From location to desirability, there are many reasons to buy new construction in Bridgewater, NJ. Here’s what you need to know about the new construction market.
Bridgewater as one of the best places to live in the U.S.
Bridgewater landed the 31st spot in Money Magazine’s annual “Best Places to Live in America” rankings in 2020. It was one of just two New Jersey towns to make the coveted list. The magazine cites Bridgewater’s family-friendly environment and proximity to New York City as the main factors for desirability. It also acknowledged Bridgewater-Raritan schools as a huge draw for families with students outperforming their peers on math and reading tests based on state averages.
Bridgewater has a small-town feel that lets residents escape the hustle and bustle of NYC. Despite its laid-back suburban atmosphere however, it offers big city amenities like TD Bank Ballpark, which is the home of the Somerset Patriots, alongside mom-and-pop stores and restaurants to keep residents occupied.
There are several major developments in the pipeline to help the township accommodate steady growth. Major projects include the redevelopment of the Center of Excellence, which stands on the former site of the Sanofi campus along Route 202-206.
The township has allowed for the redevelopment of approximately 30,000 square feet of vibrant retail and restaurant space as well as roughly 300,000 square feet of warehouses. Local leaders have also allowed the development of research facilities, light manufacturing, and medical offices.
Investment firm Lovett Industrial has also acquired Middlebrook Crossroads, an industrial park with high-profile tenants like UPS, SCP Distributors, and Lexus. The firm is expected to breathe new life into the 580,277-square-foot industrial development.
The benefits of buying a new construction home
- New construction homes are turnkey-ready, which means that buyers can move in quickly after closing the deal without having to make major repairs or improvements to the property.
- A new construction home is typically covered by a builder’s warranty, which gives buyers peace of mind. This means that they are unlikely to shell out money for repairs during the coverage period.
- New construction homes are designed to be energy efficient. A newly installed HVAC, energy efficient appliances, and other green features will help buyers keep utility costs down. New construction is also built in compliance with modern building codes and regulations.
- Some newly built homes feature smart home technology. If you want to have a digital keypad and video doorbell for the front door, a new construction home is more likely to have these features built in.
- New construction reflects contemporary design and architectural trends. Buyers won’t need to replace dated countertops or wallpaper.
Find a new construction home with award-winning agents
If you’re looking for a new construction home in Bridgewater, Warren, Basking Ridge, or other nearby communities, Pagnotta Homes is here to assist you. Contact the team at 908.436.7947 or send them a message here. Pagnotta Homes provides access to the finest listings in the area. Get in touch with them for more information.
