The mall opened on February 24, 1988,[1] as Somerset County's first and has a gross leasable area of 900,000 sq ft (84,000 m2).

[32][33][34] On May 1, 2015, casual burger restaurant Shake Shack opened their first Central Jersey location in The Village occupying the space vacated by Coldwater Creek.

[36] On October 19, 2017, Mediterranean restaurant chain Cava opened their third New Jersey location at The Village in the former Brooks Brothers space.

[38] Mexican food chain Uncle Julio’s opened their first NJ location in the space formerly occupied by McCormick & Schmick's on February 25, 2020.

[39] On August 27, 2020, Lord & Taylor announced they would liquidate and shutter all their remaining stores as the company declared bankruptcy.

[40][41] In November 2021, Crate & Barrel, an anchor of The Village, declared its departure from the mall after they opted to not renew their lease.

The township plans to re-zone the building to allow medical use to occupy the space after the popular furniture chain vacates.

[42] In December 2022, the town council approved a zoning ordinance in the former Lord & Taylor anchor pad to attract entertainment and amusement establishments such as Topgolf or Dave & Buster's to occupy the vacant space.