Real Estate

Groundbreaking for New Transit Village at Aberdeen-Matawan Train Station

The development will consist of 1- and 2-bedroom rentals, street-level retail, an outdoor pool and fitness center. Scheduled to open in 2018

Aberdeen, NJ - Aberdeen Mayor Fred Tagliarini, members of the Township Council broke ground last week on a new mixed-use retail/residential development that will be built just steps from the Aberdeen-Matawan train station.

Located at the intersection of Atlantic Avenue and Harrison Street, the development, which does not yet have a name, will consist of five residential buildings, totaling 227 one- and two-bedroom rental apartments and street-level retail space. The complex will include a lounge, state-of-the-art fitness center and an outdoor pool.

The development is expected to completed in the second quarter of 2018, and it's part of Aberdeen Township's plan to redevelop a 20-acre site on its side of the Aberdeen-Matawan rail station into a transit village. U.S. Congressman Frank Pallone (D), who represents Matawan-Aberdeen, was also present at the ceremonial groundbreaking.

Find out what's happening in Matawan-Aberdeenfor free with the latest updates from Patch.

"This redevelopment will replace an unproductive eyesore with an attractive residential and retail village," said Mayor Tagliarini. "It would have minimal impact on traffic and our schools, fulfill demand from young commuters and others seeking luxury rentals within walking distance of the station, introduce new retail, restaurant and service businesses to serve commuters, and create a pleasant outdoor dining environment.”

The development will be built in accordance with the guidelines set forth by the New Jersey Department of Transportation and the state’s Transit Village Task Force.

Find out what's happening in Matawan-Aberdeenfor free with the latest updates from Patch.

Photo: From left to right: Thomas A. Arnone, Monmouth County Freeholder Director; Jim Smith, Principal of Highview Homes; Frank Pallone, U.S. Representative (NJ); Fred Tagliarini, Mayor of Aberdeen Township; Jeffrey A. Nadell, Senior Director of Real Estate & Economic Development for NJ TRANSIT; Gerard P. Scharfenberger, Mayor of Middletown Township; Jonathan Schwartz, Principal of BNE Real Estate Group; David Pantirer, Executive Vice President of BNE Real Estate Group; Marc Pantirer, Executive Vice President of BNE Real Estate Group.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Matawan-Aberdeen