Yeshivas Meor Hatalmud has recently entered into a contract to purchase over 5 acres of land at 1245-1249 Ridge Avenue, near New Hampshire Avenue, FAA News has learned.
Yeshivas Meor Hatalmud is registered at the Raintree home of Rav Noach Witty, the Mora D'asra of Khal Yaakov Akiva.
No Site Plan for the future of this parcel has yet been submitted to the Township.
The contract sale land is split across 4 lots as depicted in the map shown below.
The yeshiva is represented in this purchase by Attorney Yisrael Karas, Esq., General Counsel to Madison Title Agency.
The seller is the Violet Theibault Irrevocable Trust.
Public records indicate that the total annual property taxes in 2022 for the 4 lots respectively were, $429.01, $8,564.35, $9,454.33, and $17,384.27, for a total of $35,831.96.
This parcel is across the street from where a developer wheeled and dealed an agreement with Yeshiva Ruach Hatorah to use their name to submit an application for high density housing via the Township's loophole "Planned Educational Campus" ordinance. Read more about the stalled Yeshiva Lane application here on FAA News.
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