NJ Transit, Matawan seek partners for transit-oriented development

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New Jersey Transit and the Borough of Matawan are working together to create a mixed-use development adjacent to the Aberdeen-Matawan Rail Station, according to Transit.

The development, which will be on seven acres of New Jersey Transit-owned land along the New Jersey Coast Line, is part of an extensive transit-oriented development project spearheaded by Matawan since 2001.

“Matawan’s vision and leadership on this project are critical to its success, and we couldn’t ask for a better partner to foster smart growth connected with public transportation,” Transit Executive Director Kevin Corbett said in a press release. “New Jersey Transit is committed to development projects like this to build sustained economic growth, support our community partners, and increase non-farebox revenue.”

The vision for this project is to combine moderate- to high-density residential units with retail, office and community spaces to create a walkable community with access to regional amenities and destinations via New Jersey Transit’s rail services.

“I’m excited the first step has been taken toward the redevelopment of the Matawan Train Station,” Matawan Mayor Joseph Altomonte said in a statement. “New Jersey Transit has begun their request for qualifications of interest for the section of property owned by New Jersey Transit at the Aberdeen-Matawan Train Station. This project has been a priority of my platform and we are eager to get it moving. We look forward to seeing what ideas will be submitted.”

New Jersey Transit believes the area around the Aberdeen-Matawan train station has seen significant interest and growth in recent years. In October 2018, Transit welcomed the opening of The LINK mixed-use development on the Aberdeen side of the station, and Matawan has launched a number of projects on private properties in addition to the station redevelopment plan.