26-0429
Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construction of a new three (3) family residential dwelling to be sold at market rate Entity Name: 177 Scheerer Avenue LLC Entity Address: 518 Belvidere Avenue, Plainfield, New Jersey 07062 Sale Amount: $78,960.00 Cost Basis: (X) $21.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $29,000.00 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) 177-179 Scheerer Avenue / Block 3666 / Lot 71 / South Ward Additional Information: Sale Price: Total Square Footage X PSF = 3,760 X $21= $78,960.00 Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned property Deferred 7R2-j 090926 Deferred 7R2-d 092326
What this record is
- Held by
- 177 Scheerer Avenue LLC
- Amount
- $79K
- 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 27, 2026
- On agenda
- September 9, 2026
Where it was heard
Municipal Council Municipal Council Municipal CouncilWatch what Newark buys
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