City of Newark Meeting Agenda 2026-06-17
Private Sale for Two-Family Home on South 19th Street
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Description
Newark authorized a private sale of 569 South 19th Street to 312-314 16th Avenue, LLC for $57,500.00 to develop a new two-family market-rate residence. The redevelopment must begin within three months and be completed within eighteen months of transfer.
Contract Details
Contract Amount
$57,500.00
Vendor
312-314 16TH AVENUE LLC
Agency
City of Newark, NJ
Contract Type
OTHER
Document Date
June 17, 2026
Contract Term
To commence within three (3) months and be completed within eighteen (18) months following transfer of property ownership from the City to the Redeveloper
Renewal Info
Eighteen-month construction deadline after property transfer; no renewal terms provided.
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