75-Unit Development With Some ‘Affordable Housing’ Planned for Newark’s South Ward

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158 164 Chancellor Avenue Newark Nj Development Planned
158-164 Chancellor Avenue, Newark. Image via Google Maps/Street View.

A vacant property situated between apartment buildings in the South Ward of Newark could soon contain an apartment building as well.

The Newark Municipal Council adopted a resolution on May 20 that involves the sale and redevelopment of 158-164 Chancellor Avenue in Weequahic. Located between Maple Avenue and Parkview Terrace, the tract has long sat vacant, but is now slated to become home to a development with 75 residential units.

Newark’s municipal government is planning to sell the parcel for nearly $140,000 to DLAM Community Development, LLC through a private sale, according to a resolution. The company is planning a “luxury market rate rental” project with 15 “affordable housing” units. An unspecified amount of parking would be provided as well at the nearly 11,600 square foot site.

DLAM Community Development, LLC reportedly submitted a letter of intent to the City of Newark involving purchasing and redeveloping 158-164 Chancellor Avenue. The company is registered out of 177 South 7th Street, a property that is owned by the Val-Tech Group of Bushwick, Brooklyn, according to municipal tax filings.

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16 COMMENTS

  1. How can I apply for a relocation
    Where I live I can’t even open my windows at night because of the rodents live up against my windows in which I am in a lower level ground floor of a town house.
    I have section 8.I’m looking to move.

  2. I am a single parent with 1 child (son) on the verge of homelessness from staying with someone … Help me out with a 2 bedroom apartment please

  3. I hope this development comes to fruition, the lot in question has been vacant for some time now.

    For those inquiring about apt availability, this isn’t the forum for that. I would suggest you try reaching out to the developers, DLAM Community Development, LLC, directly. The sale of the parcel of land by the City, just cleared a resolution last month, so the transaction still needs to take place. I’d imagine they haven’t completed the permitting process yet. Not to mention that they may require zoning variances too.

    My point is I doubt this project will be shovel-ready anytime soon, so prospective tenants have ample time to do their research.

  4. A lot of brooklyn Hasidic developers are now very active in Newark and Jersey City .. their buildings are nicer than the Bayonne box eyesores and they aren’t afraid to develop the hood .. I own in the hood. This increased my property value .. bout time, bring it on.

  5. I am not sure it’s a good thing…I would love to see more local in state developers, who have a more vested interest not only land but community as well!

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