25-1130
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of two (2) two-family homes, one home will be owner-occupied and the other home will be for rent at market rate. Entity Name: Clayton West LLC Entity Address: 211 Warren Street, Newark, New Jersey 07103 Sale Amount: $72,288.00 Cost Basis: (X) $15.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $30,400.00 Appraised Amount: N/A Contract Period: To commence within three (3) months and be completed within eighteen (18) months following transfer of property ownership from the City to the Redeveloper Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 137-139 Schuyler Avenue/Block 3624/Lot 14/South Ward Additional Information: Sale Price: Total Square Footage X PSF = 4,819.20 X $15.00 = $72,288.00 Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties. Deferred 7R2-a 121725
What this record is
- Held by
- Clayton West LLC
- Amount
- $72K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Construction
construction contracts in NJ that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic and Housing Development
- Introduced
- August 11, 2025
- On agenda
- December 17, 2025
- Passed
- January 7, 2026
Where it was heard
Municipal Council Municipal Council Municipal Council Municipal Council Municipal CouncilWatch what Newark buys
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