Waldwick, New Jersey Development News
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07-14-2026 Council Regular Meeting
Published: Jul 14, 2026
Redevelopment in Waldwick Aimed at Boosting Local Economy and Addressing Housing Needs
The council highlighted the need for redevelopment to encourage business growth and local economic activity, citing vacant retail spaces like the former Rite Aid and Odyssey Gym. They discussed how redevelopment can bring additional revenues to the town, which has limited industry and retail compared to other municipalities. The council aims to put underutilized land to more productive use, mentioning a vacant lot on Harrison Avenue and former houses that could be redeveloped. The Rocket Property is also noted as being vacant or reduced in operations. Redevelopment is seen as a way to address the state's low-income housing requirements, with a plan submitted to accommodate 144 units, including six affordable housing units that provide credit towards the mandate. The redevelopment plan gives the borough control over development and location, aiming for lower density and potential retail spaces rather than large-scale, high-density or purely low-income housing projects.
Waldwick Council Provides Detailed Update on Harrison Avenue Redevelopment Project, Addresses Mayor's Recusal
The council provided an extensive update on the Harrison Avenue redevelopment project, addressing misinformation circulating on social media. The project area was declared an area in need of redevelopment about five or six years ago. Multiple proposals were reviewed and rejected over time due to issues like density, lack of retail, and building height. The current plan focuses on Harrison Avenue and involves Harrison Avenue Redevelopment LLC, an affiliate of DMR. The redevelopment plan was unanimously approved by the council, followed by review and acceptance by the planning board, which included input from police, fire, and building maintenance. Independent financial advisors and a redevelopment attorney were hired to represent the borough in negotiations. A redevelopment agreement was signed, setting parameters for construction and timelines. The mayor clarified his recusal from the project, stating it was based on legal guidance to ensure ethical and fair handling of the matter, refuting allegations of personal gain or financial interest.
Waldwick Council Outlines Rationale for Redevelopment: Budget Solutions, Economic Growth, and Controlled Development
The council discussed the need for redevelopment, emphasizing its role in addressing budget concerns and identifying additional revenue sources, as the borough lacks diverse revenue streams and significant industry or retail. The surplus is depleting faster than taxes can compensate, necessitating tax increases. Redevelopment is seen as a solution to plug budget gaps and avoid further service cuts. Additionally, redevelopment is expected to encourage business growth and local economic activity by revitalizing vacant properties like the former Rite Aid and Odyssey Gym, and putting underutilized land to better use. The project also aims to meet state mandates for low-income housing and gives the borough control over development. The council stressed that the current plan is for lower density and includes retail, unlike potentially undesirable large-scale developments.
Waldwick Introduces Ordinances to Clarify Parking Regulations and Fees
The council introduced two ordinances related to parking regulations. Ordinance Number 2026-11 amends Chapter 63, 'Park and Ride Lot,' specifically sections on parking fees, restrictions, violations, and penalties. This ordinance aims to clarify hours, overnight parking regulations, and penalties based on a new lease agreement with New Jersey Transit for the lot. Ordinance Number 2026-12 amends Chapter 48, 'Fees,' Section 'Vehicles and Traffic - Pay Parking Fees,' to clarify days and times for fee collection. Both ordinances will undergo further public hearing and council review.
Waldwick Council Addresses Budget Deficit, Tax Increases, and Revenue Generation Strategies
The council discussed the borough's financial situation, including the depleting surplus and the need for additional revenue sources. The use of surplus funds to balance the budget was highlighted, with a note that last year over $1 million of the surplus was used. A tax increase of over 9% was implemented this year to address the budget gap. Increasing costs from the state for benefits and school districts were also mentioned as contributing factors to rising budgets. The council is exploring redevelopment as a means to generate more revenue. Discussions also touched on the auctioning of old DPW and police vehicles to recoup costs. The budget is being monitored, with snow removal being an exception to staying on budget due to a difficult winter. The upcoming waste management bill is identified as a significant budget item. An extension for the ERRI contract at the mulch pit was proposed for two additional years, increasing revenue for 2026-27 and 2027-28. The purchase of body cam equipment for the police department was also noted as a large capital expenditure.
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The Waldwick News archive
07-22-2026 Zoning Board Meeting
Zoning Board Meeting 7-22-26
07-14-2026 Council Regular Meeting
06-23-2026 Council Regular Meeting
06-09-2026 COUNCIL REGULAR MEETING
Planning Board Meeting 6-3-26
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