City Council approved another multi-year tax appeal settlement with a local motel chain, resulting in an average tax refund of 17 percent over four years, with a 2019 reduction yet to come.
Continue reading Tax appeal settled with another Route 1 motel
The settlement of a multi-year tax appeal will result in a 31-percent refund on four years of property taxes for a local hotel while appeals on two other years were withdrawn.
Continue reading Tax appeal settlement nets 30-percent refund
An industrial property just off Routes 1&9 near the Linden border won a state tax appeal judgement covering five years and more than $35,000 – roughly 11 percent of its tax bill. Continue reading Industrial parcel wins 11 percent tax appeal
A Brooklyn company is moving into an industrial building that was acquired adjacent to Routes 1&9, according to multiple reports.
A former furniture store property on Route 1 changed hands earlier this year for the first time in more than 12 years, selling for $1.775 million.
Continue reading Former furniture store building on Route 1 sold
The Rahway Arts District (RAD) split its executive director position and plans to expand the Board of Trustees to include representation beyond its downtown boundaries.
The average property within an expanded, citywide Special Improvement District (SID) would pay about $1,437 in taxes to the SID, but the average among industrial properties and apartments would be nearly twice as high as commercial properties.
Continue reading Breakdown by property of expanded citywide SID
A group of property owners is taking their fight over expansion of the downtown Special Improvement District (SID) to court.