New Jersey Record
Newark
Under reviewSite Plan

7R2A — Three-and-a-half-story affordable residential building, North Ward

Description

A young minority-owned contractor buying city land for more than assessed value and building 100% affordable units at 60–80% AMI — Ramos held it up as the model other developers should follow.

Impact summary

All units affordable at 60–80% AMI, with the buyer paying above assessed value — a contrast to other discounted sales.

Applicant

Name
Mr. Pachardo
Address
North Ward

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last discussed Mar 31, 2026.

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