$3M Hider Lane open space acquisition
Summary
The township is borrowing up to $3 million to buy a property that had been approved for a 60-unit apartment building, converting it to open space. A $2 million Green Acres grant is secured, 75% of the price is grant-funded, and officials say it supports growth control in a high-traffic area. A public hearing is set for February 23.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed Mar 9, 2026.
Impact analysis
Up to $3M in borrowing, but most of it offset by Green Acres grants; the township loses about $7,700 a year in property taxes from the parcel (it only keeps roughly 31% of that).
Residents get permanent open space, less traffic pressure, and no direct hit to taxpayers for 75% of the cost.
The township forfeits roughly $2,400 a year in local tax revenue from the parcel, and the property owner loses a 60-unit development approval on the land.
Mentions & discussions (3)
Gloucester Township Council — March 9, 2026
The township is buying 16 acres on Hider Lane for up to $2.88 million, mostly with state Green Acres grant funds, blocking a planned 60-unit apartment complex. A resident argues the money could buy far more acreage elsewhere in town.
Gloucester Township Council — February 25, 2026
The township is borrowing up to $3 million to preserve 16 acres on Hider Lane, blocking a previously approved 60-unit apartment project. Green Acres is covering $2 million, with the township's roughly $739,000 share financed over 40 years. One resident questioned the price versus the $185,000 assessment.
Gloucester Township Council — February 9, 2026
The township is borrowing up to $3 million to buy a property that had been approved for a 60-unit apartment building, converting it to open space. A $2 million Green Acres grant is secured, 75% of the price is grant-funded, and officials say it supports growth control in a high-traffic area. A public hearing is set for February 23.
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