Wolf Commercial Real Estate (“WCRE”) is delighted to announce that they have been appointed the exclusive listing agent for a prime 60-acre development site located at Exit 45 of Route 55 in Elk Township, New Jersey. This strategic property offers a significant opportunity for mixed-use development in a rapidly expanding area.
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The site is in close proximity to a large-scale residential project, sections of which were recently acquired for development by D.R. Horton. This project will eventually include nearly 2,000 new homes across multiple communities:
Recently acquired soon to be developed communities are:
- Sterling Preserve – 35 Single family detached homes
- Sterling Glen – 161 Single family detached homes
- The Reed Apartments – 276 garden style apartment homes
- Orchard Glen – 686 Active adult single family attached and detached homes
Soon to be approved communities are:
- Sterling Glen, Sterling Fields and Sterling Meadows – 387 Single family attached and detached homes and 96 Apartment homes
Future development includes additional single family detached homes and apartment homes.
With the influx of new residents, the demand for retail, dining, and other commercial services will surge, positioning WCRE’s 60-acre listing as an ideal site for mixed-use development. Situated at the Exit 45 interchange of Route 55, this property boasts exceptional accessibility and visibility, making it a prime opportunity for developers seeking to capitalize on the area’s growth.
About The Quaker Group
Founded in 1952, The Quaker Group is a family-owned real estate development and property management firm. With a focus on residential and mixed-use projects, the company has played a key role in shaping dynamic communities throughout the region.
About D.R. Horton
D.R. Horton, “America’s Builder,” has been constructing quality homes since 1978 and is the nation’s largest homebuilder. The company is dedicated to developing thriving communities with diverse housing options to accommodate various lifestyle needs.
About WCRE
Wolf Commercial Real Estate (WCRE) is a premier commercial real estate firm specializing in office, retail, medical, industrial, and investment properties across Southern New Jersey, Greater Philadelphia, and the New York Metro area. WCRE provides a full range of brokerage and advisory services, ensuring superior results for its clients.
