Warren County · Hackettstown Town · #25-017-SP
Vermella Hackettstown
Bilby Road, Hackettstown Town, NJ · 275 homes, apartments
About this project
A 275-unit multifamily residential site plan is proposed on Bilby Road in Hackettstown. The filing lists the zoning change as village commercial to multifamily.
Official description: VC → MF
- Applicant
- Russo HT Urban Renewal, LLC
- Plan type
- SitePlan PF
- Land use
- Residential
- Water
- OffSite
- Sewer
- OffSite
- Status
- Approval
The full picture AI research · Nov 1, 2026
Vermella Hackettstown is a 275-unit apartment community on Bilby Road in Hackettstown. County records list it as a site plan, with the zoning changing from village commercial to multifamily. The site sits within a town redevelopment area, which the town created to guide new housing there.
Online sources describe the finished project as six four-story residential buildings of about 379,000 square feet. The developer is Russo Development, with Dinallo Construction as builder. A trade-press report said it was about half leased soon after opening. A 2021 local news item said 55 of the 275 homes would be affordable. It also said the project would get a long-term property tax exemption. That item named a different company, so the link to the county filing's company is not confirmed.
What it could mean nearby
- Adds 275 rental homes, including 55 income-restricted ones according to 2021 local coverage, toward the town's affordable housing obligation.
- Under the tax exemption, the developer pays a negotiated annual fee to the town instead of regular property taxes on the buildings.
- Traffic, school and utility effects were not detailed in the sources found.
Where it stands
Online sources suggest the apartments have already been built and were leasing, so the August 2025 county filing may be a later site-plan or amendment step. Which approval it concerns could not be confirmed. Next steps usually include any remaining local board sign-off and county review.
- Aug 18, 2025 Latest county planning filing for the 275-unit site plan
- Jun 10, 2021 Town council scheduled to adopt the ordinance for the long-term tax exemption
- Apr 22, 2021 Mayor and council approved the tax exemption application
- Feb 28, 2019 Town council adopted the Bilby Road Redevelopment Plan
Want to weigh in? The Hackettstown planning board and town council decide local land-use matters, and the public can comment at their public meetings. Check the town website for meeting dates.
Who's behind it
Russo Development · A New Jersey developer of multifamily rental communities under the Vermella brand, with projects in places such as Harrison and New Brunswick.
Around the web
- Hackettstown plans to permit 275-unit residential projectPatch · Jun 10, 2021Describes the council's tax-exemption ordinance for a 275-unit project with 55 affordable homes in the Bilby Road Redevelopment Plan.
- Redevelopment Plan - Bilby RoadTown of HackettstownSets out the redevelopment plan for the Bilby Road parcels, adopted by the council in February 2019.
- Vermella Hackettstown at 112 Bilby RoadReal Estate NJTrade coverage of the Russo and Dinallo rental community and its leasing progress.
- Vermella HackettstownRB ArchitectureArchitect's project page for Vermella Hackettstown.
Planning terms explained
- Site plan
- A detailed layout showing where buildings, parking, roads and utilities go on a property.
- Redevelopment plan
- A town-adopted plan that sets special rules for rebuilding a designated area.
- Long-term tax exemption
- A deal where a developer pays an agreed annual fee to the town instead of regular property taxes.
- Urban renewal entity
- A single-purpose company formed to own and build a project that receives a tax exemption.
- Affordable housing
- Homes reserved for households under certain income limits at restricted rents.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $66.0M
- ~1,650 roofing squares
- ~275 HVAC systems
- ~275 kitchens / 550+ bathrooms
- ~275,000 sq ft of finished living space
Contractor or supplier? Get projects like this in the counties you work, by email. Join contractor early access →