• The impact of the University on the northeastern portion of Oakwood;
• The lack of legislation to support historic preservation;
• Elderly residents are forced out of the community because of the lack of housing options; and
• The community has become more transient in recent years.

According to most interviewees, Oakwood’s attractive and well-kept single-family neighborhoods are among its most important assets. Advantages included the neighborliness and friendliness, the range of housing stock (not just housing for the wealthy), the attractive older homes, the extensive landscaping, and the fact that neighborhoods are “walkable.” Single-family areas are also policed well, and City inspections help maintain neighborhood quality.

Concerns included the condition of homes near the Shroyer Road corridor; the impact of the University on the homes along Irving Avenue; the tearing down of old estates; and the lack of high-quality housing options for empty nesters and the elderly.

Most interviewees indicated that Oakwood needs more high-end condominium or townhouse development to serve empty nesters and the elderly. Many elderly are currently forced out the community, and the City does not benefit from estate taxes.

Some interviewees indicated that Oakwood also needs more housing options for young people who do not yet have children.

However, several interviewees indicated that Oakwood has enough multi-family units for a community its size, and that Oakwood is better served than many other communities. Some indicated that multi-family units do not fit the character of the community, and that the elderly and empty nesters should move to smaller single-family homes.

Other concerns included: a) the need to improve and upgrade the smaller, older apartments in the southeast section of Oakwood, many of which are outdated, in poor condition, and have very few amenities; and b) the need to ensure that any new multi-family development blends in with the existing architectural character of the community.

Most interviewees indicated that the Far Hills business district is more active and vital than it was several years ago. Starbuck’s and Graeter’s Ice Cream have significantly improved the area. Other important anchors include Dorothy Lane Market, the Oakwood Club, and Talbot’s.

Concerns regarding the Far Hills business area included the need to upgrade building facades, coordinate colors, attract more restaurants, permit more liquor licenses, attract uses that encourage pedestrian traffic, new streetscape treatments, and improved crosswalks. Several interviewees indicated that the wood fences and other features along the Far Hills right-of-way are somewhat outdated and should be replaced.

Concerns were also expressed about the vacancies and underutilization of Park Avenue, which at one time was a more active commercial area. Many interviewees indicated that this area should be upgraded with more retail activity and perhaps a new teen center. Several people indicated that the City has too severe restrictions on this area.