Hamilton Street properties to be appraised

The Redevelopment Agency awarded a contract for the appraisal of nine different lots, including six properties in and around the former St. Mark’s Church that recently were studied for redevelopment.

The seven-member body adopted a resolution (Res. 16-19) during its regular, public monthly meeting last night to authorize a $22,500 professional services contract to Hoboken-based Stack Coolahan & Stack for “appraisal consulting services to perform appraisals” of property known as Block 162, Lots 5-13.

In addition to the six properties recently studied for redevelopment purposes, the contract calls for appraisals of several adjacent commercial properties at Irving Street and Seminary Avenue that once had been slated to house a jazz club. Redevelopment Agency Robert Landolfi said he would expect appraisals could be completed by the end of the summer.

Nine lots in all, along Block 162 on the tax map, will be appraised:

The former St. Mark’s Church on Hamilton Street, owned by the Archdiocese of Newark, was demolished in the spring. City Council in February formally directed the Planning Board to study those six properties to determine if they qualify for a condemnation redevelopment area under state law.

Kellys Pub site.Seminary-Irving
File photo

Years ago, the three lots that make up the end of the block at Irving Street and Seminary Avenue were part of a mixed-use plan to create a ground–floor jazz club with apartments on the upper floors. The proposal got as far as the Planning Board in 2007 before running into other issues, finally being scrapped a couple of years ago. The three lots were acquired more than three years ago by an entity named Lela’s 4, LLC.

It’s next up to the Planning Board to recommend to City Council whether the properties qualify for redevelopment. Approval by the governing body then would authorize the Redevelopment Agency. The properties likely would be added to the Central Business District (CBD) Redevelopment Area as that already includes the three Irving Street properties and extends to West Grand Avenue.

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