Almost 1,500 new residential units have been constructed in Rahway over the last 15 years, including more than 1,000 downtown, with another 1,000-plus in the works — either approved and not yet begun or presented as a concept plan.
A concept plan presented to the Redevelopment Agency last week proposed a two-building, 174-unit rental complex that would reconfigure on-street parking across the river from downtown.
New Church Street has been transformed in recent weeks with the demolition of nine homes, including six along the west side of the street.
Almost 20 Rahway properties have been acquired in the last six months through the state Department of Environmental Protection (DEP)’s Blue Acres program, with demolition forthcoming as part of local flood-mitigation efforts.
An Essex Street industrial warehouse on the outskirts of downtown won a tax appeal totaling about a quarter of its tax bill for two years.
At least 30 homes have been identified for acquisition by the state for flood control efforts along the Rahway River watershed.
There are more than 300 residential properties on the city’s foreclosure registry, as of Sept. 1, including almost 100 vacant properties.
A sheriff’s sale on unsold units at Riverwalk originally scheduled last month has been postponed until April 11. Redevelopment Agency attorney Frank Regan briefed commissioners on the sale at their meeting last month.