Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Rehabilitating the properties for use as an owner-occupied residence.
Entity Name: Frederick Cooke
Entity Address: 1186 Raymond Boulevard, Newark, NJ 07102
Sale Amount: $40,000.00
Cost Basis: (X) $4.00 PSF ( ) Negotiated ( ) N/A ( ) Other: _________
Assessed Amount: $302,000.00
Appraised Amount: Information not provided
Contract Period: To commence within (3) months and be completed within 18 months from the transfer of ownership
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions (X) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
Address/Block/Lot/Ward
385-387 Parker Street/Block 607/Lot 49/North Ward
389-391 Parker Street/Block 607/Lot 51/North Ward
Additional Information:
2010 Rolling Sale II/City-Owned Vacant Land and Structures
Failed 7R3-e 060211
Invitation: Economic and Housing Development Director, June 14, 2011