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LEASEAPPROVED

Borough of Waldwick AgendaPacket Regular Meeting 2026-05-26

Seven-Year Parking Lot Lease Approved with NJ Transit

Borough of WaldwickNEW JERSEY TRANSITMay 26, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Borough of Waldwick approved a new seven-year lease agreement with New Jersey Transit for continued municipal management of the train station parking lot, including a conversion to daily fee parking.

Contract Details

Vendor

NEW JERSEY TRANSIT

Agency

Borough of Waldwick, NJ

Contract Type

LEASE

Document Date

May 26, 2026

Contract Term

7 years

Renewal Info

Seven-year lease agreement approved to replace expired prior lease. Includes new rate structure and operational modifications.

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