The Hampshire Cos. has plans to develop 175 Morris St., an 85-unit apartment community located in Morristown, N.J.
JLL Capital Markets arranged $28.48 million in construction financing.
The units of the four-story 175 Morris St. will feature stainless steel appliances, engineered wood flooring in living rooms, tiled bathrooms, quartz/granite countertops, in-unit washers and dryers, and a split system heating and cooling system. The property will include modern amenities such as a fitness center, co-working space and 610 square feet of retail space for a café.
The community is less than a five-minute walk to the Morristown train station, which provides direct access to NY Penn Station via the NJ Transit rail. This location offers proximity to I-287 and Route 24, allowing convenient commutes to local employment hubs such as Florham Park, Madison, Parsippany, Short Hills, MetroPark and Newark. The community is only five minutes from Morristown Medical Center and l
