flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

An industrial ‘eyesore’ is getting new life as an apartment complex

Multifamily Housing

An industrial ‘eyesore’ is getting new life as an apartment complex

The project, in Metuchen, N.J., includes significant improvements to a nearby wildlife preserve.


By John Caulfield, Senior Editor | May 12, 2023
Rendering of Class A apartment building in Metuchen, N.J, that replaces a factory-warehouse.
A Class-A apartment building will replace a factory-warehouse that's been closed for decades in Metuchen, N.J. The developer is paying for this redevelopment through an incentive program that will provide the municipality with investment capital for infrastructure improvements. Image credit: Klein Enterprises

Last month, the demolition of a dilapidated warehouse/factory in Metuchen, N.J., commenced to make way for an apartment complex with 272 Class A studio, one-, two-, and three-bedroom units.

The multifamily community redevelopment is being spearheaded by Klein Enterprises, a 75-year-old firm with nearly 60 assets in its portfolio. Last year, Klein acquired the Gulton factory as part of the development parcel that is adjacent to a 30-acre wildlife preserve. It made that acquisition under the PILOT incentive program, which allows the developer to make payments to the borough in lieu of taxes based on the project’s revenue. Over the 30-year agreement, it is estimated that Klein Enterprises will pay $20 million. The borough would receive 95 percent of the PILOT revenue.

This project will provide Metuchen—a bedroom community that’s a 45-minute train ride from New York City—with millions of dollars to invest in infrastructure. Prior to the start of the factory demolition, the property had already undergone a $10 million environmental remediation that included the planting of 3,000 trees. (The land is bounded on the west by a borough-owned woodland within the wildlife preserve, which will receive $1 million of Klein’s PILOT payments earmarked for improvements that include a network of trails and paths, more open space, and access and parking for a new nature preserve.)

A solution after years of discussion

The apartment complex is expected to take 24 months to complete by the fall of 2025. Fifteen percent of the units will meet New Jersey’s affordable housing requirements. Six of the apartments, all on the ground floor, will be one-bedroom live-work homes.

The community’s interior design will honor artists, literary figures, and intellectuals who brought culture and the arts to Metuchen in the 1800s. The project is also pursuing green initiatives that include a partial green roof, large solar array, electric car charging stations, LED lighting, and a pollinator garden. Other amenities will include a dog park, pool, and community garden.

The site of the apartment complex is located at 212 Durham Avenue. Metuchen Realty Advisors, which acquired the land in 1986 and did the environmental cleanup, sold a piece of the land to Middlesex County, and will transfer the remaining open space after the community is completed. This land is adjacent to the planned expansion of the popular Middlesex County Greenway linear park.

Metuchen Mayor Jonathan M. Busch was quoted as stating that discussions about how to redevelop this industrial site had been ongoing for decades. (The Borough designated the Gulton property as an area in need of development in 2015.) The redevelopment, he stated, “enable[s] us to open the largest recreational space in Metuchen, fund a variety of important infrastructure projects, and help protect our environment, all while providing our community with new housing options.”

The apartment complex is located near Metuchen’s train station, and will be within walking distance to the borough’s downtown.

Related Stories

MFPRO+ News | Apr 15, 2024

Two multifamily management firms merge together

MEB Management Services, a Phoenix-based multifamily management company, and Weller Management, a third-party property management and consulting company, officially merged to become Bryten Real Estate Partners—creating a nationally recognized management company.

Mixed-Use | Apr 13, 2024

Former industrial marina gets adaptive reuse treatment

At its core, adaptive reuse is an active reimagining of the built environment in ways that serve the communities who use it. Successful adaptive reuse uncovers the latent potential in a place and uses it to meet people’s present needs.

MFPRO+ News | Apr 12, 2024

Legal cannabis has cities grappling with odor complaints

Relaxed pot laws have led to a backlash of complaints linked to the odor emitted from smoking and vaping. To date, 24 states have legalized or decriminalized marijuana and several others have made it available for medicinal use.

MFPRO+ News | Apr 10, 2024

5 key design trends shaping tomorrow’s rental apartments

The multifamily landscape is ever-evolving as changing demographics, health concerns, and work patterns shape what tenants are looking for in their next home.

Mixed-Use | Apr 9, 2024

A surging master-planned community in Utah gets its own entertainment district

Since its construction began two decades ago, Daybreak, the 4,100-acre master-planned community in South Jordan, Utah, has been a catalyst and model for regional growth. The latest addition is a 200-acre mixed-use entertainment district that will serve as a walkable and bikeable neighborhood within the community, anchored by a minor-league baseball park and a cinema/entertainment complex.

Multifamily Housing | Apr 9, 2024

March reports record gains in multifamily rent growth in 20 months

Asking rents for multifamily units increased $8 during the month to $1,721; year-over-year growth grew 30 basis points to 0.9 percent—a normal seasonal growth pattern according to Yardi Matrix.

Industry Research | Apr 4, 2024

Expenses per multifamily unit reach $8,950 nationally

Overall expenses per multifamily unit rose to $8,950, a 7.1% increase year-over-year (YOY) as of January 2024, according to an examination of more than 20,000 properties analyzed by Yardi Matrix.

Affordable Housing | Apr 1, 2024

Biden Administration considers ways to influence local housing regulations

The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.

Affordable Housing | Apr 1, 2024

Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness

Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.

Standards | Apr 1, 2024

New technical bulletin covers window opening control devices

A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.

boombox1 - default
boombox2 -
native1 -

More In Category

MFPRO+ News

Two multifamily management firms merge together

MEB Management Services, a Phoenix-based multifamily management company, and Weller Management, a third-party property management and consulting company, officially merged to become Bryten Real Estate Partners—creating a nationally recognized management company.




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021