Title
ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER OF THE QUALIFIED RESIDENTIAL STRUCTURE, FOR PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF CERTIFICATE OF OCCUPANCY AND EXPIRING FIVE (5) YEARS THEREAFTER.
18 Hunter Street, Block 2776 and Lot 21.03 (South Ward)]
Name of Owner: Jason Coke - Architect's Certification - $ 170,000.00
SILOT $ 3,400.00 - Purchase Price - $340,000.00 - 3 Family New Construction
Architect - Joseph R. Asfour - Contractor - Greenstar Construction, LLC
Certificate of Occupancy: January 13, 2012
Additional Information:
No Action Taken, June 18, 2014
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AN ORDINANCE GRANTING FIVE (5) YEARS OF TAX ABATEMENT TO THE OWNER(S) OF THE QUALIFIED RESIDENTIAL STRUCTURE, MORE SPECIFICALLY IDENTIFIED ON THE OFFICIAL TAX MAP AS BLOCK 2776, LOT 21.03 AND MORE COMMONLY KNOWN AS 18 HUNTER STREET, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS JANUARY 13, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.
WHEREAS, Jason Coke, filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 18 Hunter Street, also known as Block 2776, Lot 21.03, on the Official Tax Map for the City of Newark; and
WHEREAS, Jason Coke, has/have requested that the City of Newark grant a tax abatement pursuant to N.J.S.A. 54:4-3.139 et seq. and the Revised Ordinances of the City of Newark (R.O. 10:26-1 et seq., as amended), which provides for a five (5) year tax abatement for new residential construction in order to reduce the substantially high tax burdens and to stabilize and maintain the viability of the neighborhood; and
WHEREAS, Jason Coke, has/have provided the City of Newark with the necessary Architect's Certification and Certificate of Occupancy; and
WHEREAS, Jason Coke, has/have satisfied the City of Newark requirements regarding ownership of the aforem...
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