Old Bridge Township, N.J., – 2020 Acquisitions, along with Old Bridge Township Mayor Owen Henry and Council Members, are taking the first swings and putts today at the newly constructed Old Bridge Township Golf Club at Rose-Lambertson (The Rose). The soft opening of the driving range, putting green and high-end miniature golf areas for the public is tomorrow (Sept. 28) and will be followed by the golf course opening in mid-October, marking delivery of New Jersey’s first public course in 25 years and the realization of a 17-year vision held by township officials.
Constructed on Old Bridge Township property, all planning, design, construction and management of the course has been performed by 2020 Acquisitions, which funded the $15+M community project along with $32+M in public infrastructure improvements at no cost to taxpayers.
“As Mayor, I would like to express my appreciation to all who played a role in making this long-awaited golf course a reality,” said Mayor Henry. “Their efforts, along with unwavering dedication, have created a jewel that will provide social and economic benefits for the foreseeable future.”
Known as The Rose, the course is a newly constructed public golf center spanning 218 acres of land owned by Old Bridge Township in New Jersey’s Middlesex County. Constructed in 2023, The Rose features a championship-caliber par-71, 18-hole course; an illuminated 30-bay driving range; and a miniature golf course with lighting, unique water features and varying terrain. Both the driving range and miniature golf venues will be available on a first-come, first-serve basis. More information is available at www.obnjgolf.com.
The opening of these three areas will be followed by a golf course soft opening next month with limited tee-time availabilities. Full tee times will be online starting April 1, 2024 and discounts are being offered to Old Bridge Township residents, active military personnel and seniors.
Designed by New Jersey-based Stephen Kay, whose golf course architecture firm is based in Egg Harbor City, The Rose features a highly unique and custom layout driven by the existence of wetlands and its natural topography. In addition to numerous ponds supporting irrigation and water conservation, another unique component is placement of the 9th hole, which does not return to the clubhouse. Instead, it flows around the 200+-acre property.
The Rose also features a 6,000-SF clubhouse, which houses a pro shop, concession area, cart barn and restrooms; 110 parking spaces; and 5,000-SF maintenance building. Golfers also will have use of electric carts with GPS screens.
Long-Held Vision for Recreational Open Space Materializes
Occupying Old Bridge Township’s Rose and Lambertson Tract Area, located on the north and south side of Lambertson Road, The Rose is nestled within four municipally owned parcels totaling +208 acres of land as well as a triangular parcel near the southwest corner of the Lambertson Tract, spanning 9.96 acres. In a series of transactions, Old Bridge Township utilized New Jersey Department of Environmental Protection Green Acres funds to purchase the Rose and Lambertson Tracts with the expectation of maintaining the property as recreational open space and building a state-of-the-art public golf course as a community amenity for residents.
“Old Bridge Township never wavered in their commitment to achieve this objective, it was just a matter of how and when,” said Efrem Gerszberg, sole principal and CEO of 2020 Acquisitions, a privately held New Jersey-based commercial real estate development and management firm. 2020 Acquisitions is also a managing partner in Titan Golf, a golf course holding company.
“When the opportunity to forge a public-private partnership presented itself, the township’s Redevelopment Agency named 2020 Acquisitions – which has extensive experience in developing and managing golf courses – as redeveloper of the Rose Lambertson Tract,” added Gerszberg. “We welcomed the chance to work with Mayor Henry, the township council and community leaders and share in their excitement as we celebrate the delivery of The Rose, a community gathering and recreational place for people of all ages who live in Old Bridge Township.”
2020 Acquisitions’ involvement in constructing The Rose is an extension of the firm’s off-tract improvements associated with the Route 9 Redevelopment Area, where the firm is constructing Central 9 Logistics Park. Located on Jake Brown Road in Old Bridge Township, the warehouse/industrial campus will consist of nine buildings and 4.2MSF, being built in three phases. Expected completion for the first phase is 2024. ###
About 2020 Acquisitions
2020 Acquisitions is a privately held commercial real estate development and management firm with a focus on +15MSF of Class-A industrial/warehouse properties spanning the Northeast. Other project highlights include a media-studio campus, private golf courses and residential developments.