The total taxable value of Rahway properties grew last year by $4.5 million, or 0.32 percent, with the industrial class inching up for the first time in years while residential assessments increased their share of assessments to a recent high of almost 68 percent of the city’s value.
Tag Archives: industrial
Planning Board approves addition to West Lake Avenue warehouse
The Planning Board granted approval to build an addition onto a West Lake Avenue industrial warehouse.
Continue reading Planning Board approves addition to West Lake Avenue warehouse
Agency renews East Inman Avenue lease
The Redevelopment Agency renewed a one-year lease on a vacant lot being used for storage.
Planners to study industrial area
A planning firm will examine study an industrial area of Rahway near the Woodbridge border to determine whether it’s in need of redevelopment.
Merck plans changes to Rahway campus
The Planning Board will investigate the 19 properties owned by Merck to determine if they qualify for redevelopment as the pharmaceutical giant plans to move its global headquarters within the next three years.
Merck to consolidate global HQ in Rahway
Merck plans to consolidate its New Jersey locations and make the Rahway campus its global headquarters by the end of 2023.
Abstract of ratables, 2019
The city’s overall assessed value was up slightly, about 0.21 percent, or more than $3 million, from 2018 to 2019.
Industrial property sold for $19.5 million
A New Brunswick industrial property that settled a five-year tax appeal in 2016, has sold for almost $20 million.