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Bill > S1644


NJ S1644

Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Hillsborough in Somerset County.


summary

Introduced
01/09/2024
In Committee
02/12/2024
Crossed Over
03/18/2024
Passed
03/18/2024
Dead
Signed/Enacted/Adopted
04/23/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act authorizing the State Treasurer to sell certain surplus real property and improvements owned by the State in the Township of Hillsborough, County of Somerset.

AI Summary

This bill authorizes the New Jersey State Treasurer to sell a 4.30-acre property located at 1600 Brooks Boulevard in Hillsborough Township, Somerset County, which is currently owned by the Department of Children and Families. The property, known as the former Hillsborough Social Services Office, will first be sold to the Manville Board of Education for the appraised value of $870,000. If the sale to the Manville Board of Education does not occur, the property will be sold through an Internet auction with the same $870,000 appraised value as the minimum bid price. The sale and conveyance of the property must be executed in accordance with the terms and conditions approved by the State House Commission.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Approved P.L.2024, c.9. (on 04/23/2024)

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