Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construction of a minimum of 8-unit 100% affordable rental housing development catering to the 40%-120% AMI population with commercial space on the ground floor; construction of three (3) new two-family homes be sold at market rate; renovations of hallways, gymnasiums and classrooms be used to operate as a workforce training center for local residents with a five (5) year no cost use of space and new construction of a building for the local non-profit Clinton Hill Society. Entity Name: Nan Newark Tech World A NJ Nonprofit Corporation Entity Address: 400 Hawthorne Avenue, Newark, New Jersey 07112 Sale Amount: $525,000.00 Cost Basis: ( ) $ PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $1,746,400.00 Appraised Amount: $N/A Contract Period: To commence within three (3) months and be completed within twenty-four (24) 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) 411 Hawthorne Avenue/ Block 3037/ Lot 12/ South Ward 407-409 Hawthorne Avenue/ Block 3037/ Lot 13/ South Ward 403-405 Hawthorne Avenue/ Block 3037/ Lot 16/ South Ward 397-399 Hawthorne Avenue/ Block 3037/ Lot 19/ South Ward 395 Hawthorne Avenue/ Block 3037/ Lot 20/ South Ward 392-400 Hawthorne Avenue/Block 3617/ Lot 8,9,10,11,12/ South Ward Additional Information: Sale Price: Negotiated = $525,000.00. 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

Nan Newark Tech World A NJ Nonprofit Corporation 2 records across this site

Amount

$1.75M

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.

Nan Newark Tech World A NJ Nonprofit Corporation also holds

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose:… $1.75M Newark, NJ

Committee

Economic and Housing Development

Introduced

October 8, 2026

On agenda

October 21, 2026

Where it was heard

Municipal Council Oct 21, 2026

Watch what Newark buys

This is one award. Newark signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.