42 Bennett Avenue

42 Bennett Avenue, Building 2
42 Bennett Avenue, Building 2

Project Address: 42 Bennett Avenue, Randolph
Build plan: building 1 to be completed in 2022; building 2 in 2023; buildings 3 & 4 in 2024
Type:

  • 25 units in 4 buildings
  • New construction
  • 3 bedrooms in 7 homes; 2 bedrooms in 14 homes; 1 bedroom in 4 homes

Families:

The family selection process is scheduled to begin in spring 2021. Household size must be from 1 to 6 persons. The homes will be sold to eligible low and moderate income applicants. Affordable 30-year mortgages will be provided by Morris Habitat. The homes will have a 30-year deed restriction that allows modest equity upon resale, but mandates that they be sold at an affordable price to other income-eligible families. Prospective homeowners will contribute a minimum of 300 hours of sweat equity.

Twenty-five new condos and a community room will be built on the former E.A. Porter industrial site on Bennett Avenue in Randolph. The 2.5-acre property was acquired by Randolph Township in 2008 through tax foreclosure and will be donated to Morris Habitat. The township will be responsible for environmental remediation, demolition of existing structures, site design, approvals and permitting.

This largest project in our thirty-five-year history is supported by home sponsors Bayer and GAF. Other sponsors include New Jersey Natural Gas.

Pro bono and reduced-fee professional services have been contributed by architect Seth Leeb Architect, AIA; attorney Sean Monaghan of Schenk, Price, Smith, & King, LLC; and environmental consultant Eikon Planning and Design, LLC.

The old warehouse was demolished in 2016. Site preparation should be completed by summer 2021 so that construction can begin.