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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 4031, LOT 57 AND MORE COMMONLY KNOWN AS 83 S. MUNN AVENUE, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS APRIL 26, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.
83 S. Munn Avenue, Block 4031 and Lot 57 (West Ward)]
Name of Owner: Americo Conceicao- Architect's Certification - $ 150,000.00
SILOT $3,000.00- Purchase Price - $235,000.00 (Lots 57 & 58) - 2 Fam. New Construction
Architect - Marco A. Neves- Contractor - Dreamworks Builders
Certificate of Occupancy: April 26, 2012
Additional Information:
The developer is the owner of the residential property and the dwelling is non-owner occupied. The purchase price is for property lots only.
Deferred 6PSF-d2 022013/Public Hearing Open
Deferred 6PSF-b2 032013/Public Hearing Open
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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 4031, LOT 57 AND MORE COMMONLY KNOWN AS 83 S. MUNN AVENUE, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS APRIL 26, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.
WHEREAS, Americo Conceicao, filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 83 S. Munn Avenue, also known as Block 4031, Lot 57, on the Official Tax Map for the City of Newark; and
WHEREAS, Americo Conceicao, 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 ta...
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