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Coalition Saves Morristown NJ’s Historic Willow Hall mansion
By admin | December 27, 2008
Another Morristown New Jersey Historic Mansion to be saved from future development.
Coalition Saves Morristown NJ’s Historic Willow Hall mansion
From the Morris News Bee Morristown New Jersey’s local News Paper.
MORRISTOWN – Willow Hall, the 19th Century puddingstone house on Speedwell Avenue, will be spared development of any kind now that the Passaic River Coalition has purchased the building and is expected to use the house for its for for its own purposes.
The coalition last Tuesday Dec. 16, paid $1.875 million for the house and its eight acres of land that backs to Speedwell Lake, which is a manmade lake created from the Passaic River waters.
The price paid is far lower than the $2.9 million owner Fred Stradtman had been asking.
The group will partly be paying for the Morristown NJ Historic Mansion through state of New Jersey Green Acres funds and Historic Preservation grants.
Mayor Donald Cresitello, who had wanted to see the house sold for development, said last Wednesday he is not happy with the sale because it means that as a tax-exempt organization, the Passaic River Coalition would not pay taxes on the property.
Cresitello said he did not mind the coalition purchasing the house but said he would have preferred the land surrounding the house be developed for condominium housing.
He also suggested he may ask the Town Council to buy the property out from under the coalition to create a park.
The house had all but been sold five months ago when buyer K&K Realtors had contracted to purchase the property, spare the house from the wrecking ball and build out condos on the rest of the site.
That deal fell through in September when an Appellate Court ruling overturned the zoning on the site and said only single-family housing may be built on the property.
That ruling came as a result of a suit filed by a citizen’s group, Friends of Historic Speedwell, which had worked to overturn the zoning.
It is understandable for the City of Morristown to be resistant to properties being taken off the property tax roles, but organizations which seek to preserve our historic properties should not have local governments seeking to undermine their possitions.
Morristown New Jersey is a town rooted in the history of the American Revolution as well as having a strong possition in New Jersey’s future.
James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct
James Boyer REALTOR, specializing in Morristown NJ Real Estate and Morristown NJ Homes For Sale. If you are thinking of buying a home in Morristown New Jersey, stop by the real estate website linked to in this paragraph. There you will find every Morristown NJ home listed for sale in our MLS system.
Category: Morristown |
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