New Jersey Record
Newark
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City Property Sales for Housing and Port-Related Development

Summary

The council approved several sales of city-owned lots to developers for new two- and three-family homes, some with affordable units, while deferring others for more review.

At a glance

Total mentions
9
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Sep 9, 2026.

Impact analysis

๐Ÿ’ฐFinancial impact

Sales ranging from about $43,680 to $220,500 per parcel under the city's minimum price ordinance.

โœ…Who benefits

Developers and future residents, including affordable-income households on several sites.

โš ๏ธWho could be affected

The developers and neighborhoods awaiting the housing projects face delay.

Mentions & discussions (9)

MeetingSep 9, 2026

Municipal Council โ€” September 9, 2026

The council approved several sales of city-owned lots to developers for new two- and three-family homes, some with affordable units, while deferring others for more review.

MeetingAug 5, 2026

Municipal Council โ€” August 5, 2026

The council sold or deferred a batch of city lots to developers planning new two-, three- and four-family homes, several with affordable or Section 8 units. Approved sales included Peshine Avenue, Chadwick Avenue, 6th Avenue and Avon Avenue; several others were pushed to a later meeting.

MeetingJul 15, 2026

Municipal Council โ€” July 15, 2026

The council sold or advanced sales of more than a dozen city-owned lots to developers building two- and three-family homes, several with affordable set-asides โ€” though several sales were deferred for more review.

MeetingMay 20, 2026approved

Municipal Council โ€” May 20, 2026

The city sold 34 Commerce Street for $700,000 for market-rate apartment conversion and three parcels for $4 million for housing, truck parking, and industrial redevelopment.

MeetingApr 15, 2026approved

Municipal Council โ€” April 15, 2026

The council sold city lots cheaply to developers who must build on them โ€” one two-family home rented to Section 8 voucher holders and three affordable single-family homes in the West Ward. A third sale was deferred.

MeetingMar 18, 2026approved

Municipal Council โ€” March 18, 2026

Four private-sale redevelopment deals for new housing were pushed to a future meeting, delaying those projects.

MeetingFeb 18, 2026approved

Municipal Council โ€” February 18, 2026

The city sold several vacant lots at below-market rates to developers who must build two- and three-family homes within 18-24 months, some with affordable units. It adds housing stock but the Ridge Street sale was held back for more answers.

MeetingFeb 4, 2026

Municipal Council โ€” February 4, 2026

Sales of city lots for new two- and three-family homes on Livingston Street, 19th Avenue and Brenner Street were deferred, while a West Ward mixed-use project on Stuyvesant Avenue was approved with a convenience store instead of a grocery store.

MeetingJan 21, 2026approved

Municipal Council โ€” January 21, 2026

The council sold a South Ward lot for a three-family home with two affordable units, but sent one West Ward sale back to the administration and deferred a Central/South Ward package.

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