GALLOWAY TOWNSHIP — Renault Winery Resort & Golf, one of the oldest continuously operating wineries in the country, will undergo renovations soon with some help from the township.
Last month, Township Council approved a financial agreement with Renault that allows for a five-year tax abatement for a winery and golf course improvement and rehabilitation project, Mayor Anthony J. Coppola Jr. said.
Renault officials did not respond to a request for comment.
“It tips the scale to make investments in the community,” said Coppola, adding the abatements are intended to give more people the incentive to improve their properties.
Earlier this year, Vivamee Hospitality acquired Renault from OceanFirst Bank and started to revitalize the property. Vivamee plans to spend $2 million to rehabilitate the winery and the golf course, Deputy Mayor Rich Clute said.
Renault’s roof was leaking, and the foundation needed to be addressed, Clute said, adding if the property were left abandoned much longer, it probably would not be fixable.
“They needed a shot in the arm to bring a historical building back to Galloway and have it be successful,” Clute said.
Galloway’s tax abatement program allows participants to pay no property taxes on their improvements the first year, increasing incrementally over five years until they are paying the full amount owed based on the assessed value of the improvements.
“These (tax abatement offers) are incentives for people. People are starting to reinvest in their community,” Coppola said.
Renault, a New Jersey State Historic Site, was established by Louis Renault as a vineyard in 1864. The property straddles the township and Egg Harbor City along Bremen Avenue. The winery and golf course are on the east side of North Bremen Avenue, in Galloway. The House of Renault restaurant and the Chateau Renault are located on the west side, in Egg Harbor City.