WALL TOWNSHIP — The planning board this week approved a plan for a 296-unit multi-family townhouse community, to include 68 affordable housing units, to be built at 4898 Megill Road and 1452 Route 34.
The new development will include 29 buildings, a clubhouse with pool, site improvements and a new municipal water tower. The parcel is 47.25 acres and zoned as AH-7, for affordable housing.
Testimony at the Monday night hearing was provided by representatives of the applicant, Wall 34 Realty LLC, including from professionals, real estate development company Veris Residential, architectural company Toll Brothers and Colliers Engineering and Design.
On Monday, in the third hearing for this application, Wall 34 Realty addressed concerns that carried the application until now, including the debate surrounding the use of vinyl siding and coloring of the various building elevations.
During the previous meeting, Planning Board Chairman Richard Wonsala and fellow board members did not like that the proposed material for the sidings was vinyl. However, Wall 34 Realty was unwilling to compromise.
The Planning Board had further concerns about the proposed white coloring of the siding and indicated that a darker and warmer color would better fit the community’s aesthetic. In the end, Wall 34 Realty agreed to modify the siding to a color that the board planner would approve.
David Fultz, vice president of Toll Brothers New Jersey, previously told The Coast Star that the market-rate townhouses will cost around $750,000 but called the price a “moving target” based on market demands. Toll Brothers provided no further indication of pricing.
Although the ordinance states that at least 50 percent of the units must be for sale, Wall 34 Realty indicated that none of the units would be rentals.
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