Project Summary: 2nd & Sloan St. RedevelopmentA mixed-use development with up to 81 residential units and ground floor community space located at 8 Second Street (2nd & Sloan St.).
The Sloan Street Redevelopment Area is only comprised of one property located at 8 Second Street, which forms the western border of Block 1905, parallel to the New Jersey Transit commuter train line. The parcel is a corner lot with three frontages: Second Street, Third Street, and Sloan Street.
By the Numbers
PILOT – A proposed PILOT agreement is being negotiated
Village Contribution - TBA
Community artist and makers workspace
Affordable Housing Component: Minimum of 20% of units shall conform with the Village’s Affordable Housing Ordinance.
None of the required Affordable Housing component may be located off-site.
Affordable units shall not be concentrated to one residential floor or have separate entrances from the market rate units.