Tag: #AffordableHousingNJ

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Showdown in Saddle River: Rosie O’Donnell Estate Housing Plan Sparks Controversy in 2025

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the staff of the Ridgewood blog

Saddle River NJ, on September 9, 2025, Saddle River, NJ, will reignite a heated debate over affordable housing as public hearings begin for the East Allendale Road plan, previously known as the Rosie O’Donnell estate. Now led by developer Toll Brothers, the revised proposal for 115 E. Allendale Road aims to build 54 townhouses, including eight affordable units, but faces lingering opposition from residents over traffic, safety, and design concerns. Here’s the full story behind this contentious project, its history, and what’s at stake for this affluent Bergen County borough.

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New Jersey Increases “Mansion Tax” and Shifts Payment Burden to Sellers: What Homeowners Need to Know

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the staff of the Ridgewood blog

Ridgewood , NJ — As part of the newly passed $58.78 billion FY 2026 New Jersey state budget, major changes are coming to the state’s real estate tax structure — particularly the “Mansion Tax.” The revamped policy will increase taxes on high-end property sales and shift responsibility from buyers to sellers, significantly impacting the state’s luxury real estate market.

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Wesmont Station Redevelopment in Wood-Ridge: $47.5M in State Funds, a Revived Borough, and Ongoing Questions

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the staff of the Ridgewood blog

WOOD-RIDGE, NJ — Once the site of a 138-acre aircraft engine assembly plant owned by Curtiss-Wright Corp, the land now surrounding the Wesmont Train Station has been transformed into one of Bergen County’s most ambitious redevelopment success stories. With state funding totaling $47.5 million, a new NJ Transit stop, and thriving residential, recreational, and educational amenities, the borough of Wood-Ridge has reinvented itself—though not without controversy.

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Franklin Lakes Development Update: SHG Acquires 88 Acres, Affordable Housing Plans Still Unclear

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the staff of the Ridgewood blog

Franklin Lakes NJ,  a major land deal has officially closed in Franklin Lakes, but questions remain about when construction will begin on proposed housing developments.

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