Rahway’s overall assessed value is about 7 percent off since the recession with assessed values of apartments and industrial properties heading in opposite directions while commercial assessments are almost back to pre-recession levels.
Competition, geography, demographics. It all adds up to an uphill battle on the supermarket front for Rahway.
Rahway’s total taxable value nudged up slightly last year, highlighted by a sharp increase in apartment assessments thanks to a new building on the tax rolls, and a dip among industrial property due to lower assessments on Merck properties.
Here are the top 10 most viewed posts from 2016, based on view of the individual blog pages (not including the number of views of the site’s home page):
A series of improvements are in the works at Sky View at Carriage City Plaza, including a new, separate hotel lobby entrance, kitchen and bar service, and rooftop deck.
Two vacant economic development positions will be combined into one and shared between the city and Special Improvement District (SID).
Here’s a quick look at some retail and commercial turnover around town in the third quarter of 2016 (and then some):
The Planning Board unanimously approved a minor site plan and variances that will allow improvements to the exterior of a St. Georges Avenue building and reconfigure its parking area.