Apartments,Downtown,Rahway Park Square sold for almost $36 million January 21, 2019rahwayrising@gmail.com3 Comments Park Square, the two-building, 159-unit rental complex downtown, has sold for $35.9 million,according to property records. Reports inNJ BizandGlobeSt.cominitially had the sale ...
The building, acquired by Pioneer Investment Corp. in Lindenfor $205,000 in February 2000, houses Skaff Pharmacy on the first floor and apartments on the second and third floors. It pays about $11,000 annually in property taxes. The assessment was dropped by $37,600 — from $202,600 to...