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FACILITIESPENDING

Borough of Saddle River Planning Board AgendaPacket 2026-06-16

Borough To Convey East Allendale Site To Housing Developer

nominal consideration (exact amount not stated)Borough of Saddle RiverSADDLE RIVER PHASE 2 LLCJune 16, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Borough of Saddle River plans to convey its property at 20 and 22 East Allendale Road to Saddle River Phase 2, LLC for nominal consideration under an authorized Developer’s Agreement to enable construction of a 42‑unit 100% affordable age‑restricted rental project. This land transfer is a key component of the Borough’s affordable housing compliance strategy.

Contract Details

Contract Amount

nominal consideration (exact amount not stated)

Vendor

SADDLE RIVER PHASE 2 LLC

Agency

Borough of Saddle River, NJ

Contract Type

FACILITIES

Document Date

June 16, 2026

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