Borough To Convey East Allendale Site To Housing Developer
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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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