Tag Archives: retail

Tax appeal refund approved for hotel, commercial space

A tax appeal settlement with the previous owner of Carriage City Plaza’s hotel and commercial space totaled a refunded of almost $116,000, representing about a 17-percent reduction on property taxes for 2013 through 2016.

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Downtown hotel, retail space goes for $5 million

The hotel and commercial space on the first four floors of Sky View at Carriage City Plaza sold for $5 million early this year.

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Demolition under way at future Wawa site

Demolition began late last week on the former Power & Fitness building, about 50 weeks after the St. Georges Avenue site was approved for a new Wawa convenience store and gas station.

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Former gym, future Wawa site sold for $2.3m

The former Power & Fitness gym property on St. Georges Avenue, approved last summer for development as a new Wawa, sold for $2.3 million in the spring.

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Concept proposes 174 units at Essex, Clarkson

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.

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Rahway Kitty Hall among new downtown tenants

New Jersey’s first cat cafe, Rahway Kitty Hall, opened in downtown Rahway, hosting a grand opening earlier this month.

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A look at assessed value over the past decade

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.

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A look at total assessment, 2015-16

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.

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