26-0367
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of a three-family home to be sold at market rate. Entity Name: Seymour and Lyons LLC Entity Address: 111 Glenwood Avenue, APT. 106, East Orange, New Jersey 07017 Sale Amount: $75,000.00 Cost Basis: (X) $25.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $189,500.00 Appraised Amount: n/a Contract Period: To commence within three (3) months to 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 South 11th Street/Block 1784/Lot 24/West Ward Additional Information: Sale Price: Total Square Footage X PSF = 3,000 X $25.00 = $75,000.00. 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
- Seymour and Lyons LLC
- Amount
- $190K
- 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
- March 18, 2026
- On agenda
- July 15, 2026
- Passed
- July 15, 2026
Where it was heard
Municipal CouncilWatch what Newark buys
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