the staff of the Ridgewood blog
Hackensack NJ, more development coming to downtown Hackensack. Five properties near the Anderson Street train station have been sold to a developer who plans to build multifamily housing on the adjacent lots.
The properties, currently the site of several single-family homes, span 30,800 square feet and are about a block away from the NJ Transit Station on the Pascack Valley Rail Line .
The site is currently zoned for medium-density multifamily and offices. The new owner plans to redevelop the properties at 75, 77 and 81 Linden St. and 80 and 84 Vanderbeck Place into a new residential community, said Anthony Cassano of NAI James E. Hanson, the commercial real estate firm that negotiated the sale for an undisclosed amount.
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First they will get a gigantic tax abatement.
Yes our state has massive tax advantages incentivizing building within walking distance to train stations. This is happening in every town with a train station.
Yeah baby. It’s happening here and in HHK too. NYC here we come. We will all soon enjoy the many wonderful things of city life. God speed.