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.
Continue reading A look at assessed value over the past decade
City Council renewed an $80,000 contract with the Union County Performing Arts Center to provide “technical and programming assistance” for downtown events and certain programs offered at the facility.
Competition, geography, demographics. It all adds up to an uphill battle on the supermarket front for Rahway.
There is renewed interest from a developer in the Sky View at Carriage City Plaza building downtown.
The Union County Performing Arts Center (UCPAC) has always been one of the key targets for downtown redevelopment in Rahway.
The Planning Board gave the green light for a five-story, 219-unit rental apartment complex to be constructed on Main Street adjacent to City Hall Plaza, SDI Technologies and Rahway Plaza Apartments.
Continue reading Planning Board OK’s 219 units for Center Circle
The Planning Board is expected to consider an application at its next meeting for the Center Circle property on Main Street. The meeting is scheduled for 7 p.m. on Tuesday and is open to the public.
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.