
Donald M. Pepe
Partner
732-568-8370 dpepe@sh-law.comFirm Insights
Author: Donald M. Pepe
Date: October 14, 2019
Partner
732-568-8370 dpepe@sh-law.comGov. Phil Murphy recently announced that the state’s Economic Development Authority will partner with NJ Transit to redevelop land surrounding New Jersey’s train stations. The new initiative should result in many new opportunities for New Jersey businesses.
“Transit-oriented development and encouraging smart growth is one of the centerpieces of Gov. Murphy’s economic strategy,” Tim Sullivan, the CEO of the EDA, said. “The governor’s plan advances NJ Transit’s continuing efforts to promote economic growth in the state while increasing non-fare box revenue for the agency,” Nancy Snyder, a spokeswoman for NJ Transit, added.
Under the plan, parking lots and other property located in close proximity to rail stations would be converted into mixed-use developments containing housing and retail businesses. The idea is to establish “villages” that spur economic activity in areas that are currently underutilized.
According to the Murphy Administration, the state plans to prioritize development around stations in Newark, Trenton, Metro Park, Jersey City, and Paterson. NJ Transit has separately targeted locations in Bordentown, Bound Brook, Camden, and Hoboken. The EDA has yet to release any information about the size of the lots and how much housing and retail space could be built. Issues regarding zoning, housing density, and the establishment of additional transit services near the properties will be addressed on a project-by-project basis, according to officials from NJ Transit and the Murphy Administration.
While this is the first time that the State of New Jersey has officially targeted transit redevelopment, it is not a new idea. In support of the initiative, Sullivan cited similar redevelopment projects on property owned by New York’s Metropolitan Transportation Authority (MTA).
In New Jersey, several local municipalities have also worked with NJ Transit. The Link at Aberdeen Station, which was the result of a partnership between NJ Transit, Aberdeen Township and the developer, opened in 2018. It features apartments, stores, restaurants and walkable access to the Aberdeen-Matawan Station.
This summer, the city of Bayonne and NJ Transit announced they are partnering on a redevelopment project that will involve the construction of multi-unit mixed-use building on what is now part of the parking lot of the 34th Street Hudson-Bergen Light Rail station.
In Somerville, a developer purchased 11 acres of land from NJ Transit, which will serve as the site for a Somerset Station transit village. The project is slated to include 370 apartments, 156 townhouses, 4,000 square feet of retail space, two parking garages, and a new road connecting Route 206 with the Raritan Valley Line rail station.
Given that the Murphy Administration has stated that it plans to act quickly, we expect that the EDA and NJ Transit will announce additional details shortly, including the publication of Requests for Proposal/Qualifications/Bids.
For businesses that are interested in transit-oriented design developments, we encourage you to work with a knowledgeable New Jersey land use attorney who can guide you through every stage of the process, from proposal to construction.
If you have any questions or if you would like to discuss the matter further, please contact me, Donald M. Pepe, or the Scarinci Hollenbeck attorney with whom you work, at 201-806-3364.
This article is a part of a series covering New Jersey’s new initiative to redevelop areas near public transit centers. Additional installments from the series are listed below:
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
The Trump Administration’s new tariffs are having an oversized impact on small businesses, which already tend to operate on razor thin margins. Many businesses have been forced to raise prices, find new suppliers, lay off staff, and delay growth plans. For businesses facing even more dire financial circumstances, there are additional tariff response options, including […]
Author: Brian D. Spector
Business partnerships, much like marriages, function exceptionally well when partners are aligned but can become challenging when disagreements arise. Partnership disputes often stem from conflicts over business strategy, financial management, and unclear role definitions among partners. Understanding Business Partnership Conflicts Partnership conflicts place significant stress on businesses, making proactive measures essential. Partnerships should establish detailed […]
Author: Christopher D. Warren
*** The original article was featured on Bloomberg Tax, April 28, 2025 — As a tax attorney who spends much of my time helping people and companies who have large, unresolved issues with the IRS or one or more state tax departments, it often occurs to me that the best service that I can provide […]
Author: Scott H. Novak
On January 28, 2025, the Trump Administration terminated Gwynne Wilcox from her position as a Member of the National Labor Relations Board (NLRB or the Board). Gwynne Wilcox, a union side lawyer for Levy Ratner, was confirmed to the Board for an original term in 2021 and confirmed again for a successive five-year term expiring […]
Author: Matthew F. Mimnaugh
Breach of contract disputes are the most common type of business litigation. Therefore, nearly all New York and New Jersey businesses will likely have to deal with a contract dispute at least once. Understanding when to file a breach of contract lawsuit and how long you have to sue for breach of contract is essential […]
Author: Brittany P. Tarabour
Closing your business can be a difficult and challenging task. For corporations, the process includes formal approval of the dissolution, winding up operations, resolving tax liabilities, and filing all required paperwork. Whether you need to understand how to dissolve a corporation in New York or New Jersey, it’s imperative to take all of the proper […]
Author: Christopher D. Warren
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!