https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070580&GUID=80DEA2D9-1075-4BF6-8517-860C182AEB82Legistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070580&GUID=80DEA2D9-1075-4BF6-8517-860C182AEB8280DEA2D9-1075-4BF6-8517-860C182AEB82-2026-06-13-22-43-35Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Private Sale/Redevelopment Purpose: First Amendment to the Private Sale/Redevelopment to Creative Development Real Estate, LLC, to correct the Sale Amount and Appraised Amount Entity Name: 847-983 Doremus Avenue, LLC Entity Address: 500 Avenue P, Newark, New Jersey 07105 Sale Amount: $4,335,000.00 Cost Basis: ( ) $ PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $2,237,300.00 Appraised Amount: $4,335,000.00 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) 85 Riverside Avenue/Block 674/Lot 3/ North Ward 77-83 Riverside Avenue/Block 674/LoSat, 13 Jun 2026 22:43:35 GMT