Developer Prism Capital Partners is putting the finishing touches on Avenue & Green, its 232-unit luxury multifamily community – with 35 affordable living units, just outside New York City. The enterprise is now 96% leased.
“Sustained leasing velocity reflects the appeal of this one-of-a-kind multifamily product," said Prism’s Robert Fourniadis, Senior Vice President, Residential. "Residents are moving in every day, and the sense of community here is exciting. Add to that a retail component that is really coming together, and the final vision for this property is quickly becoming reality.”
![Living room at Avenue & Green, Prism Capital Partners](/sites/default/files/inline-images/AvenueGreen%20living%20rm%202.jpg)
The transit-oriented development sits adjacent to NJ Transit's Woodbridge train station, at the corner of Rahway Avenue and Green Street – about a 50-minute trip to midtown Manhattan.
RESIDENT LOUNGE HIGHLIGHTS AMENITIES
The community’s thoughtfully curated resident lounge includes comfortable seating, fireplace, bar area, billiards, and a shuffleboard table. A state-of-the-art fitness center and kitchen/catering accommodations add to the lifestyle experience.
![Resident lounge at Avenue & Green, Woodbridge NJ](/sites/default/files/inline-images/Resident%20lounge%2C%20Avenue%20%26%20Green.png)
Outdoors, Avenue & Green offers a resort-style pool and landscaped courtyard with private BBQs, outdoor dining, fire pits and a screening area.
APARTMENTS HAVE 9-FOOT CEILINGS
Avenue & Green features a mix of 40 studios, 108 one-bedroom, 77 two-bedroom, and seven three-bedroom apartments with nine-foot ceilings, luxury plank flooring, in-home washers and dryers, stainless steel appliances, and Calacatta Valentin quartz countertops.
Monthly rents at Avenue & Green start at $1,815 for a studio, $2,000 for a one-bedroom, and $2,695 for a two-bedroom apartment.
![AVENUE & GREEN BEDROOM](/sites/default/files/inline-images/AvenueGreen%20bedroom.jpg)
Residents also have access to laundry rooms on every floor with large-capacity washers and dryers for oversized items, complimentary bike storage, and covered on-site parking.
Located at 10 Green Street, Woodbridge, N.J., Avenue & Green includes 10,500 sf of street-level retail. Two retail leases have been signed – by LeGrand Coffee House and The UPS Store.
![LeGrand Coffee House at Avenue & Green](/sites/default/files/inline-images/LeGrand%20Coffee%20House.png)
PROJECT TEAM FOR AVENUE & GREEN
DEVELOPER/OWNER Prism Capital Partners
ARCHITECT Thomas J. Brennan Architects
HVAC Gavazzi Cooling & Heating
ELECTRICAL Eastern Electrical Engineering
PLUMBING Meli Plumbing
FIRE PROTECTION 24/7 Fire Protection
CONCRETE IBN Construction Corp.
CONSTRUCTION MANAGER Prism Construction Management
![Typical Kitchen at Avenue & Green, Woodbridge, NJ](/sites/default/files/inline-images/AvenueGreen%20kitchen%202.jpg)
ABOUT PRISM CAPITAL PARTNERS
Nutley, N.J.-based Prism Capital Partners is an established leader in the redevelopment and adaptive reuse arena. The privately held owner/operator’s current Garden State projects include Dunellen Station, a mixed-use, transit-oriented apartment community; Wonder Lofts, the industrial-to-multifamily adaptive reuse of the former Wonder Bread factory in Hoboken; and Edison Lofts, the industrial-to-multifamily-and-retail redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange.
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