https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8060380&GUID=DA3BB486-78B5-4C3D-87E3-831FEB3553C3Legistar15https://newark.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8060380&GUID=DA3BB486-78B5-4C3D-87E3-831FEB3553C3DA3BB486-78B5-4C3D-87E3-831FEB3553C3-2026-07-09-18-43-34Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To build a new construction of a two-family home to sell at an affordable rate. Entity Name: Northern Lights Developers LLC Entity Address: 241 16th Avenue, Newark, New Jersey 07103 Sale Amount: $45,000.00 Cost Basis: (X) $15.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $26,900.00 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) 366 South 12th Street/Block 1784/Lot 49/West Ward Additional Information: Sale Price: Total SquaThu, 09 Jul 2026 18:43:34 GMT