26-0849
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, to be rented at an affordable rate of 60% AMI. Entity Name: JWC Development Group LLC Entity Address: 2110 Town Center Way, Unit 1059, Livingston, New Jersey 07106 Sale Amount: $69,750.00 Cost Basis: (X) $15.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $28,800.00 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) 325-327 South 10th Street/Block1783/Lot 20/West Ward Additional Information: Sale Price: Total Square Footage X PSF = 4,650 X $15.00 = $69,750.00 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
- JWC Development Group LLC
- Amount
- $70K
- Runs until
- no end date published in this record
- 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
- June 1, 2026
- On agenda
- September 9, 2026
- Passed
- September 9, 2026
Where it was heard
Municipal CouncilWatch what Newark buys
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