Eight three-family homes planned in sale to DCF Developers
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Description
Newark’s Economic and Housing Development department seeks to authorize a $131,040 private sale to DCF Developers, LLC for properties on Avon Avenue and South 10th Street to build eight three-family homes with both affordable and market-rate rental units. Development must start within three months of transfer and conclude within 24 months.
Contract Details
Contract Amount
$131,040.00
Vendor
DCF DEVELOPERS LLC
Agency
City of Newark, NJ
Contract Type
FACILITIES
Document Date
January 7, 2026
Contract Term
To commence within three (3) months and be completed within twenty-four (24) months following transfer of property ownership from the City to the Redeveloper
Renewal Info
Project must commence within three months of transfer and be completed within 24 months; no renewal or extension terms specified.
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