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Woodmont Development Community Real Estate And Homes For Sale In Metuchen, NJ

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Woodmont Development Area Insight

  • Jacquie Zuvich
    RE/MAX Competitive Edge Metuchen
    Good things come to those who wait. Sometimes that means waiting a very long time. After about five decades of waiting, the city of Metuchen has gotten approval to build a new community downtown. The new development, called Woodmont, will take over the space on Pearl Street that currently serves as a commuter parking lot.

    This will be a big change for the area. Woodmont will feature 273 new housing units, 13,000 square feet of retail space, a 700 space parking garage, and a half acre public town square. No word yet on what businesses will be occupying the retail space, but they will surely draw crowds to the area, which should be good for Metuchen businesses in the area. With more customers and more businesses feeding the downtown growth, area housing prices should see gains as well.

    The project still has a few last hurdles to clear, and initial construction isn't expected to begin for around a year. Once it does, it will take two to three years or so to complete, and during that time, parking downtown will get tighter. But once it's finished, it should become a bright spot in one of central New Jersey's most vibrant downtown areas.

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