the redevelopment boom along South Avenue within walking distance of the train station in the eastern part of the city.

The first phase of Netherwood Flats will be available for occupancy in January, and the final phase will be completed in March.

Residents signing leases that begin by March 1 will pay a security deposit of just $599, have no amenity fee and parking will be included.

Netherwood Flats, a new apartment building on South Avenue in Plainfield, will celebrate its grand opening on New Year's Day.
Netherwood Flats, a new apartment building on South Avenue in Plainfield, will celebrate its grand opening on New Year's Day.

Dunn thanked city officials for their support.

“Netherwood Flats would not have come to fruition without the support of Mayor [Adrian] Mapp and the City Council,” Dunn said. “They were truly visionaries regarding the redevelopment of the Netherwood section of the city.”

Earlier:NJ Transit-oriented mixed-use development in Plainfield breaks ground

Netherwood Flats includes a landscaped, elevated courtyard; a 1,500-square-foot fitness center and a residents’ lounge. The one and two-bedroom units range in size from 624 square feet to 1,427 square feet.

The apartments feature kitchens with a breakfast bar, ceramic tiles in the kitchen and baths, recessed lighting. hardwood floors, video intercom systems and pet-friendly units. Paramount Assets is one of the largest real estate investors in the revitalization of Plainfield.

Other Paramount projects include:

  • A 54,000-square-foot, three-story retail building, being adaptively reused and redeveloped into a mixed-use property with 35 residential units and 28,000 square feet of ground floor retail at 159-171 East Front St., two blocks from the downtown train station.

  • A 2.5-acre site in the city's Transit-Oriented Development District (TODD), within the Cleveland Avenue Arts & Culture District between East 4th and East 5th streets and Cleveland Avenue.

  • Approximately 75,000 square feet of in-line retail along East Front Street's Central Business/Downtown Shopping District at 154-224 East Front St. and Watchung Ave., one block from the downtown train station.

Email: mdeak@mycentraljersey.com

Mike Deak is a reporter for mycentraljersey.com. To get unlimited access to his articles on Somerset and Hunterdon counties, please subscribe or activate your digital account.

This article originally appeared on MyCentralJersey.com: Plainfield: South Avenue apartment building sets grand opening