Newmark has been exclusively retained to offer for sale The Plaza Grande at Garden State Park (the “Property”), a premier, luxury garden-style active adult community located in Cherry Hill, New Jersey. The Property consists of 507 units across 16 buildings, encompassing 560,918 square feet, with full completion anticipated in Q1 2025. Strategically positioned within a 350-acre master-planned development, The Plaza Grande offers unparalleled access to Southern New Jersey and Philadelphia’s affluent 55+ demographic.
The Plaza Grande represents a best-in-class, institutionally developed and managed community, featuring luxury finishes, world-class amenities, and thoughtfully designed living spaces. This upscale 55+ active adult community is surrounded by abundant retail, lifestyle amenities, and major demand drivers, ensuring sustained long-term appeal.
The Property boasts an exceptional amenity package, including an 18,500-square-foot clubhouse, indoor and outdoor saltwater pools, pickleball and tennis courts, a golf simulator, sauna and massage rooms, a sports lounge, a movie theater, and more. The combination of premium features, strong market fundamentals, and strategic location offers investors a rare opportunity to acquire the newest multifamily product in a high-demand suburban market. This asset promises long-term stability and core suburban diversification with continued rent
growth potential.
The Plaza Grande at Garden State Park is more than just a home, it provides residents with a vibrant, active lifestyle. With construction nearing completion and the added appeal of a high-end, worry-free living experience, the Property is poised to become the crown jewel of theCherry Hill submarket.
Plaza Grande at Garden State Park in Cherry Hill, NJ, is a 16-building, 507-unit age-restricted/active adult community on behalf of Procida Funding and Advisors.
Deal Highlights