Four lots around Monroe and Essex streets would be developed as a 69-unit apartment complex along the Rahway River under a concept plan presented last week to the Redevelopment Agency.
Continue reading Revised concept across river expands to 69 units
Two of the largest property sales downtown have occurred in the past year (Center Circle and Watt Hotel) but it would seem there’s an uptick in the number of sales of downtown properties, large and small, in the past two years. Continue reading Uptick in downtown property transactions?
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.
Continue reading Concept proposes 174 units at Essex, Clarkson
Riverside Apartments, a 31-unit complex on Dock Street, sold in May for $2.418 million, according to property tax records. The sale included a Main Street commercial space of about 1,000 square feet that houses Main Street Spirits.
Continue reading Dock Street apartment complex changes hands
The microbrewery trend sweeping the Garden State is finally coming to downtown Rahway, possibly before the end of this year.
City Council is scheduled to hold a public hearing before formal approval of the 2015 municipal budget during its regular meeting on Monday night, and here are a few more details from the 44-page document.
A two-building, 196-unit project aims to “create a project that is not just a building but a neighborhood,” enhancing walkability downtown and creating “a sense of there in the middle of Rahway.”
Park Square, the 159-unit rental complex downtown that was purchased last month, reached a tax appeal settlement with the city in October, which reduced its assessment by more than a third.
