A new property development application was turned in for River Commons, a new apartment complex located near the corner of Newbridge Road and River Road, at Teaneck’s border with New Milford and Hackensack. The Teaneck Board of Adjustment will discuss the application at its February 25 meeting. The property has already been zoned for residential/mixed use.
The property is owned by Red Real Estate; the long-time owner is developing the property. Part of the property at 746 Teaneck Road was previously rented by the Teaneck Tractor repair shop, and has been abandoned in recent years. The property size is 10,931 square feet.
The location of the property is within close walking distance to Congregation Keter Torah at 600 Roemer Avenue, and in close proximity to the picturesque Hackensack River, as well as local shopping amenities in New Milford and Hackensack.
Councilman Mark Schwartz, who is also JLNJ’s co-publisher, said this project is unique in that it will serve an area of town that has no current multi-family options, yet close to mass transportation and houses of worship. “It will further diversify our housing options and continue our push, yet again, to reduce the tax burden on homeowners,” he said.
The current application is for a three-story apartment complex, encompassing 19 apartments or condominiums on the second and third floors, with five retails spaces on the ground floor. The complex will have 75 parking spaces and the parking lot will have three entry/exit points, one on River Road and two on Newbridge Road.
Keith Kaplan, a member of Teaneck’s planning board, told The Jewish Link that the board is tasked with looking for the highest and best use of a particular property. “Right now, that means an appropriate and measured response to demographic and economic changes over the past several decades, which have created a need for additional residential space,” he said. “This is an area which is currently in need of these residential options, while commercial properties have struggled to find tenants.”
The engineer is French and Parrello. At least two previous projects have been proposed for this property in past years, but have not proceeded for a variety of reasons.
By Elizabeth Kratz