New Jersey Record
Newark
PendingOther

Estella Gardens preservation

Description

A $38.2 million, 100% affordable renovation of the former Roysman-portfolio property, backed by $20 million in city bonds, HMFA financing, and tax credits, with Fairstead as developer.

Impact summary

Preserves 43 units as permanently affordable housing and upgrades HVAC, kitchens, and baths.

Applicant

Name
Estella Gardens Preservation LLC / Fairstead
Address
Springfield Avenue, Newark, NJ

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last discussed Jun 16, 2026.

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