New Jersey Record
Newark
Medium PriorityDevelopmentopen

Affordable housing sale at 200 Ridge Street sent back

Summary

A plan to sell 200 Ridge Street to Three Brothers Construction for $28,700 — to build a two-family home renting at 50% of area median income — was returned to the administration instead of approved.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Mar 4, 2026.

Impact analysis

💰Financial impact

The city would have received $28,700 for the property; the sale is on hold.

✅Who benefits

If revived, the deal would create affordable rental units in the North Ward.

⚠️Who could be affected

The developer and future affordable-housing tenants wait while the item is reworked.

Mentions & discussions (1)

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