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.

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Van Keith Flats