Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of two (2) three-family dwellings consisting of one (1) ADA compliant apartment unit and two (2) standard units in each dwelling to be sold at market rate Entity Name: TNV’S & Associates, LLC Entity Address: 35 Goldsmith Avenue, Newark, New Jersey 07112 Sale Amount: $111,875.00 Cost Basis: (X) $25.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $22,900.00 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) 369-371 Peshine Avenue/Block 3580/Lot 15,16/South Ward Additional Information: Sale Price: Total Square Footage X PSF = 4,475 X $25.00 = $111,875.00. 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-e 061726 Deferred 7R2-b 071526

What this record is

Held by

TNV’S & Associates, LLC 2 records across this site

Amount

$112K

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.

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TNV’S & Associates, LLC also holds

Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpos… $900K Newark, NJ

Committee

Economic and Housing Development

Introduced

January 23, 2026

On agenda

June 17, 2026

Passed

August 5, 2026

Where it was heard

Municipal Council Aug 5, 2026 Adopt Pass Municipal Council Jul 15, 2026 Defer Pass Municipal Council Jun 17, 2026 Defer Pass

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