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File #: 19-0681    Version: 1 Name: Alicia Gift-Lehigh Ave
Type: Resolution Status: Adopted
File created: 4/13/2019 In control: Economic and Housing Development
On agenda: 8/7/2019 Final action: 8/7/2019
Title: Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To rehabilitate the property for owner occupied housing. Entity Name: Alicia Gift Entity Address: 372 Northfield Avenue, West Orange, New Jersey 07052 Sale Amount: $35,000.00 Cost Basis: (X) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $191,800.00 Appraised Amount: $0.00 Contract Period: To commence within three (3) months and be completed within twelve (12) months from the transfer of ownership by the City 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) 118 Lehigh Avenue/Block 3661/Lot 13/South Ward Additional Information: Total Pric...
Sponsors: John Sharpe James, Eddie Osborne
Attachments: 1. 19-0681 certified resolution.pdf
Title
Dept/ Agency: Economic and Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: To rehabilitate the property for owner occupied housing.
Entity Name: Alicia Gift
Entity Address: 372 Northfield Avenue, West Orange, New Jersey 07052
Sale Amount: $35,000.00
Cost Basis: (X) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $191,800.00
Appraised Amount: $0.00
Contract Period: To commence within three (3) months and be completed within twelve (12) months from the transfer of ownership by the City
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)
118 Lehigh Avenue/Block 3661/Lot 13/South Ward
Additional Information:
Total Price: Square Footage x PSF = 3,500 X $10.00 = $35,000.00
Sale at prices set forth by Ordinance 6S&Fh adopted on April 7, 2004, establishing the minimum sale price of City-owned properties.
body

WHEREAS, the purpose of this resolution to approve the sale and redevelopment of the following City-owned Property is located in the South Ward of the City of Newark:

ADDRESS
BLOCK
LOT
SIZE
SQ. FEET
118 Lehigh Avenue
3661
13
35X100
3,500

Total Purchase Price: $35,000.00 ($10.00 per sf.); and

WHEREAS, the City of Newark has determined that the above referenced City-owned Property (the "Property") is no longer needed for public use; and

WHEREAS, pursuant to N.J.S.A. 40A:12A-8(g), the City of Newark is proceeding with the rehabilitation of the area and is conveying properties at such prices and upon such terms as it deems reasonable and said conveyance is made in conjunction with the applicable Redevelopment Plan, as amended; and

WHEREAS, the Municipa...

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