docketcity.com
26-0943

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, both homes will be rented at an affordable rate of 60%-80% AMI Entity Name: DW2 Construction LLC Entity Address: 349 Avon Avenue, Newark, New Jersey, 07108 Sale Amount: $72,862.50 Cost Basis: (X) $15.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $51,400.00 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 Properties: (Address/Block/Lot/Ward) 68 Kent Street/Block 2615/Lot 32/South Ward 70 Kent Street/Block 2615/Lot 33/South Ward Additional Information: Sale Price: Total Square Footage X PSF = 4,857.50 X $15.00 = $72,862.50. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties.

Resolution Adopted Introduced June 22, 2026

What this record is

Held by
DW2 Construction LLC
Amount
$73K
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 22, 2026
On agenda
September 9, 2026
Passed
September 9, 2026

Where it was heard

Municipal Council Sep 9, 2026 Adopt Pass

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