New Jersey Record
Newark
High PriorityDevelopmentopen

Essex Reservoir site affordable homeownership

Summary

After receivership and relocation of all residents two years ago, the Urban League plans to turn the failed rental complex into affordable condos — potentially under $200,000 — for Newark workers like teachers' aides and nursing assistants.

At a glance

Total mentions
1
Last 30 days
0

Last discussed May 19, 2026.

Impact analysis

💰Financial impact

Units are expected to be priced under $200,000, dependent on subsidies and grants the Urban League still must secure.

✅Who benefits

Essential workers and longtime Newark families priced out of an $800,000-market.

Mentions & discussions (1)

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