The city’s overall assessed value was largely unchanged last year, with some marginal decreases in some classes and the largest drop coming in Commercial assessments, which were down less than 2 percent.
Plans for an addition to the Hannum’s Harley-Davidson facility in downtown Rahway will expand the existing West Milton Avenue facility by about a third, possibly by spring.
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.
The hotel and commercial space on the first four floors of Sky View at Carriage City Plaza sold for $5 million early this year.
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.
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 Jersey’s first cat cafe, Rahway Kitty Hall, opened in downtown Rahway, hosting a grand opening earlier this month.