University

Princeton, NJ Transit agree to land swap for train project

Posted on July 8, 2013

Photo courtesy Adam E. Moreira, Wikimedia Commons.
Photo courtesy Adam E. Moreira, Wikimedia Commons.

PRINCETON, N.J. — The Princeton Packet reported that NJ Transit and Princeton University agreed to a land swap that is essential for the school’s arts and transit project to move forward.

NJ Transit acquired a small parcel needed for realigning the tracks of the Dinky train that connects the campus with Princeton Junction. The university acquired a .84-acre parcel for the parking lot that it will build for the new train station.

The transit system will get $185,000 from the university — the amount representing the difference in value between the two parcels. For the full story, click here.

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