City of Newark Municipal Council Meeting Agenda 2026-06-17
DCF Developers project amended to include affordable units
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Description
Newark’s Municipal Council approved a first amendment to the sale and redevelopment agreement with DCF Developers, LLC for parcels on South 10th Street and Avon Avenue, revising the project to four three-family homes with a mix of affordable and market-rate three-bedroom units at a sale price of $131,040. The developer must commence within three months and complete the project within 24 months of transfer.
Contract Details
Contract Amount
$131,040.00
Vendor
DCF DEVELOPERS LLC
Agency
City of Newark, NJ
Contract Type
CONSTRUCTION
Document Date
June 17, 2026
Contract Term
To commence within three (3) months and be completed within twenty-four (24) months from the transfer of ownership by the City
Renewal Info
Amended agreement requires project commencement within 3 months and completion within 24 months; no renewal or extension language stated.
More from DCF DEVELOPERS LLC
Related Contracts
City of Newark Meeting Agenda 2026-06-17
AMENDEDcity_of_newark_municipal_council_regular_meeting_a.pdf
AUTHORIZINGCity of Newark Municipal Council Meeting Minutes November 7 2024
APPROVEDMore from City of Newark
City of Newark Meeting Agenda 2026-06-17
City of Newark Meeting Agenda 2026-06-17
City of Newark Meeting Agenda 2026-06-17
City of Newark Meeting Agenda 2026-06-17
City of Newark Meeting Agenda 2026-06-17
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