Skip to content

A town square for an unsquare town

redbankgreen

Standing for the vitality of Red Bank, its community, and the fun we have together.


Our community pillars help us carry out our 100-Year Vision

Check it out

Non-profit Organization

Red Bank River Center

The Red Bank River Center promotes local merchants, recruits new businesses, stages vibrant downtown events, and beautifies our streetscapes.

Learn More
organization-banner
organization-banner

RED BANK: SAXUM HEARING POSTPONED

red-bank-saxum-176-rendering-083121-500x281-2520678A rendering of Saxum’s planned project at Riverside Avenue and Bodman Place. (Click to enlarge)

By JOHN T. WARD

hot-topic_03-220x138-220x138-7378486Opponents of a potential tax deal for a massive proposed development in Red Bank may have to cool their heels until October to challenge the first step in the process.

The continuation of a planning board hearing to review a possible “area in need of redevelopment” designation for properties owned by Saxum Real Estate and others won’t resume until October 4.

The hearing began August 16, and was adjourned after two hours with residents waiting to be heard to September 22. But that session has now been postponed due to a conflict with the borough council’s schedule, board secretary Maria Graziano tells redbankgreen.

At issue is a possible zone reclassification for a cluster of properties near the Route 35 Cooper’s Bridge, including the former Visiting Nurse Association headquarters, at Riverside Avenue and Bodman Place. Two vacant gas stations are also included in the so-called “study area.”

Saxum, which now owns VNA site, obtained planning board approval in December, 2019 board to build 210 apartments there, including 32 units reserved for low- and moderate-income earners.

The developer now wants its zoning designation changed to an “area in need of redevelopment” under state law, from an “area in need of rehabilitation.”

The planning board’s review is solely to determine “if the proper criteria have been met” to allow for a redesignation, not to weigh in on tax issues, board chairman Dan Mancuso said.

If approved by the council, a new designation would make Saxum’s 3.2-acre site, and others in the study area, eligible for tax relief in the form of a payment in lieu of taxes, or PILOT.

PILOTs generally call for tax exemptions for a specified period, up to 30 years, on site improvements. Instead, beneficiaries make specified “in lieu of” payments that, unlike standard levies, the town would not have to share with school districts.

(Contrary to assertions published elsewhere, Saxum does not have a five-year tax waiver under the current designation, borough officials tell redbankgreen. The firm pays about $50,000 per quarter in property taxes, and payments are current, according the borough tax office.)

No residents who got to the mic at the August 16 hearing spoke in favor of the change, and one board member made plain his opposition. Democratic council candidate Jacqueline Sturdivant has voiced opposition, as has current council member Michael Ballard. Saxum’s bid has also given rise to a blitz of lawn signs around town calling for rejection of a PILOT.

Meantime, the council plans to hold back-to-back workshop and regular meetings Wednesday night via Zoom starting at 6:30 p.m. Neither the zoning nor tax issue appear on the agenda for either session. Access and participation details can be found here.

Remember: Nothing makes a Red Bank business owner happier than to hear "I saw your ad on Red Bank Green!"
Partyline
HOME DELIVERY
RED BANK: After a subdivision, an instant house rises on a new Catherine Street lot.
COMMUNITY PROFILES
For Black History Month, Red Bank's Community Engagement and Equity Advisory Committee has been running a series of local profiles on Facebo ...
HEARTY FAREWELL FOR HARDY
RED BANK: Council to honor DPU supervisor Rich Hardy, who retired recently after almost 39 years of keeping things running.
HOMEBOUND? READ ON…
RED BANK: Can't get to the public library? It's now offering free delivery and pickups for homebound borough residents.
TAMING A BEAST OF A WEEK
RED BANK: After the second snowfall of the week, a borough family finds the perfect use for it – a Godzilla snow sculpture.
RED BANK: LIBRARY CLOSED, BUT THE HILL’S OPEN
RED BANK: Though the library was closed by a snowstorm, kids got to enjoy the riverfront property's steep slope Tuesday.
LIGHT(HOUSE) MAKEOVER
This year, getting ready for spring means a midwinter makeover for Strollo's Lighthouse in Red Bank.
TODAY: LOCAL PUPPY COMPETES ON ANIMAL PLANET’S “PUPPY BOWL”
Red Bank’s very own rescue puppy, Biscuit, is set to compete in Animal Planet’s Puppy Bowl this Sunday, February 11, at 2 PM. Th ...
WHAT? NO redbankgreen NEWSLETTER?
Apologies to redbankgreen newsletter subscribers: the daily email hasn’t gone out for two days because of technical issues.
RED BANK: TIRED OF SKEETERS?
RED BANK: Tired of mosquito bites every summer? Monmouth County has a free program to help eliminate skeeter breeding grounds.
SEA BRIGHT: POLAR PLUNGE FOR ST. JAMES, OTHERS
Hundreds braved the wind and sea on Sunday at 1PM in support of St. James Elementary School, and other Catholic schools in the area. The eve ...
RED BANK: RBR CLAIMS TITLE
RED BANK: Watch pure joy as the RBR boys basketball team celebrates its first B North championship in 17 years.
RED BANK: FORGET-IT FRIDAY
RED BANK: Train Station can be a lonely place Friday mornings, especially with cold rain in the forecast.
RED BANK: CROONING YOUR LOVE
RED BANK: Imagine a quartet of impeccably dressed gentlemen showing up at your beloved's workplace, singing of your love.
RED BANK: BLACK RIVER ROLLS ON
RED BANK: A 68-year-old rail freight engine can still be counted on to draw a trainspotting fan or two when it rolls through town.
RED BANK: ‘MONDAY SWEAT’ MEETS
RED BANK: Joined by the Hazlet Running Club, members of the Red Bank Run Club met for their "Monday Sweat" at Count Basie Field.
RED BANK: CARD SALE BOOSTS GYM DRIVE
RED BANK: Charter School Foundation offers student-deisgned Valentines cards to help raise funds for a gymnasium.
RED BANK: LOVE IS IN THE… WINDOW
RED BANK: Up next: Valentine's Day, and Partyline finds the Red Bank Chocolate Shoppe getting ready for a surge of love and craving.
CLOSING THE BOOK ON A GREAT CAREER
The Red Bank mayor and council honored with a resolution Linda Hewitt (in red) on her retirement from the Red Bank Public Library at Thursda ...
RED BANK: RAIL COMMUTER’S VIEW
A commuter's view of the Route 35 Cooper's Bridge over the Navesink River, as seen from North Jersey Coast Line train 3320 out of Red Bank F ...