https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070487&GUID=90233A59-0295-4089-8895-DBA8CB53ECB5Legistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8070487&GUID=90233A59-0295-4089-8895-DBA8CB53ECB590233A59-0295-4089-8895-DBA8CB53ECB5-2026-06-12-18-13-39Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of three (3) two-family homes to be sold at market rate. Entity Name: Bergen Street Urban Redevelopment, LLC Entity Address: 49 Hermon Street, Newark, New Jersey 07105 Sale Amount: $162,800.00 Cost Basis: ( ) $ PSF ( ) Negotiated ( ) N/A ( X ) Other: Assessed Value Assessed Amount: $162,800.00 Appraised Amount: $0.00 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) 612 Bergen Street/Block 2685/Lot 3/South Ward 616 Bergen Street/Block 2685/Lot 1/South Ward 102 Madison Avenue/BlFri, 12 Jun 2026 18:13:39 GMT