Civic IQ
FACILITIESAUTHORIZING

city_of_newark_municipal_council_regular_meeting_a.pdf

Eight three-family homes planned in sale to DCF Developers

$131,040.00City of NewarkDCF DEVELOPERS LLCJanuary 7, 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

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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