Title
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 997, LOT 47 AND MORE COMMONLY KNOWN AS 29 HOUSTON STREET, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS NOVEMBER 7, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.
29 Houston Street, Block 997 and Lot 47 (East Ward)
Name of Owner: Antonio & Denise De Almeida - Architect's Certification - $190,000.00
SILOT $ 3,800.00- Purchase Price - $142,500.00 - 2 Family new construction
Architect - Daniel A. Roma- Contractor - Granada Construction, Corp.
Certificate of Occupancy: November 07, 2012
Additional Information:
The residential dwelling is owner occupied.
Deferred 6PSF-d1 022013/Public Hearing Open
Deferred 6PSF-b1 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 997, LOT 47 AND MORE COMMONLY KNOWN AS 29 HOUSTON STREET, FOR THE PERIOD COMMENCING FROM THE DATE OF ISSUANCE OF THE CERTIFICATE OF OCCUPANCY WHICH IS NOVEMBER 7, 2012 AND EXPIRING FIVE (5) YEARS THEREAFTER.
WHEREAS, Antonio & Denise De Almeida, filed a timely application with the City of Newark requesting a five (5) year tax abatement on the residential property located at 29 Houston Street, also known as Block 997, Lot 47, on the Official Tax Map for the City of Newark; and
WHEREAS, Antonio & Denise De Almeida, 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 neighbo...
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