
FAIRMOUNT COMMONS
312-317 S 12th Street, Newark, NJ
Number of Units
48
Development Size
53,382 SF
Total Development Cost
$11,893,529
Project Status
Construction expected to start June 2028
MCI Collective is proud to propose the development of a five-story multifamily affordable housing community designed to provide high-quality, thoughtfully designed homes that promote stability, well-being, and a strong sense of community for residents.
This development will feature 48 apartments across floors 2-5, offering a diverse mix of 24 one-bedroom, 12 two-bedroom, and 12 three-bedroom units, ensuring options that meet the needs of individuals and families alike.
The ground floor is intentionally designed as a community-centered space, featuring two dedicated common areas that enrich the residential experience. These spaces will include a fitness center, a children’s play area, a computer lab, and a resident lounge, fostering engagement, wellness, and a sense of belonging among neighbors. Prioritizing both functionality and comfort, the development will offer 39 parking spaces, elevators for accessibility, and an open floor concept designed to promote feng shui.







