Township of Verona AgendaPacket 2026-05-18
Settlement-based redevelopment with JMF Properties
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Description
The 251½ Grove Avenue Redevelopment Plan implements a settlement between Verona Township and developer JMF Properties, enabling an 84-unit inclusionary townhouse project with on-site affordable housing. Agreement terms, including any financial contributions, are not specified in the agenda excerpt.
Contract Details
Vendor
JMF PROPERTIES
Agency
Township of Verona, NJ
Contract Type
OTHER
Document Date
May 18, 2026
Renewal Info
Plan notes that project standards are tied to a settlement agreement implementing the Township’s affordable housing obligations; duration tied to redevelopment plan duration unless amended.
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