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Toms River Township Council Agenda 2026-06-10

Settlement Reached With JD Jamestowne on Housing Dispute

Township of Toms RiverJD JAMESTOWNE LLCJune 10, 2026

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Description

Toms River approved a settlement agreement with JD Jamestowne, LLC resolving a developer challenge related to the Jamestowne Village affordable housing project. The agreement pertains to multiple lots in Block 610 under the Affordable Housing Dispute Resolution Program.

Contract Details

Vendor

JD JAMESTOWNE LLC

Agency

Township of Toms River, NJ

Contract Type

OTHER

Document Date

June 10, 2026

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Related Contracts

Toms River Township Council AgendaPacket 2026-06-10

Township of Toms River (New Jersey)$50,000.00 contribution from Affordable Housing Trust Fund; long-term PILOT service charge equal to 5% of annual gross revenues from 42 affordable units (per settlement)June 10, 2026

Issuing Agency

Township of Toms River

City

Toms River Township, NJ

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Vendor

JD JAMESTOWNE LLC

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