Slated for completion at the end of the year, Southbank at the Navesink has already sold half of its waterfront condominiums.
On May 10, Denholtz Properties announced the sale of the first five residences at the four-story, 10-unit project located at 4 Boat Club Court in Red Bank—with its panoramic views of the Navesink River easily observed through floor-to-ceiling glass windows.
The project broke ground seven months ago, but homebuyers like Anthony Locascio have been looking for something like it longer than that.
“I’ve been waiting patiently for a property like this to become available in Red Bank,” said Locascio, who is one of the first to purchase a condominium at Southbank at the Navesink, said in a statement. “My dream home had to have three things: an unbelievable view of the Navesink River, central location in one of New Jersey’s most desirable towns and was built with meticulous attention to detail. The Denholtz Properties team gave me all three via my new home, Southbank at the Navesink.”
According to Denholtz, the property is set to offer two- and three-bedroom homes with open floor plans, upscale finishes and modern designs. Four duplex penthouses will top the building, each offering more than 2,935 square feet of interior living space along with private terraces and courtyards. Underneath will be six single-floor options, ranging from 2,142 square feet to 2,496 square feet.
Deborah James of Heritage House Sotheby’s International Realty serves as exclusive realtor for the property. “Our immediate sales success at Southbank at the Navesink speaks to the broad appeal of this truly one-of-a-kind property,” she said.
Located near Front and Broad streets, residents can take advantage of downtown Red Bank, where Denholtz has its headquarters. Next to that is The Rail at Red Bank, a 57-unit mixed-use community that will open later this spring.
“Projects like Southbank at the Navesink and The Rail at Red Bank are emblematic of our approach to real estate development,” Denholtz Properties CEO Steven Denholtz said. “Looking beyond simply constructing buildings, we aim to create experiences that are unmatched in their local markets and enhance the surrounding community. I am proud to say we have accomplished that goal with these transformative projects, and we look forward to welcoming residents throughout this year.”