Newark Land Bank Breaks Ground on New Single-Family Residence
- Author: Ron Croudy
- Date:
By Nicole Zanchelli
Newark Land Bank, a division of Invest Newark that is focused on boosting homeownership, broke ground on its first ground-up residential construction project at 113 Ridgewood Ave. on Monday morning.
Breaking ground on this home marks the beginning of a larger effort to construct seven new single-family homes across Newark by 2026, a move to expand homeownership opportunities for city families.
Local developer Three Brothers Construction will construct a three-story, single-family residence at the Ridgewood Avenue site, which will feature four bedrooms, 3.5 baths and a private garage.