Bill

Bill > S1977


NJ S1977

NJ S1977
Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Woodbridge in Middlesex County.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
01/09/2024
Dead
01/09/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill authorizes the State Treasure to sell and convey a portion of the State's interest within the former Woodbridge Development Center property located at 1291 Rahway Avenue in the Township of Woodbridge, Middlesex County. The State will sell two non-contiguous parcels and improvements thereon containing 2.321 acres. The State will sell the property to the Township of Woodbridge for the appraised value of $910,000. The property is considered surplus to the needs of the State. The State House Commission will set the terms and conditions of the sale. In 2018, the State House Commission approved the sale of a portion of the former site of the Department of Correction's Woodbridge Development Center property to the Township of Woodbridge. The current sale will subdivide the Power Plant Parcel of the former site so that the State retains the central portion of the parcel and certain rights and the Township of Woodbridge acquires the northern and southern portion of the parcel.

AI Summary

This bill authorizes the State Treasurer to sell and convey a portion of the former Woodbridge Development Center property, located at 1291 Rahway Avenue in Woodbridge, Middlesex County, to the Township of Woodbridge. The property, consisting of two non-contiguous parcels totaling 2.321 acres, will be sold for the appraised value of $910,000. The sale will be executed in accordance with the terms and conditions approved by the State House Commission. This sale is considered surplus to the needs of the State and follows a previous 2018 approval by the State House Commission for the sale of a portion of the former site to the Township of Woodbridge.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Withdrawn Because Approved P.L.2023, c.345. (on 01/09/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...