Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To use as an extension to a current development project Entity Name: 34 Jersey U R LLC Entity Address: 1 Julius Way, Lakewood, New Jersey 08701 Sale Amount: $173,076.80 Cost Basis: ( ) $ PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $1,758,900.00 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) 20-32 Jersey Street/Block 171/ Lot 42/ East Ward Additional Information:

What this record is

Held by

Jersey U R LLC 2 records across this site

Amount

$1.76M

Runs until

no end date published in this record

Type

amendment

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Jersey U R LLC also holds

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose:… $3.70M Newark, NJ

Committee

Economic and Housing Development

Introduced

July 8, 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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