Sunrise Senior Living Acquires Development Site in New Jersey for $5M

by Jeff Shaw

MOUNTAIN LAKES, N.J. — Metropolis Property Group has arranged the sale of 1 Bloomfield Ave. in the borough of Mountain Lakes, approximately 30 miles west of Manhattan.

James Ashley “A.J.” Johnston of Metropolis co-represented the buyer, Sunrise Senior Living, in the $5 million sale of the vacant, 4.3-acre property.

Sunrise Development Inc., the development subsidiary of Sunrise Senior Living, plans to build a seniors housing community on the plot. Details on the project were not disclosed.

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