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Bill > S3122


NJ S3122

NJ S3122
Authorizes State Treasurer to sell and convey certain surplus real property located in Town of Secaucus, Hudson County.


summary

Introduced
11/05/2020
In Committee
12/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill authorizes the State Treasurer to sell and convey to the Town of Secaucus in the County of Hudson all of the State's right, title, and interest in and to the property formerly known as The Secaucus Regional Day School, consisting of 3.36+- acres of land and improvements thereon, located at Block 225, Lot 10 in the Town of Secaucus, County of Hudson. The property has been declared surplus to the needs of the State. The Town of Secaucus will pay the State $1,800,000 for the subject property, based on an appraisal for the negotiated sale price. The property will be sold in accordance with the terms and conditions approved by the State House Commission.

AI Summary

This bill authorizes the State Treasurer to sell and convey a 3.36-acre property formerly known as The Secaucus Regional Day School, located in Secaucus, Hudson County, to the Town of Secaucus for $1,800,000 based on an appraisal. The sale and conveyance must be executed in accordance with the terms and conditions approved by the State House Commission, as the property has been declared surplus to the state's needs.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Substituted by A4941 (on 01/28/2021)

bill text


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