Edgewood Country Club
This 185-acre property is currently operated as a private, member-owned, 27-hole golf course and country club facility. In addition to the golf course, the Edgewood site includes a 41,552 square foot clubhouse that was rebuilt and renovated in 2003, six Har-tru tennis courts, a swimming pool and adjacent kiddie pool, play area with jungle gym, snack bar, driving range with 25 hitting stations and locker room facilities.
Unique Value Proposition: From the perspective of a pure land play, a purchaser will control a large tract of land (currently zoned one acre single family) in the wealthiest county in New Jersey at a per acre basis that is a fraction of comparable land sales in the region.
Once in a Generation Opportunity: 185 acres rarely comes available in the densely populated, upper-income communities of northern New Jersey. This unique offering also includes an operating club with a storied tradition and high level of prestige.
Multiple Options to Create and Enhance Value: Implementing operational efficiencies offers the opportunity to significantly improve operating results. Excess land sales and spin-offs can provide a significant reduction in an already compelling investment basis.
Edgewood Country Club is being offered unpriced. Tours will be conducted over the upcoming weeks. The call-for-offers date will be October 23.
An online due diligence database has been established and access will be granted upon execution of a confidentiality agreement.
Please click on the following link to execute a confidentiality agreement