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Newark-Pompton Turnpike Redevelopment Plan

BID #: 24001574A
ISSUED: 2/1/2025
DUE: TBD
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

The Borough of Riverdale, Morris County, NJ, is undertaking a redevelopment plan for the Newark-Pompton Turnpike area, specifically Block 26, Lots 21.01 and 21.03, encompassing approximately 3.7 acres. This plan aims to provide a framework for the redevelopment of the designated area, encouraging development to stimulate economic activity. The vision includes affordable housing, pedestrian-friendly neighborhoods, brownfield remediation, and visually compatible development. The redevelopment plan supersedes the prior zoning in accordance with New Jersey’s Local Redevelopment and Housing Law (N.J.S.A. 40A:12A-7.c).

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Timeline

First Discovered

Apr 5, 2026

Last Info Update

Apr 5, 2026

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Newark-Pompton Turnpike Redevelopment Plan — Riverdale | MuniBidder