25-1279
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of a mixed use 24 unit affordable apartment building with a rooftop terrace and retail space Entity Name: E. Gill Development II LLC Entity Address: 2 Center Street #2104, Newark, New Jersey 07102 Sale Amount: $189,180.00 Cost Basis: (X) $18.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $127,900.00 Appraised Amount: N/A Contract Period: 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 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) 652-654 South 18th Street/ Block 350/ Lot 35/ West Ward 656 South 18th Street/ Block 350/ Lot 33/ West Ward 658 South 18th Street/ Block 350/ Lot 32/ West Ward 660 South 18th Street/ Block 350/ Lot 31/ West Ward Additional Information: Sale Price: Total Square Footage X PSF = 10,510 X $18.00 = $189,180.00. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties
What this record is
- Held by
- E. Gill Development II LLC
- Amount
- $189K
- 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
- September 23, 2025
- On agenda
- November 25, 2025
- Passed
- November 25, 2025
Where it was heard
Municipal CouncilWatch what Newark buys
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