https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070090&GUID=58A88B29-E41A-484D-B61B-BFAD95A48018Legistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070090&GUID=58A88B29-E41A-484D-B61B-BFAD95A4801858A88B29-E41A-484D-B61B-BFAD95A48018-2026-06-12-18-13-39Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construction of a new two-family residential dwelling to be sold at market rate Entity Name: Solace Realty Concepts, LLC Entity Address: 112 Lehigh Avenue 2nd Floor Newark, New Jersey 07112 Sale Amount: $50,000.00 Cost Basis: (X) $20.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $11,300.00 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) 787 South 15th Street / Block 2646 / Lot 14 / South Ward Additional Information: Sale Price: Total Square Footage X PSF = 2,500 Fri, 12 Jun 2026 18:13:39 GMT