Property Details
First Precinct/IrvineTurner Project
- 219 Irvine Turner Newark, New Jersey
Apartments
Retail Space
Municipal
In collaboration with the City of Newark, NJ, the First Precinct/Irvine Turner Project will the first ever real estate developement project to combine municipal police station together with residential living.
- 1st Floor Police Station
- 2nd -7th Floor Residential
- Community Room 3833 sq ft
-
Commercial/Retail -1
2188 Sq Ft -
Commercial/Retail -2
824 Sa Ft - Roof Top Community Deck/Green Space
Project Description
A joint effort between the City of Newark, the business community, law enforcement, and the surrounding residents; the First Precinct Place is a worthwhile and welcome endeavor for the community at large who have expressed support as well as need for the project.
The goal of the project is to create an environment where the community and
police can foster trust and appreciation through collaboration.
First Precinct Place will include 50% or 32 of the 68 units reserved as affordable of which 21 of those are earmarked for families earning below 50% of the area median income.
The First Precinct Police Station will be a full-service police station that is designed to spec to address every need to include, including administrative offices, interview rooms, evidence rooms, etc.
The residential tower of the First Precinct building includes a total of 68 units, 32 of which 21 units are earmarked for families earning below 50% of the area’s median income. Amenities include multi-use community rooms, rooftop deck, and green spaces.
The First Precinct Building Project will also include 2942 square feet of community space, part of which will be dedicated to community programming, events, and meetings.
Address
- Address
- City
- State
- 219 Irvine Turner Newark
- Newark
- NJ
- Zip Code
- Area
- Country
- 07108
- South Ward
- USA
Details
- Price
- Size
- Bedrooms
- Bathroom
- Affordable -Market Mix
- 1.200 Sq Ft
- Studio -3 Beds
- 1-2
- Garage
- Delivery Date
- Property Type
- Property Status
- 27 Spaces
- June 2024
- Apartment
- For Rent
Features
- Laundry
- Gym
- Rooftop Deck
- Central Air/Heat
- High Speed Internet Wiring
- Outdoor Basketball Court
Demond Wilkerson
Licensed Real Estate Broker - Modern Commercial Capital Institute
Managing Member of Modern Commercial Capital Institute a Commercial real estate finance and economic development consulting firm. He has over 18 years of experience via JP Morgan Asset Management, HSBC Bank, and Santander Bank. With formal commercial credit training, National Association of Mortgage Underwriters certified, a he’s responsible for structuring transactions ranging from commercial real estate financing, SBA financing, and complex multi-layer tax credit transactions. He has developed economic impact studies and has advised agencies such as as the The NY Small Business Development Center at York College and Lehman College, The Minority Business Development Agency operated by SoBro and a variety of CDFI’s in educating clients about commercial real estate and community development finance. Previously held series 7, 63, & 65 securities licenses.