A small town in Northern New Jersey where the population has been declining in recent years could soon contain new multi-phased developments with hundreds of units.
The borough of Lincoln Park in Morris County, just west of Wayne, is set to contain the latest location of the Linden-based Capodagli Property Company’s Meridia developments. The company has been focusing most of its recent residential and mixed-use complexes in suburban areas near train stations. In fact, the site of one of the proposed Meridia projects in Lincoln Park is within a stone’s throw of the Lincoln Park Station on New Jersey Transit’s Montclair-Boonton Line to Newark and Hoboken, and another property is just a few blocks away.
According to a legal notice from the Lincoln Park Planning Board, Meridia Transit Village Lincoln Park, LLC is seeking to build a five-story mixed-use structure with 92 residential rental units at 239, 243-245, and 247 Main Street just east of the borough’s main business district. There would also be a unit for the landlord and the first floor would contain retail and dining space. Currently, the site contains the Town and Country Cat Hospital and several homes.
However, this is not Meridia’s only proposal in Lincoln Park. The Record has reported that a total of 220 units are planned for the municipality and that 20% will be designated as affordable in order to comply with regulations requiring affordable housing. The other development is set to include 128 units in a 2.5-story building a few blocks away near the Keri Memorial Funeral Home and the American Legion.
Borough records show that the projects would mostly include studios and one-bedroom units, with a handful of two-bedroom and three-bedroom apartments.
The company has been planning to develop in the borough for a while, but previous plans have been rejected and have faced community opposition in part because of their proposed size, according to The Record.
