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Applied Development, Matzel & Mumford partner for new project. (New Jersey).


Two of New Jersey's residential developers are joining forces to create a new community of 283 homes in a resort-like setting along the oceanfront o·cean·front  
n.
Land bordering an ocean: Condominiums crowd the oceanfront.

Noun 1. oceanfront - land bordering an ocean
 in Long Branch, N.J.

The Matzel & Mumford Organization is teaming up with Applied Development Company to develop the Bluffs at Beachfront beach·front  
n.
A strip of land facing or running along a beach.

adj.
Situated along or having direct access to a beach: beachfront hotels; beachfront property.

Noun 1.
 North, 104 seashore-styled townhomes, and the Grand Resorts at Beachfront North, 179 condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 residences.

An onsite information trailer will open Memorial Day Weekend, with sales for the townhomes opening in mid summer at prices starting from $400,000. Preview sales for the condominium residences will open in September at prices starting from $300,000.

In addition, ground will be broken this summer for the Ocean Club, the community's private two-story clubhouse that will feature a fitness center, lounge area, clubroom club·room  
n.
A room used for meetings or activities of a club.

Noun 1. clubroom - a room used for the activities of a club
, and outdoor swimming pool.

The new development is rising on a 15-acre parcel of oceanfront property that was slated for redevelopment by the city of Long Branch. Applied was designated the redeveloper and subsequently brought Matzel & Mumford in to benefit from the company's vast experience and expertise in for sale housing.

"Matzel & Mumford's considerable consumer awareness in this area and it's stellar record of customer satisfaction made it a logical choice for this partnership," said David Barry For the American author and humorist, see .

David Barry (born 30 April 1943) appeared in the LWT sitcom Please Sir and the spin-off series The Fenn Street Gang, as Frankie Abbott, the gum-chewing mother's boy who was convinced he was extremely tough.
, Applied's president.

The Long Branch endeavor is in line with the company's recent focus on creating multifamily developments.

"There's nothing quite like living on the ocean, and we're delighted to be presented with the unique opportunity to offer this incomparable (mathematics) incomparable - Two elements a, b of a set are incomparable under some relation <= if neither a <= b, nor b <= a.  lifestyle to the marketplace," said Roger Mumford, president of the Matzel & Mumford Organization.

"We believe our distinctive architectural designs, well-conceived layouts and pedestrian-friendly community plan in combination with the sensational oceanfront setting will create the area's premier residential address. We look forward to working with Applied to making that vision a reality."

The Bluffs at Beachfront North will feature six distinctive townhome designs, offering two-to-four bedrooms, up to 3-1/2 baths, one- or two-car garages, and from 1,853 to 3,322 SF of living space.

The Grand Resorts at Beachfront North will offer spacious, single-level condominium residences in three elevator access buildings. Seven distinctive designs will feature one-to-three bedrooms, up to two baths, and from 1,075 to nearly 2100 SF of living space.

The new community is the latest sign of a general revitalization re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 of Long Branch's beachfront, which includes the renovation of the Ocean Plaza Conference Resort Hotel and the opening of a new Promenade Beach Club. In addition, construction is underway at Pier Village Pier Village is a multi-use "lifestyle center" located in Long Branch, New Jersey along the Atlantic Ocean. It opened in 2005. History
The land that Pier Village now sits on was originally that of the Long Branch Pier and the Kid's World amusement park.
, an adjacent site that will feature an eclectic mix of shops, restaurants, and entertainment activities amidst a village atmosphere.
COPYRIGHT 2003 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Geographic Code:1U2NJ
Date:May 7, 2003
Words:430
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