Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construction of a new two-family dwelling to be sold at market-rate on 393 South 10th Street, and new construction of a single-family home located at 412 South 8th Street restricted to a household earning up to 80% of the Area Median Income (AMI), with preference for a veteran or an individual with disabilities Entity Name: Burwell Enterprises LLC Entity Address: 511 S. Orange Ave #2087, Newark, New Jersey 07103 Sale Amount: $86,590.00 Cost Basis: (X) $21.00 for 393 South 10th Street and $16.00 for 412 South 8th Street PSF () Negotiated () N/A () Other: Assessed Amount: $60,800.00 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) 393 South 10th Street/Block 266/Lot 20/ West Ward 412 South 8th Street /Block 291/Lot 38/ Central Ward Additional Information: Sale Price: Total Square Footage X PSF = 2,790 X $21.00 = $58,590.00 and Total Square Footage X PSF = 1,750 X $16.00 = $28,000.00 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

Burwell Enterprises LLC

Amount

$87K

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

June 1, 2026

On agenda

October 7, 2026

Where it was heard

Municipal Council Oct 7, 2026 Returned to Administration Pass

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