https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8030884&GUID=A2C95F71-0CDA-4D94-A4A1-52A730C27ACCLegistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8030884&GUID=A2C95F71-0CDA-4D94-A4A1-52A730C27ACCA2C95F71-0CDA-4D94-A4A1-52A730C27ACC-2026-05-15-15-43-45Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Construction of an eighty (80) to one hundred (100) unit residential apartment building, with a minimum of 20% designated as affordable housing, at 198-202 Meeker Avenue. Development of a truck and trailer parking facility at 847-983 Doremus Avenue, leveraging its proximity to the Port of Newark and surrounding industrial area for port-related use. Redevelopment of 77-101 Riverside Avenue for industrial use following a comprehensive environmental review, beginning with a site investigation report and completion of all necessary environmental remediation Entity Name: 847-983 Doremus Avenue, LLC Entity Address: 500 Avenue P, Newark, New Jersey 07105 Sale Amount: $4,000,000.00 Cost Basis: ( ) $ PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $2,237,300.00 Appraised Amount: N/A Contract Period: To commence within three (3) months and be completed within eighteen (18) months following transFri, 15 May 2026 15:43:45 GMT